Bill Text: NY S08099 | 2023-2024 | General Assembly | Introduced

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Bill Title: 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.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2024-01-08 - REFERRED TO TRANSPORTATION [S08099 Detail]

Download: New_York-2023-S08099-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          8099

                    IN SENATE

                                     January 8, 2024
                                       ___________

        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 chairman shall cast one additional  vote.  Such  assessment
    11  shall begin with the period commencing January first, two thousand twen-
    12  ty-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
    25  section, "broad long-term capital investments" shall include but not  be
    26  limited  to: system rebuilding, enhancement, and expansion needs; agency
    27  needs broken  down  by  capital  element  or  investment  category;  and

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13759-02-4
        S. 8099                             2

     1  projected  future trends and network implications. Such assessment shall
     2  be certified by the chairman of the authority and shall be entered  into
     3  the permanent record of the minutes of the review board.
     4    § 2. This act shall take effect immediately.