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NY S08342

NY S08342
Extends provisions of law relating to the acquisition and disposition of real property by the metropolitan transportation authority.


summary

Introduced
06/03/2025
In Committee
06/03/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend part P of chapter 39 of the laws of 2019, amending the public authorities law relating to the acquisition and disposition of real property, in relation to extending the effectiveness thereof

AI Summary

This bill extends the effectiveness of a previous law related to the Metropolitan Transportation Authority's (MTA) ability to acquire and dispose of real property. Specifically, the bill amends a 2019 law by changing the sunset (expiration) date from "six years after the effective date" to June 24, 2028. This means the MTA will continue to have the current legal authority to acquire and sell real property for an additional period. The bill ensures that any condemnation proceedings (legal actions to acquire private property for public use) that are already in progress when the law would have originally expired will not be interrupted or invalidated by the repeal. The bill takes effect immediately, providing a clear and extended timeline for the MTA's real estate transaction capabilities.

Sponsors (1)

Last Action

Companion passed 2025-06-18 (on 06/18/2025)

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