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S03684 Summary:

BILL NOS03684
 
SAME ASSAME AS A05963
 
SPONSORCOMRIE
 
COSPNSR
 
MLTSPNSR
 
Amd §1269-b, Pub Auth L
 
Requires the metropolitan transportation authority to create ten-year capital program plans.
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S03684 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          3684
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                    January 29, 2025
                                       ___________
 
        Introduced  by  Sen.  COMRIE -- read twice and ordered printed, and when
          printed to be committed to the Committee on Transportation
 
        AN ACT to amend the public authorities law, in relation to requiring the
          metropolitan  transportation  authority  to  create  ten-year  capital
          program plans

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Paragraphs (b) and (c) of subdivision 1 of  section  1269-b
     2  of  the  public  authorities law, as added by chapter 637 of the laws of
     3  1996, are amended and two new paragraphs (d) and (e) are added  to  read
     4  as follows:
     5    (b)  [not]  Not  later  than ten days after the effective date of this
     6  paragraph the authority shall submit to the metropolitan  transportation
     7  authority capital program review board two capital program plans for the
     8  five-year period commencing January first, nineteen hundred ninety-five;
     9  [and]
    10    (c)  [on] On or before October first, nineteen hundred ninety-nine and
    11  every fifth year thereafter through and  including  October  first,  two
    12  thousand  sixteen, the authority shall submit to the metropolitan trans-
    13  portation authority capital program review  board  two  capital  program
    14  plans for the five-year period commencing January first of the following
    15  year[.];
    16    (d) On or before October first, two thousand twenty-five, the authori-
    17  ty  shall  submit  to  the  metropolitan  transportation capital program
    18  review board two capital program plans for the ten-year period  commenc-
    19  ing January first of the following year; and
    20    (e)  On  or before January thirty-first, two thousand thirty-five, and
    21  every tenth year thereafter, the authority shall submit to the metropol-
    22  itan transportation capital program review  board  two  capital  program
    23  plans  for the ten-year period commencing January first of the following
    24  year.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05063-01-5

        S. 3684                             2
 
     1    § 2. Paragraph (a) of subdivision 7 of section 1269-b  of  the  public
     2  authorities  law,  as  amended  by  chapter  929 of the laws of 1986, is
     3  amended to read as follows:
     4    (a)  The  authority  may  from time to time submit to the metropolitan
     5  transportation authority capital  program  review  board  amendments  or
     6  modifications  to  any  [five-year] ten-year plan theretofore submitted,
     7  and shall submit such an amendment or modification (i) if the  estimated
     8  cost  of  any  capital  element  for which a specified dollar amount was
     9  proposed to be expended exceeds the amount set  forth  in  the  approved
    10  plan  for such element by more than ten percent, (ii) if with respect to
    11  a particularly described capital element for which only an  estimate  of
    12  projected  cost has been provided in the plan there is a material change
    13  in the description of such element from that contained in  the  approved
    14  plan, (iii) if a capital element not previously included in the approved
    15  plan  is  proposed to be undertaken and its cost, together with the cost
    16  of other elements included in category (l) of the plan, exceeds  by  ten
    17  percent  the amount provided for such category (l) elements, (iv) if the
    18  authority shall propose to change by more than one year  the  time  when
    19  any  capital  element  is proposed to be initiated or the effect of such
    20  change will be to increase  the  estimated  amount  of  capital  funding
    21  required in any year covered by the plan by more than twenty percent, or
    22  (v)  if  the  availability  of  funding sources changes to the degree to
    23  which the authority or the Triborough bridge and  tunnel  authority  are
    24  precluded  from exercising the authorization provided in subdivision six
    25  of this section and the authority wishes to do so.
    26    § 3. This act shall take effect immediately.
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