Bill > S02564

This bill requires the Metropolitan Commuter Transportation Authority (MTA) to obtain approval from the State Comptroller before implementing any fare increases. Specifically, the MTA must submit a written report to the Comptroller prior to raising fares, which must include a detailed justification for the proposed increase and a comprehensive overview of the authority's current financial condition. The Comptroller may request additional information and must approve the fare increase by resolution before it can take effect. This new requirement is designed to add an extra layer of oversight to fare increases, ensuring that they are justified and financially prudent. The bill amends existing public authorities law to insert these new approval mechanisms, mandating that no fare increase can be implemented without both the authority's internal approval and the Comptroller's explicit consent. The bill will take effect 90 days after becoming law and will apply to any fare increases implemented on or after that date. The goal appears to be increasing transparency and accountability in the MTA's fare-setting process by introducing an independent review mechanism.

Transportation and Infrastructure

https://www.nysenate.gov/legislation/bills/2025/S2564