Bill > A02638

This bill establishes a new Long Island transportation account within the New York City Transportation Assistance Fund, which will receive fifty percent of certain tax revenues previously allocated to other transportation accounts. The new account is specifically designed to fund transportation infrastructure and services in Nassau and Suffolk Counties, including operating and capital costs for Metropolitan Transportation Authority (MTA) facilities, equipment, and services. The funds can be used for a wide range of transportation needs, such as infrastructure construction and reconstruction, property acquisition, operating costs, personal services, and even a toll reduction program for MTA crossings. Notably, the bill requires that any use of these funds must be unanimously approved by three specific board members: one appointed by the Senate president, one by the Assembly speaker, and one by the governor. This ensures a collaborative decision-making process for allocating the transportation funds. The bill amends existing public authorities and tax laws to create this new funding mechanism and takes effect immediately upon passage, providing a dedicated funding stream for transportation improvements on Long Island.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/A2638