Assembly Bill A4357

2025-2026 Legislative Session

Relates to the submission of a twenty-year capital needs assessment

download bill text pdf

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Current Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2025-A4357 (ACTIVE) - Details

See Senate Version of this Bill:
S4367
Current Committee:
Assembly Corporations, Authorities And Commissions
Law Section:
Public Authorities Law
Laws Affected:
Amd §1269-c, Pub Auth L
Versions Introduced in Other Legislative Sessions:
2019-2020: S1870
2021-2022: S5849
2023-2024: A9483, S3020

2025-A4357 (ACTIVE) - Summary

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

2025-A4357 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4357
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 4, 2025
                                ___________
 
 Introduced  by M. of A. HYNDMAN -- read once and referred to the Commit-
   tee on Corporations, Authorities and Commissions
 
 AN ACT  to  amend  the  public  authorities  law,  in  relation  to  the
   submission of a twenty-year capital needs assessment
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 1269-c of the public authorities law is amended  by
 adding a new subdivision d to read as follows:
   D.  ON  OR  BEFORE  OCTOBER FIRST, TWO THOUSAND TWENTY-NINE, AND ON OR
 BEFORE OCTOBER FIRST OF EVERY FIFTH YEAR THEREAFTER, THE AUTHORITY SHALL
 SUBMIT TO THE  METROPOLITAN  TRANSPORTATION  AUTHORITY  CAPITAL  PROGRAM
 REVIEW  BOARD  A  TWENTY-YEAR CAPITAL NEEDS ASSESSMENT.  SUCH ASSESSMENT
 SHALL BEGIN WITH THE PERIOD COMMENCING JANUARY FIRST, TWO THOUSAND THIR-
 TY-ONE, AND BEGIN EACH ASSESSMENT WITH EVERY FIFTH YEAR THEREAFTER,  AND
 DESCRIBE  CAPITAL  INVESTMENTS  OVER  THE  SUCCEEDING TWENTY YEARS. SUCH
 ASSESSMENT SHALL: (1) SET FORTH BROAD LONG-TERM CAPITAL  INVESTMENTS  TO
 BE  MADE  THROUGHOUT THE DISTRICT; AND (2) ESTABLISH A NON-BINDING BASIS
 TO BE USED BY THE AUTHORITY IN THE  PLANNING  OF  STRATEGIC  INVESTMENTS
 INVOLVING CAPITAL ELEMENTS IN ITS FIVE-YEAR CAPITAL PLANS.  SUCH ASSESS-
 MENT SHALL NOT REQUIRE A VOTE OF THE METROPOLITAN TRANSPORTATION AUTHOR-
 ITY CAPITAL PROGRAM REVIEW BOARD AND SHALL BE FOR INFORMATIONAL PURPOSES
 ONLY.  FOR  PURPOSES  OF  THIS SECTION, "BROAD LONG-TERM CAPITAL INVEST-
 MENTS" SHALL INCLUDE BUT NOT BE LIMITED TO: SYSTEM REBUILDING,  ENHANCE-
 MENT,  AND  EXPANSION NEEDS; AGENCY NEEDS BROKEN DOWN BY CAPITAL ELEMENT
 OR INVESTMENT CATEGORY; AND PROJECTED FUTURE TRENDS AND  NETWORK  IMPLI-
 CATIONS. SUCH ASSESSMENT SHALL BE CERTIFIED BY THE CHAIR OF THE AUTHORI-
 TY  AND SHALL BE ENTERED INTO THE PERMANENT RECORD OF THE MINUTES OF THE
 REVIEW BOARD.
   § 2. This act shall take effect immediately.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05667-01-5

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