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NY S04367
NY S04367Requires the submission of a twenty-year capital needs assessment to the metropolitan transportation authority capital program review board.
summary
Introduced
02/04/2025
02/04/2025
In Committee
01/07/2026
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)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/S4367 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S04367&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S04367 |
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