Relates to the submission of a twenty-year capital needs assessment to the metropolitan transportation authority capital program review board; provides that such assessment shall be adopted by not less than a majority of members of the authority in the office, except in the event of a tie.
S T A T E O F N E W Y O R K
________________________________________________________________________
3086
2025-2026 Regular Sessions
I N A S S E M B L Y
January 23, 2025
___________
Introduced by M. of A. R. CARROLL -- read once and referred to the
Committee on Corporations, Authorities and Commissions
AN ACT to amend the public authorities law, in relation to the
submission of a twenty-year capital needs assessment to the metropol-
itan transportation authority capital program review board
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision c of section 1269-c of the public authorities
law, as added by section 1 of subpart E of part ZZZ of chapter 59 of the
laws of 2019, is amended to read as follows:
c. On or before October first, two thousand twenty-three, and on or
before October first of every fifth year thereafter, the authority shall
submit to the metropolitan transportation authority capital program
review board a twenty-year capital needs assessment. SUCH ASSESSMENT
SHALL BE ADOPTED BY NOT LESS THAN A MAJORITY VOTE OF THE WHOLE NUMBER OF
MEMBERS OF THE AUTHORITY THEN IN OFFICE, EXCEPT THAT IN THE EVENT OF A
TIE VOTE THE CHAIR SHALL CAST ONE ADDITIONAL VOTE. Such assessment shall
begin with the period commencing January first, two thousand twenty-
five, and begin each assessment with every fifth year thereafter, and
describe capital investments over the succeeding twenty years. Such
assessment shall: (1) set forth broad long-term capital investments to
be made throughout the district, INCLUDING AT A MINIMUM, IDENTIFYING
SPECIFIC NON-BINDING COST ESTIMATES BY ELEMENT FOR THE NEXT FIVE-YEAR
PERIOD AND TOTAL ESTIMATES BY ELEMENT OVER THE FULL TWENTY-YEAR PERIOD
NECESSARY TO: (I) ACHIEVE A STATE OF GOOD REPAIR; (II) MAINTAIN THE
NORMAL REPLACEMENT OF ASSETS; (III) IMPROVE THE SYSTEM; AND (IV) EXPAND
SERVICE; and (2) establish a non-binding basis to be used by the author-
ity in the planning of strategic investments involving capital elements
in its five-year capital plans. Such assessment shall not require a vote
of the metropolitan transportation authority capital program review
board and shall be for informational purposes only. For purposes of this
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD06043-01-5
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.