| Date of Action |
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|---|---|
| Jan 16, 2025 |
referred to transportation |
Senate Bill S2259
2025-2026 Legislative Session
Sponsored By
(D, WF) 56th Senate District
Current Bill Status - In Senate Committee Transportation Committee
Actions
2025-S2259 (ACTIVE) - Details
2025-S2259 (ACTIVE) - Summary
Provides for indexing of certain appropriations; provides that on and after January 1, 2027 and on each following January first, the commissioner shall index the level of such appropriations for subsequent state fiscal years based on the national highway construction cost index for the most recent twelve month period; provides that the commissioner shall increase appropriations by the rate of inflation for the most recent twelve month period that is available at the time the adjusted rate is calculated and announced using the national highway construction cost index, or a successor index as calculated by the United States federal highway administration, if such rate of inflation is greater than zero percent.
2025-S2259 (ACTIVE) - Sponsor Memo
BILL NUMBER: S2259
SPONSOR: COONEY
TITLE OF BILL:
An act to amend the highway law, in relation to indexing appropriations
PURPOSE AND JUSTIFICATION:
Cost increases are inevitable and do not discriminate against individ-
uals or industries. This reality is particularly true in the highway
construction industry, where the price of materials and the fuel neces-
sary to deliver them have skyrocketed in recent years. While there has
been an increase in the State's funding for municipal road and bridge
projects in recent years, traditionally these funds have not kept pace
with increasing costs and deteriorating municipal infrastructure.
In order to address this issue and provide our municipal superintendents
and highway crews with the sufficient resources necessary to maintain
safe roads and bridges across New York State, we need to fashion our
funding formulas and mechanisms to reflect these inevitable increases.
By indexing the amount of money we dedicate to our infrastructure each
year to inflation, we can more accurately determine the appropriate
2025-S2259 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
2259
2025-2026 Regular Sessions
I N S E N A T E
January 16, 2025
___________
Introduced by Sen. COONEY -- read twice and ordered printed, and when
printed to be committed to the Committee on Transportation
AN ACT to amend the highway law, in relation to indexing appropriations
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 2 of section 10-c of the highway law, as
amended by chapter 355 of the laws of 1999, is amended to read as
follows:
2. On or before the twenty-fifth day of April, June, September and
November of each state fiscal year commencing with the state fiscal year
beginning on April first, nineteen hundred eighty-four there shall be
distributed and paid to counties, cities, towns and villages an amount
equal to the moneys appropriated for the purposes of this section
divided by the number of payment dates in that state fiscal year. Such
amounts shall be distributed and paid pursuant to subdivision three of
this section. PROVIDED, HOWEVER, THAT ON AND AFTER JANUARY FIRST, TWO
THOUSAND TWENTY-SEVEN AND ON EACH FOLLOWING JANUARY FIRST, THE COMMIS-
SIONER SHALL INDEX THE LEVEL OF SUCH APPROPRIATIONS FOR SUBSEQUENT STATE
FISCAL YEARS BASED ON THE NATIONAL HIGHWAY CONSTRUCTION COST INDEX FOR
THE MOST RECENT TWELVE MONTH PERIOD. THE COMMISSIONER SHALL INCREASE
APPROPRIATIONS BY THE RATE OF INFLATION FOR THE MOST RECENT TWELVE MONTH
PERIOD THAT IS AVAILABLE AT THE TIME THE ADJUSTED RATE IS CALCULATED AND
ANNOUNCED USING THE NATIONAL HIGHWAY CONSTRUCTION COST INDEX, OR A
SUCCESSOR INDEX AS CALCULATED BY THE UNITED STATES FEDERAL HIGHWAY
ADMINISTRATION, IF SUCH RATE OF INFLATION IS GREATER THAN ZERO PERCENT.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD03558-01-5
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