New York A 5963: Relates to requiring landlords to return security deposits within a reasonable time

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 
A05963 Summary:

BILL NOA05963 

&nbsp

SAME ASSAME AS S03684

&nbsp

SPONSORCarroll R

&nbsp

COSPNSRJacobson, Reyes, Simon, Sayegh, DeStefano

&nbsp

MLTSPNSRCook

&nbsp

Amd §1269-b, Pub Auth L

&nbsp

Requires the metropolitan transportation authority to create ten-year capital program plans.

Go to top A05963 Actions:

BILL NOA05963 

&nbsp

02/25/2025referred to corporations, authorities and commissions

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

Go to topA05963 Committee&nbspVotes:

Go to topA05963 Floor&nbspVotes:

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

Go to topA05963 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 5963

 2025-2026 Regular Sessions

 IN ASSEMBLY

 February 25, 2025
 ___________

 Introduced by M. of A. R. CARROLL, JACOBSON, REYES, SIMON, SAYEGH,
 DeSTEFANO -- Multi-Sponsored by -- M. of A. COOK -- read once and
 referred to the Committee on Corporations, Authorities and Commissions

 AN ACT to amend the public authorities law, in relation to requiring the
 metropolitan transportation authority to create ten-year capital
 program plans

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

 1 Section 1. Paragraphs (b) and (c) of subdivision 1 of section 1269-b
 2 of the public authorities law, as added by chapter 637 of the laws of
 3 1996, are amended and two new paragraphs (d) and (e) are added to read
 4 as follows:
 5 (b) [not] Not later than ten days after the effective date of this
 6 paragraph the authority shall submit to the metropolitan transportation
 7 authority capital program review board two capital program plans for the
 8 five-year period commencing January first, nineteen hundred ninety-five;
 9 [and]
 10 (c) [on] On or before October first, nineteen hundred ninety-nine and
 11 every fifth year thereafter through and including October first, two
 12 thousand sixteen, the authority shall submit to the metropolitan trans-
 13 portation authority capital program review board two capital program
 14 plans for the five-year period commencing January first of the following
 15 year[.];
 16 (d) On or before October first, two thousand twenty-five, the authori-
 17 ty shall submit to the metropolitan transportation capital program
 18 review board two capital program plans for the ten-year period commenc-
 19 ing January first of the following year; and
 20 (e) On or before January thirty-first, two thousand thirty-five, and
 21 every tenth year thereafter, the authority shall submit to the metropol-
 22 itan transportation capital program review board two capital program

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD05063-01-5

 A. 5963 2

 1 plans for the ten-year period commencing January first of the following
 2 year.
 3 § 2. Paragraph (a) of subdivision 7 of section 1269-b of the public
 4 authorities law, as amended by chapter 929 of the laws of 1986, is
 5 amended to read as follows:
 6 (a) The authority may from time to time submit to the metropolitan
 7 transportation authority capital program review board amendments or
 8 modifications to any [five-year] ten-year plan theretofore submitted,
 9 and shall submit such an amendment or modification (i) if the estimated
 10 cost of any capital element for which a specified dollar amount was
 11 proposed to be expended exceeds the amount set forth in the approved
 12 plan for such element by more than ten percent, (ii) if with respect to
 13 a particularly described capital element for which only an estimate of
 14 projected cost has been provided in the plan there is a material change
 15 in the description of such element from that contained in the approved
 16 plan, (iii) if a capital element not previously included in the approved
 17 plan is proposed to be undertaken and its cost, together with the cost
 18 of other elements included in category (l) of the plan, exceeds by ten
 19 percent the amount provided for such category (l) elements, (iv) if the
 20 authority shall propose to change by more than one year the time when
 21 any capital element is proposed to be initiated or the effect of such
 22 change will be to increase the estimated amount of capital