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NY S03684

NY S03684
Requires the metropolitan transportation authority to create ten-year capital program plans.


summary

Introduced
01/29/2025
In Committee
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)

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