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NY S08342
NY S08342Extends provisions of law relating to the acquisition and disposition of real property by the metropolitan transportation authority.
summary
Introduced
06/03/2025
06/03/2025
In Committee
06/03/2025
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)
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/S8342 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S08342&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S08342 |
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