Relates to the administration of certain funds and accounts related to the 2026-2027 budget, authorizing certain payments and transfers
This bill directs the state comptroller to provide loans to specific transportation accounts, including those for transit authorities, railroads, and public transportation systems. It also authorizes a transfer of up to $48.85 million from the general fund to the MTA financial assistance fund and mobility tax trust account by March 31, 2027. The legislation takes effect immediately but will automatically be repealed once the official 2026-2027 budget is enacted.
Bill status
signed
all 5 stages cleared
Introduction
May 2026
Committee Review
May 2026
Senate Passage
May 2026
Assembly Passage
May 2026
Signed into Law
May 2026
Introduced May 4, 2026
Signed May 4, 2026
Floor votes · Senate May 4, 2026 · Assembly May 4, 2026
How they voted
59–1
Passed · 3 other
Total votes 63
May 4, 2026
D
Democratic41
92% Yea
R
Republican22
95% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
12
Key actions
3
Committee
2
May 4, 2026
Signed into law
SIGNED CHAP.110
upper
May 4, 2026
Lower · Passed
PASSED ASSEMBLY
lower
May 4, 2026
Committee
REFERRED TO WAYS AND MEANS
lower
May 4, 2026
Upper · Passed
PASSED SENATE
upper
May 4, 2026
Committee
REFERRED TO RULES
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jose Serrano
DDemocratic/Working Families
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