STATE OF NEW YORK
________________________________________________________________________
4651--B
2019-2020 Regular Sessions
IN ASSEMBLY
February 4, 2019
___________
Introduced by M. of A. PAULIN, BUCHWALD, CARROLL, GALEF, ROZIC,
SEAWRIGHT, ABINANTI, DICKENS, DINOWITZ, D'URSO, ENGLEBRIGHT, GOTT-
FRIED, JAFFEE, JOYNER, MAGNARELLI, M. G. MILLER, D. ROSENTHAL, SAYEGH,
SIMON, TAYLOR, THIELE, ZEBROWSKI, LAWRENCE, PALMESANO, BRABENEC,
B. MILLER, RA, RAIA, OTIS -- read once and referred to the Committee
on Corporations, Authorities and Commissions -- committee discharged,
bill amended, ordered reprinted as amended and recommitted to said
committee -- reported and referred to the Committee on Ways and Means
-- committee discharged, bill amended, ordered reprinted as amended
and recommitted to said committee
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:
1 Section 1. Section 1269-c of the public authorities law is amended by
2 adding a new subdivision c to read as follows:
3 c. On or before October first, two thousand twenty-three, and on or
4 before October first of every fifth year thereafter, the authority shall
5 submit to the metropolitan transportation authority capital program
6 review board a twenty-year capital needs assessment. Such assessment
7 shall begin with the period commencing January first, two thousand twen-
8 ty-five, and begin each assessment with every fifth year thereafter, and
9 describe capital investments over the succeeding twenty years. Such
10 assessment shall: (1) set forth broad long-term capital investments to
11 be made throughout the district; and (2) establish a non-binding basis
12 to be used by the authority in the planning of strategic investments
13 involving capital elements in its five-year capital plans. Such assess-
14 ment shall not require a vote of the metropolitan transportation author-
15 ity capital program review board and shall be for informational purposes
16 only. For purposes of this section, "broad long-term capital invest-
17 ments" shall include but not be limited to: system rebuilding, enhance-
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD06014-05-9
A. 4651--B 2
1 ment, and expansion needs; agency needs broken down by capital element
2 or investment category; and projected future trends and network impli-
3 cations. Such assessment shall be certified by the chairman of the
4 authority and shall be entered into the permanent record of the minutes
5 of the review board.
6 § 2. This act shall take effect immediately.
