Bill > A05808

This bill requires the Metropolitan Commuter Transportation Authority (MTA) to obtain approval from the State Comptroller before implementing any fare increases. Specifically, the MTA must submit a written report to the Comptroller prior to raising fares, which must include a detailed justification for the proposed increase and a comprehensive overview of the authority's current financial condition. The Comptroller may request additional information and must approve the fare increase through a resolution before it can take effect. The bill amends existing public authorities law to ensure that fare increases are thoroughly examined and justified, adding a layer of financial oversight to the MTA's pricing decisions. The new requirement does not eliminate existing public hearing requirements and will apply to any fare increases implemented 90 days after the bill becomes law. This legislation aims to provide greater transparency and accountability in the MTA's fare-setting process, giving the State Comptroller the power to review and potentially prevent fare increases that are not well-justified or financially prudent.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/A5808