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NY S04367

NY S04367
Requires the submission of a twenty-year capital needs assessment to the metropolitan transportation authority capital program review board.


summary

Introduced
02/04/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the public authorities law, in relation to the submission of a twenty-year capital needs assessment

AI Summary

This bill requires the Metropolitan Transportation Authority (MTA) to submit a comprehensive twenty-year capital needs assessment to the MTA Capital Program Review Board every five years, starting on October 1, 2029. The assessment will cover a twenty-year period beginning January 1, 2031, and subsequent assessments will follow the same five-year cycle. The document must outline broad, long-term capital investments across the district, including system rebuilding, enhancement, and expansion needs, as well as agency-specific capital requirements and projected future trends. The assessment will serve as an informational tool for strategic investment planning and will not require a formal vote from the review board. The chair of the MTA must certify the assessment, which will then be entered into the permanent record of the review board's minutes. This legislation aims to provide a structured, forward-looking approach to understanding and planning the MTA's long-term infrastructure and capital investment needs.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

REFERRED TO TRANSPORTATION (on 01/07/2026)

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