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Bill > S04113


NY S04113

NY S04113
Relates to capital program plans; provides that the MTA shall submit to the MTA capital program review board two capital program plans on or before January 31, 2030 and every fifth year thereafter; provides that all future capital program plans be submitted January 31 of the required years.


summary

Introduced
02/03/2025
In Committee
02/03/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the public authorities law, in relation to capital program plans

AI Summary

This bill modifies the existing law regarding capital program plans for the Metropolitan Transportation Authority (MTA). Specifically, it changes the submission timeline for capital program plans, requiring the MTA to submit two capital program plans to the MTA Capital Program Review Board on or before January 31, 2030, and every fifth year thereafter. The bill also clarifies that these capital program plans must cover the five-year period beginning January 1st of the following year. Additionally, the bill establishes a new requirement that these plans must be submitted on or before January 31st of the year prior to the period for which the plans are intended, regardless of any conflicting provisions in existing law. This update aims to standardize and provide more predictability in the MTA's capital planning process, ensuring that comprehensive infrastructure and investment plans are submitted in a consistent and timely manner.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

REFERRED TO TRANSPORTATION (on 02/03/2025)

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