2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 11 - Metropolitan Commuter Transportation Authority › 1269-C - Metropolitan Transportation Authority Capital Program Review Board; Additional Powers and Duties.

§ 1269-c. Metropolitan transportation authority capital program review
  board;  additional powers and duties. a. The metropolitan transportation
  authority  capital  program  review  board,  consisting  of  voting  and
  non-voting  members  shall  (1)  monitor  the  progress  of  the capital
  elements described in each plan approved as provided in  section  twelve
  hundred  sixty-nine-b  of  this  title;  (2)  monitor  the  expenditures
  incurred and to be incurred for each such element; (3) identify  capital
  elements  not  progressing  on  schedule;  (4)  ascertain responsibility
  therefor; and (5) recommend those actions  required  or  appropriate  to
  accelerate  their  implementation.  The authority shall consult with the
  board upon its request and provide it with access to the records of  the
  authority relating to such capital elements.
b.  The  authority  shall submit to the review board within sixty days
  after the end of each calendar year (1) the actual commitments  for  the
  capital  plan  for  the  previous  calendar  year  compared  to  planned
  commitments by capital element; (2) expenditures by funding  source  for
  each capital element in the previous calendar year; and (3) the proposed
  funding  of  capital elements in a plan for the current calendar year by
  funding source. Such submission shall be certified by  the  chairman  of
  the  authority  and  shall  be  entered into the permanent record of the
  minutes of the review board.
c. On or before October first, two thousand twenty-three,  and  on  or
  before October first of every fifth year thereafter, the authority shall
  submit  to  the  metropolitan  transportation  authority capital program
  review board a twenty-year capital  needs  assessment.  Such  assessment
  shall  begin  with  the  period  commencing  January first, two thousand
  twenty-five, and begin each assessment with every fifth year thereafter,
  and describe capital investments over the succeeding twenty years.  Such
  assessment  shall:  (1) set forth broad long-term capital investments to
  be made throughout the district; and (2) establish a  non-binding  basis
  to  be  used  by  the authority in the planning of strategic investments
  involving  capital  elements  in  its  five-year  capital  plans.   Such
  assessment  shall  not require a vote of the metropolitan transportation
  authority capital program review board and shall  be  for  informational
  purposes  only.  For  purposes of this section, "broad long-term capital
  investments" shall include but not be  limited  to:  system  rebuilding,
  enhancement,  and  expansion  needs; agency needs broken down by capital
  element or investment category; and projected future trends and  network
  implications.  Such assessment shall be certified by the chairman of the
  authority and shall be entered into the permanent record of the  minutes
  of the review board.