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NY S03684
NY S03684Requires the metropolitan transportation authority to create ten-year capital program plans.
summary
Introduced
01/29/2025
01/29/2025
In Committee
01/29/2025
01/29/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the public authorities law, in relation to requiring the metropolitan transportation authority to create ten-year capital program plans
AI Summary
This bill requires the Metropolitan Transportation Authority (MTA) to create and submit ten-year capital program plans to its capital program review board, expanding upon existing requirements for five-year plans. Specifically, the bill mandates that on or before October 1st, 2025, the MTA must submit two capital program plans covering a ten-year period starting January 1st of the following year. Additionally, starting January 31st, 2035, and every ten years thereafter, the MTA must continue to submit two ten-year capital program plans. The bill also modifies existing provisions related to amendments or modifications to these plans, changing references from "five-year" to "ten-year" plans. These changes will allow for more long-term planning and provide greater visibility into the MTA's capital investment strategies. The amendments require the MTA to submit updates to the capital program review board if there are significant changes in project costs, project descriptions, new project additions, timing shifts, or funding source alterations. The bill takes effect immediately upon passage.
Committee Categories
Transportation and Infrastructure
Sponsors (1)
Last Action
REFERRED TO TRANSPORTATION (on 01/29/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.nysenate.gov/legislation/bills/2025/S3684 |
BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S03684&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S03684 |
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