Assembly Bill A7587

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  7587

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                              May 19, 2015
                               ___________

Introduced  by  M.  of  A.  COOK, OTIS -- Multi-Sponsored by -- M. of A.
  GOTTFRIED -- read once and referred to the Committee on  Corporations,
  Authorities and Commissions

AN  ACT  to amend the public authorities law and the transportation law,
  in relation to metropolitan  transportation  authority  operating  and
  capital budget submission requirements

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The opening paragraph of subdivision 1 of section 1269-d of
the public authorities law, as amended by chapter 929  of  the  laws  of
1986, is amended to read as follows:
  On  or before July first, nineteen hundred eighty-seven, the authority
shall submit to the governor a strategic operation  plan  for  the  five
year  period  commencing January first of the following year. One compo-
nent of the plan shall be for the bus and subway  services  of  the  New
York  city  transit  authority  and  its subsidiaries and for the Staten
Island rapid transit operating authority; the other component  shall  be
for  the  commuter  railroad  services,  not including the Staten Island
rapid transit operating authority, under the jurisdiction of the author-
ity. The plan may be amended as required but shall be updated  at  least
annually.  BEGINNING  WITH  THE  PLAN  FOR THE PERIOD COMMENCING JANUARY
FIRST, TWO THOUSAND SEVENTEEN, EACH ANNUAL UPDATE SHALL BE SUBMITTED  TO
THE  GOVERNOR ON OR BEFORE THE SEPTEMBER FIRST PRIOR TO THE BEGINNING OF
THE PLAN PERIOD. EACH ANNUAL UPDATE MAY  ALSO  INCLUDE  THE  INFORMATION
REQUIRED  UNDER SECTION SEVENTEEN-A OF THE TRANSPORTATION LAW AND MAY BE
SUBMITTED IN SATISFACTION OF THE REQUIREMENTS OF SUCH SECTION. The  plan
shall include, but need not be limited to, the following:
  S 2. Subdivision 1 of section 17-a of the transportation law, as added
by chapter 57 of the laws of 1975, is amended to read as follows:
  1.   Each regional transportation authority shall submit to the gover-
nor, the commissioner, the chairman and ranking minority member  of  the

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06995-01-5
              

A. 7587                             2

senate  finance  committee, and the chairman and ranking minority member
of the assembly ways and means committee annually, not  later  than  the
first  day of October in a manner to be prescribed by the state director
of  the  budget,  information  on  operations  and capital construction,
setting forth the estimated  receipts  and  expenditures  for  its  next
fiscal  year  and its current fiscal year.  THE METROPOLITAN TRANSPORTA-
TION AUTHORITY AND ITS AFFILIATES MAY SUBMIT THIS INFORMATION AS PART OF
ITS STRATEGIC OPERATION PLAN AS REQUIRED UNDER  SECTION  TWELVE  HUNDRED
SIXTY-NINE-D OF THE PUBLIC AUTHORITIES LAW.
  S 3. This act shall take effect immediately.