New York S 2714: Establishes the metropolitan transportation authority control board

Bill Text

Bill Search and Legislative Information | New York State Assembly 

• 

• 

• 

• 

• 

• 

• 

• 

 Skip to main content 

 New York State Assembly

 Speaker Carl E. Heastie

 --> 
 --> 

 --> 

• 
 Assembly Members 

• 
 Legislative Info 

• 
 Public Hearings 

• 
 Speaker's Press 

• 
 Assembly Reports 

• 
 Committees & More 

• Bill Search Home
• Laws
• Legislative Calendar
• Public Hearing Schedule
• Assembly Calendars
• Assembly Committee Agenda 

 Javascript must be enabled to properly view this page. 

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
S02714 Summary:

BILL NOS02714 

&nbsp

SAME ASSAME AS A07812

&nbsp

SPONSORMURRAY

&nbsp

COSPNSRBORRELLO, CANZONERI-FITZPATRICK, CHAN, HELMING, MATTERA, OBERACKER, PALUMBO, RHOADS, ROLISON, WEIK

&nbsp

MLTSPNSR

&nbsp

Add §§1279-m & 1279-n, Pub Auth L

&nbsp

Establishes the metropolitan transportation authority control board.

Go to top S02714 Actions:

BILL NOS02714 

&nbsp

01/22/2025REFERRED TO TRANSPORTATION

01/07/2026REFERRED TO TRANSPORTATION

Go to topS02714 Committee&nbspVotes:

Go to topS02714 Floor&nbspVotes:

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

Go to topS02714 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 2714

 2025-2026 Regular Sessions

 IN SENATE

 January 22, 2025
 ___________

 Introduced by Sens. MURRAY, BORRELLO, CHAN, HELMING, MATTERA, OBERACKER,
 PALUMBO, RHOADS, WEIK -- read twice and ordered printed, and when
 printed to be committed to the Committee on Transportation

 AN ACT to amend the public authorities law, in relation to establishing
 the metropolitan transportation authority control board

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

 1 Section 1. Legislative findings and declaration. The legislature here-
 2 by finds and declares that the metropolitan transportation authority is
 3 facing a severe fiscal crisis, and that the crisis cannot be resolved
 4 absent assistance from the state. The legislature finds that the author-
 5 ity has repeatedly relied on annual extraordinary increases in state aid
 6 as well as cost increases passed on to taxpayers and its customers to
 7 balance its budget, and that the state and taxpayers cannot continue to
 8 take such extraordinary actions on the authority's behalf. The legisla-
 9 ture further finds and declares that maintenance of a balanced budget by
 10 the metropolitan transportation authority is a matter of overriding
 11 state concern, requiring the legislature to intervene to provide a means
 12 whereby: the long-term fiscal stability of the authority will be
 13 assured, the core infrastructure investment needs of the authority will
 14 be met, the confidence of investors in the authority's bonds and notes
 15 is preserved, the burden to taxpayers of untenable cost increases is
 16 lifted and the economy of both the region and the state as a whole is
 17 protected.
 18 § 2. The public authorities law is amended by adding two new sections
 19 1279-m and 1279-n to read as follows:
 20 § 1279-m. Metropolitan transportation authority control board;
 21 creation; procedure. 1. The metropolitan transportation authority
 22 control board is hereby created to have and exercise the powers, duties
 23 and prerogatives provided by the provisions of this chapter and any
 24 other provision of law.
 25 2. The membership of the board shall consist of five persons appointed
 26 by the governor, of which one shall be upon the recommendation of the
 27 temporary president of the senate, one upon the recommendation of the

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD04921-01-5

 S. 2714 2

 1 speaker of the assembly, one upon the recommendation of the minority
 2 leader of the senate and one upon the recommendation of the minority
 3 leader of the assembly. The term of the members first appointed shall
 4 continue for twenty-four months after the initial appointment. Upon
 5 recommendation of the nominating party, the governor may replace any
 6 member in accordance with the provision contained herein for the
 7 appointment of members. The governor shall designate one of the members
 8 to serve as chairperson. The board shall act by unanimous vote of the
 9 voting members of the board. Any determination of the board shall be
 10 evidenced by a certification thereof executed by all the voting members.
 11 Each member of the board shall be entitled to designate a representative
 12 to attend meetings of the board in such member's place, and to vote or
 13 otherwise act on such member's behalf in such member's absence. Notice
 14 of such designation shall be furnished in writing to the board by the
 15 designating member. A representative shall serve at the pleasure of the
 16 designating