Relates to the submission of a twenty-year capital needs assessment

This bill requires the Metropolitan Transportation Authority (MTA) to submit a 20-year capital needs assessment to the Capital Program Review Board every five years, starting October 1, 2029. The assessment must detail long-term infrastructure investments like system rebuilding, expansion, and agency-specific capital needs over the next two decades. It specifies the document should include projected trends and network implications but is non-binding, serving only as informational guidance for the MTA’s planning. The MTA chair must certify the assessment, which will be entered into the Review Board’s permanent records.