A07587 Summary:

BILL NO    A07587 

SAME AS    No same as 

SPONSOR    Cook (MS)

COSPNSR    Otis

MLTSPNSR   Gottfried

Amd S1269-d, Pub Auth L; amd S17-a, Transp L

Changes the time for submission of the operating and capital budget of the
metropolitan transportation authority from July to September and allows the MTA
to submit the operating and capital budget as part of its strategic business
plan.
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A07587 Actions:

BILL NO    A07587 

05/19/2015 referred to corporations, authorities and commissions
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A07587 Votes:

There are no votes for this bill in this legislative session.
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A07587 Text:

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________

                                         7587

                              2015-2016 Regular Sessions

                                 I N  A S S E M B L Y

                                     May 19, 2015
                                      ___________

       Introduced  by  M.  of  A.  COOK, OTIS -- Multi-Sponsored by -- M. of A.
         GOTTFRIED -- read once and referred to the Committee on  Corporations,
         Authorities and Commissions

       AN  ACT  to amend the public authorities law and the transportation law,
         in relation to metropolitan  transportation  authority  operating  and
         capital budget submission requirements

         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:

    1    Section 1. The opening paragraph of subdivision 1 of section 1269-d of
    2  the public authorities law, as amended by chapter 929  of  the  laws  of
    3  1986, is amended to read as follows:
    4    On  or before July first, nineteen hundred eighty-seven, the authority
    5  shall submit to the governor a strategic operation  plan  for  the  five
    6  year  period  commencing January first of the following year. One compo-
    7  nent of the plan shall be for the bus and subway  services  of  the  New
    8  York  city  transit  authority  and  its subsidiaries and for the Staten
    9  Island rapid transit operating authority; the other component  shall  be
   10  for  the  commuter  railroad  services,  not including the Staten Island
   11  rapid transit operating authority, under the jurisdiction of the author-
   12  ity. The plan may be amended as required but shall be updated  at  least
   13  annually.  BEGINNING  WITH  THE  PLAN  FOR THE PERIOD COMMENCING JANUARY
   14  FIRST, TWO THOUSAND SEVENTEEN, EACH ANNUAL UPDATE SHALL BE SUBMITTED  TO
   15  THE  GOVERNOR ON OR BEFORE THE SEPTEMBER FIRST PRIOR TO THE BEGINNING OF
   16  THE PLAN PERIOD. EACH ANNUAL UPDATE MAY  ALSO  INCLUDE  THE  INFORMATION
   17  REQUIRED  UNDER SECTION SEVENTEEN-A OF THE TRANSPORTATION LAW AND MAY BE
   18  SUBMITTED IN SATISFACTION OF THE REQUIREMENTS OF SUCH SECTION. The  plan
   19  shall include, but need not be limited to, the following:
   20    S 2. Subdivision 1 of section 17-a of the transportation law, as added
   21  by chapter 57 of the laws of 1975, is amended to read as follows:
   22    1.   Each regional transportation authority shall submit to the gover-
   23  nor, the commissioner, the chairman and ranking minority member  of  the

        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD06995-01-5
       A. 7587                             2

    1  senate  finance  committee, and the chairman and ranking minority member
    2  of the assembly ways and means committee annually, not  later  than  the
    3  first  day of October in a manner to be prescribed by the state director
    4  of  the  budget,  information  on  operations  and capital construction,
    5  setting forth the estimated  receipts  and  expenditures  for  its  next
    6  fiscal  year  and its current fiscal year.  THE METROPOLITAN TRANSPORTA-
    7  TION AUTHORITY AND ITS AFFILIATES MAY SUBMIT THIS INFORMATION AS PART OF
    8  ITS STRATEGIC OPERATION PLAN AS REQUIRED UNDER  SECTION  TWELVE  HUNDRED
    9  SIXTY-NINE-D OF THE PUBLIC AUTHORITIES LAW.
   10    S 3. This act shall take effect immediately.
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