New York A 3086: Relates to the submission of a twenty-year capital needs assessment to the metropolitan transportation authority capital program review board

Bill Text

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A03086 Summary:

BILL NOA03086 

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SAME ASSAME AS S05148

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SPONSORCarroll R

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COSPNSR

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MLTSPNSR

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Amd §1269-c, Pub Auth L

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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.

Go to top A03086 Actions:

BILL NOA03086 

&nbsp

01/23/2025referred to corporations, authorities and commissions

01/07/2026referred to corporations, authorities and commissions

Go to topA03086 Committee&nbspVotes:

Go to topA03086 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA03086 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 3086

 2025-2026 Regular Sessions

 IN ASSEMBLY

 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:

 1 Section 1. Subdivision c of section 1269-c of the public authorities
 2 law, as added by section 1 of subpart E of part ZZZ of chapter 59 of the
 3 laws of 2019, is amended to read as follows:
 4 c. On or before October first, two thousand twenty-three, and on or
 5 before October first of every fifth year thereafter, the authority shall
 6 submit to the metropolitan transportation authority capital program
 7 review board a twenty-year capital needs assessment. Such assessment
 8 shall be adopted by not less than a majority vote of the whole number of
 9 members of the authority then in office, except that in the event of a
 10 tie vote the chair shall cast one additional vote. Such assessment shall
 11 begin with the period commencing January first, two thousand twenty-
 12 five, and begin each assessment with every fifth year thereafter, and
 13 describe capital investments over the succeeding twenty years. Such
 14 assessment shall: (1) set forth broad long-term capital investments to
 15 be made throughout the district, including at a minimum, identifying
 16 specific non-binding cost estimates by element for the next five-year
 17 period and total estimates by element over the full twenty-year period
 18 necessary to: (i) achieve a state of good repair; (ii) maintain the
 19 normal replacement of assets; (iii) improve the system; and (iv) expand
 20 service; and (2) establish a non-binding basis to be used by the author-
 21 ity in the planning of strategic investments involving capital elements
 22 in its five-year capital plans. Such assessment shall not require a vote
 23 of the metropolitan transportation authority capital program review
 24 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

 A. 3086 2

 1 section, "broad long-term capital investments" shall include but not be
 2 limited to: system rebuilding, enhancement, and expansion needs; agency
 3 needs broken down by capital element or investment category; and
 4 projected future trends and network implications. Such assessment shall
 5 be certified by the [chairman] chair of the authority and shall be
 6 entered into the permanent record of the minutes of the review board.
 7 § 2. This act shall take effect immediately.

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