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.
Summary
Bill S05148 amends the public authorities law to require the Metropolitan Transportation Authority (MTA) to submit a twenty-year capital needs assessment to the capital program review board. This assessment must be submitted every five years, starting from October 1, 2023, and will outline long-term capital investments necessary for maintaining, improving, and expanding the transportation system. The assessment will include non-binding cost estimates and will not require a vote from the review board, serving primarily for informational purposes.
Impact
The bill impacts the MTA by formalizing the process for assessing and reporting on its long-term capital needs, which may influence future funding and investment decisions. It establishes a structured timeline for the MTA to evaluate and communicate its capital requirements, potentially leading to better planning and resource allocation for transportation infrastructure in New York.
Sentiment
The sentiment around Bill S05148 appears to be neutral, as there are no recorded votes or significant opposition noted in the committee discussions. The bill is seen as a procedural update that aims to enhance transparency and long-term planning for the MTA.
Contention
There are no notable points of contention surrounding this bill, as it seems to be a straightforward amendment aimed at improving the MTA's capital planning process. However, stakeholders may have differing views on the adequacy of the proposed assessments and their implications for funding priorities.
Same As
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.
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.
Provides that in judicial proceedings to review real property assessments in cities of one million or more inhabitants, the assessing method, capitalization rate, and other data or formula used to determine valuation must be disclosed to the petitioner.
Provides for the inspection of assessment lists, challenges to the correctness of assessments, and reviews by boards of review and the La Tax Commission (EG NO IMPACT See Note)
Provides that it shall be a defense to any prosecution for a violation of a bus lane restriction pursuant to a bus rapid transit program when an employee of the metropolitan transportation authority is performing authorized duties on behalf of such authority and is operating an authorized employer motor vehicle in the bus lane at the time of the violation and conducting lawful business or providing service to an official metropolitan transportation authority vehicle or personnel while in a bus lane.
Provides a non-revenue E-ZPass to every sworn officer of the metropolitan transportation police department; provides for the disposal of such E-ZPass after a police officer leaves the metropolitan transportation authority.
Provides a non-revenue E-ZPass to every sworn officer of the metropolitan transportation police department; provides for the disposal of such E-ZPass after a police officer leaves the metropolitan transportation authority.