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S05148 Summary:

BILL NOS05148
 
SAME ASSAME AS A03086
 
SPONSORCOMRIE
 
COSPNSR
 
MLTSPNSR
 
Amd §1269-c, Pub Auth L
 
Relates to the submission of a twenty-year capital needs assessment to the metropolitan transportation authority capital program review board; provides that such assessment shall be adopted by not less than a majority of members of the authority in the office, except in the event of a tie.
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S05148 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5148
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                    February 19, 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   the
          submission  of a twenty-year capital needs assessment to the metropol-
          itan transportation authority capital program review board

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  Subdivision c of section 1269-c of the public authorities
     2  law, as added by section 1 of subpart E of part ZZZ of chapter 59 of the
     3  laws of 2019, is amended to read as follows:
     4    c. On or before October first, two thousand twenty-three,  and  on  or
     5  before October first of every fifth year thereafter, the authority shall
     6  submit  to  the  metropolitan  transportation  authority capital program
     7  review board a twenty-year capital needs assessment.    Such  assessment
     8  shall be adopted by not less than a majority vote of the whole number of
     9  members  of  the authority then in office, except that in the event of a
    10  tie vote the chair shall cast one additional vote. Such assessment shall
    11  begin with the period commencing January  first,  two  thousand  twenty-
    12  five,  and  begin  each assessment with every fifth year thereafter, and
    13  describe capital investments over  the  succeeding  twenty  years.  Such
    14  assessment  shall:  (1) set forth broad long-term capital investments to
    15  be made throughout the district, including  at  a  minimum,  identifying
    16  specific  non-binding  cost  estimates by element for the next five-year
    17  period and total estimates by element over the full  twenty-year  period
    18  necessary  to:  (i)  achieve  a  state of good repair; (ii) maintain the
    19  normal replacement of assets; (iii) improve the system; and (iv)  expand
    20  service; and (2) establish a non-binding basis to be used by the author-
    21  ity  in the planning of strategic investments involving capital elements
    22  in its five-year capital plans. Such assessment shall not require a vote
    23  of the metropolitan  transportation  authority  capital  program  review
    24  board and shall be for informational purposes only. For purposes of this
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD06043-01-5

        S. 5148                             2
 
     1  section,  "broad long-term capital investments" shall include but not be
     2  limited to: system rebuilding, enhancement, and expansion needs;  agency
     3  needs  broken  down  by  capital  element  or  investment  category; and
     4  projected  future trends and network implications. Such assessment shall
     5  be certified by the [chairman] chair  of  the  authority  and  shall  be
     6  entered into the permanent record of the minutes of the review board.
     7    § 2. This act shall take effect immediately.
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