New York A 1032: Relates to forms of marihuana authorized for medical use

Bill Text

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A01032 Summary:

BILL NOA01032 

&nbsp

SAME ASSAME AS S04203

&nbsp

SPONSORMamdani (MS)

&nbsp

COSPNSRSeawright, De Los Santos, Cunningham, Reyes, Shrestha

&nbsp

MLTSPNSRCarroll R, Forrest, Gallagher, Mitaynes, Raga, Septimo, Simone

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Amd §119-r, Gen Muni L; amd Part PP §3, Chap 54 of 2016

&nbsp

Updates value capture mechanisms for NYC and the MTA, including transparency requirements; makes such provisions permanent.

Go to top A01032 Actions:

BILL NOA01032 

&nbsp

01/08/2025referred to corporations, authorities and commissions

01/05/2026enacting clause stricken

Go to topA01032 Committee&nbspVotes:

Go to topA01032 Floor&nbspVotes:

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

Go to topA01032 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 1032

 2025-2026 Regular Sessions

 IN ASSEMBLY

 January 8, 2025
 ___________

 Introduced by M. of A. MAMDANI, SEAWRIGHT, DE LOS SANTOS, CUNNINGHAM,
 REYES, SHRESTHA -- Multi-Sponsored by -- M. of A. R. CARROLL, FORREST,
 GALLAGHER, MITAYNES, RAGA, SEPTIMO, SIMONE -- read once and referred
 to the Committee on Corporations, Authorities and Commissions

 AN ACT to amend the general municipal law, in relation to adjusting
 value capture mechanisms for New York city and the metropolitan trans-
 portation authority, including transparency requirements; and to amend
 part PP of chapter 54 of the laws of 2016, amending the general munic-
 ipal law relating to the New York transit authority and the metropol-
 itan transportation authority, in relation to making such value
 capture mechanisms and transparency requirements permanent

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

 1 Section 1. Paragraph f of subdivision 1 of section 119-r of the gener-
 2 al municipal law, as added by section 2 of part PP of chapter 54 of the
 3 laws of 2016, is amended to read as follows:
 4 f. The making of a contract with the metropolitan transportation
 5 authority, by itself or with one or more other municipal corporations to
 6 assist the authority in meeting its capital or operating expenses in
 7 providing mass transportation services of benefit to all or part of such
 8 municipal corporation, including undertaking a mass transportation capi-
 9 tal project in or near the municipal corporation. Such a municipal
 10 corporation may, according to the terms of the contract with the author-
 11 ity, establish, levy and collect taxes, assessments, and/or charges and
 12 may conditionally or unconditionally grant or pledge a portion of its
 13 revenues allocated according to subdivision e of this section. Such
 14 municipal corporation may designate mass transportation capital project
 15 districts that a municipal corporation finds, after conducting a public
 16 hearing, will benefit from an identified mass transportation capital
 17 project.
 18 (i) (1) At least two weeks prior to conducting such public hearing
 19 under this subdivision, the municipal corporation shall produce and
 20 publish on its website two separate analyses that include: (A) revenue
 21 projections for the district based on historic property tax data and

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD00218-01-5

 A. 1032 2

 1 analysis that the fair market value of properties within the subdistrict
 2 is expected to increase as a result of the improvement, by more than
 3 would have occurred in the absence of such improvement; and (B) trans-
 4 portation engineering analysis showing how the public would be served by
 5 the mass transportation capital project in such district or area.
 6 (2) Such analyses under clause one of this subparagraph shall include
 7 accompanying data in a machine-readable, tabular format, and an explana-
 8 tion of the methodology and specific assumptions used in each analysis.
 9 The public shall have the opportunity to submit written comments on such
 10 analyses provided, and the municipal corporation and/or the metropolitan
 11 transportation authority shall respond to public comment received in
 12 writing and at such public hearing in a report that is posted in the
 13 municipal corporati