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A03086 Summary:

BILL NOA03086
 
SAME ASSAME AS S05148
 
SPONSORCarroll R
 
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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A03086 Actions:

BILL NOA03086
 
01/23/2025referred to corporations, authorities and commissions
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A03086 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A3086
 
SPONSOR: Carroll R
  TITLE OF BILL: An act to amend the public authorities law, in relation to the submission of a twenty-year capital needs assessment to the metropolitan transportation authority capital program review board   PURPOSE OR GENERAL IDEA OF BILL: This bill is intended to create greater transparency for the MTA in the capital program process   SUMMARY OF PROVISIONS: Subdivision c of section 1269-c of the public authorities law, as added by section 1 of subpart E of part ZZZ of chapter 59 of the laws of 2019 is amended to confirm the. MTA capital program by MTA board majority vote in addition to including specific cost estimates to achieve a state of good repair on MTA systems in order to make improvements and enhance service   JUSTIFICATION: The MTA's 20-year needs assessment is the first step in putting together the MTA's five-year capital program. The assessment informs the invest- ments that must be made to keep the subway, bus, and commuter rail systems in a state of good repair, improve and expand the system, and ensure the sustainability and resiliency of the network. Without cost estimates to show exactly how much must be invested in each element of the system - subway cars, buses, tracks, and signals for example - it is impossible to know if the proposed and final five-year capital programs are making the right investments based on the resources and funding that is currently available. Additionally, the MTA Board members have a fiduciary duty to the author- ity, and a logical extension of this duty is the requirement to approve the MTA's needs assessments, particularly given the requirement in Public Authorities Law for the MTA Board to have a capital program over- sight committee. Lastly, inclusion of cost estimates allows the state legislature and Capital Program Review Board to better determine if the right investments are being made. As stated by the Citizen's Budget Commission in 2023, "despite the substantial report and detailed appendices, New Yorkers still do not know if it will cost $20 billion, $70 billion, or some other amount over the next five years to start to bring the system to a state of good repair so that deterioration does not cause major service problems and siphon operating funds for increased maintenance." This bill will statu- torily require MTA to maintain transparency in that process.   PRIOR LEGISLATIVE HISTORY: A.8857/S.8099 of 2023-24   FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS: None   EFFECTIVE DATE: This act shall take effect immediately.
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A03086 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          3086
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                    January 23, 2025
                                       ___________
 
        Introduced  by  M.  of  A.  R. CARROLL  -- read once and referred to the
          Committee on Corporations, Authorities and Commissions
 
        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

        A. 3086                             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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