Vote: Committee vote · Commerce, Economic Development And Small Business
Senate Commerce, Economic Development And Small BusinessApr 29, 2026Result: passed
Sponsor · State Senator, District 32 · Democratic
Senate bill · S5060 (2025-26)
Establishes a public transportation expansion fund for the purpose of ensuring access to public transportation for publicly funded economic development projects.
Not chosen yet
Out of committee and scheduled for a vote by the full chamber.
New York State Senate
Same as A3908, the matching bill in the Assembly.
Amends the Economic Development Law.
Commerce, Economic Development And Small Business · New York State Senate
To create a Public transportation expansion fund to reimburse transit authorities established pursuant to section eighty-eight-a of the state finance law for expenses of expanding transit to publicly funded econom- ic development projects outside their currently offered service area.
Filed with the bill. Read it on nysenate.gov (opens in a new tab)
Senate Commerce, Economic Development And Small BusinessApr 29, 2026Result: passed
The sponsor's argument
Major publicly funded economic development projects across the State need public transit to connect to workforce development in these regions. The location of the new facilities publicly funded through incentives from Empire State Development, IDAs, or other Federal, State, and local subsidies are often outside the existing public transportation service areas of Transportation Authorities. However, these new facilities need access to workforce in the region which often requires expansion of public transit service. The addition and continued operation of these new routes can cost millions of dollars annually to the Transportation Authority. The Public Transportation Expansion Fund would help these Authorities cover both the initial cost of the service as well as the ongoing cost to maintain it. Given how much economic development activity is underway and planned for the future, it is important the State contemplates how it will connect transit dependent individuals with these unprecedented economic opportunities. Perhaps most importantly, the Public Transit Equity Fund would promote workforce development and social equity throughout the State by ensuring that disadvantaged populations have equal access to employment at these new and growing employers.
This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.
Reported out of committee
REPORTED AND COMMITTED TO FINANCE
NY Senate
Referred to committee
REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS
NY Senate
Referred to committee
REFERRED TO ECONOMIC DEVELOPMENT
NY Assembly
Referred to committee
REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS
NY Senate
Referred to committee
REFERRED TO ECONOMIC DEVELOPMENT
NY Assembly
The summary comes from NY Open Legislation, the New York State Senate's public record. For more, see How we handle summaries.
The list shows the cosponsors who are on Agora, A to Z. The official record may list more.
Parties are shown in the same neutral colors.
From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Nov 2, 2026. About our data