New York A 4357: Relates to prohibiting financial institutions from charging a fee for periodic paper statements

Bill Text

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A04357 Summary:

BILL NOA04357 

&nbsp

SAME ASSAME AS S04367

&nbsp

SPONSORHyndman

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §1269-c, Pub Auth L

&nbsp

Requires the submission of a twenty-year capital needs assessment to the metropolitan transportation authority capital program review board.

Go to top A04357 Actions:

BILL NOA04357 

&nbsp

02/04/2025referred to corporations, authorities and commissions

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

Go to topA04357 Committee&nbspVotes:

Go to topA04357 Floor&nbspVotes:

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

Go to topA04357 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 4357

 2025-2026 Regular Sessions

 IN ASSEMBLY

 February 4, 2025
 ___________

 Introduced by M. of A. HYNDMAN -- read once and referred to the Commit-
 tee 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

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Section 1269-c of the public authorities law is amended by
 2 adding a new subdivision d to read as follows:
 3 d. On or before October first, two thousand twenty-nine, and on or
 4 before October first of every fifth year thereafter, the authority shall
 5 submit to the metropolitan transportation authority capital program
 6 review board a twenty-year capital needs assessment. Such assessment
 7 shall begin with the period commencing January first, two thousand thir-
 8 ty-one, and begin each assessment with every fifth year thereafter, and
 9 describe capital investments over the succeeding twenty years. Such
 10 assessment shall: (1) set forth broad long-term capital investments to
 11 be made throughout the district; and (2) establish a non-binding basis
 12 to be used by the authority in the planning of strategic investments
 13 involving capital elements in its five-year capital plans. Such assess-
 14 ment shall not require a vote of the metropolitan transportation author-
 15 ity capital program review board and shall be for informational purposes
 16 only. For purposes of this section, "broad long-term capital invest-
 17 ments" shall include but not be limited to: system rebuilding, enhance-
 18 ment, and expansion needs; agency needs broken down by capital element
 19 or investment category; and projected future trends and network impli-
 20 cations. Such assessment shall be certified by the chair of the authori-
 21 ty and shall be entered into the permanent record of the minutes of the
 22 review board.
 23 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD05667-01-5

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