New York · 2025-2026 session · house
A 10004CAPITAL PROJECTS BUDGET
- Status
- Vetoed
- Latest action
- — TABLED LINE VETO MEMO.5
- Primary sponsor
- Budget Committee
Latest change summary
+18063 / −16125 words · LargeConfidence: medium
This version of New York's Capital Projects Budget represents a substantial restructuring that removes thirteen unspecified sections while adding approximately $10.5 billion in new capital appropriations. The bill adds major healthcare investments including $2.567 billion for life sciences facilities and health care transformation (with a $1 billion new program for healthcare safety-net transformation and earmarks for rare disease research and SUNY Brooklyn facilities), $1.3 billion for the Empire Penn Expansion with explicit restrictions against above-grade development at Empire Station Complex, and $1.9 billion in reappropriations for economic development including MTA's 2025-2029 capital program. The budget also establishes new programs totaling $150 million for public facilities sustainability and emissions reduction projects, increases mass transit capital aid from $263,000 to $18.5 million, and adds $4.9 million for state parks infrastructure and $100 million for disaster preparedness. A new payment formula guarantees municipalities minimum distributions of 13.421% of highway funding levels, capped at $58.8 million total. The bill removes dozens of previously eligible properties from Environmental Protection Fund open space funding and eliminates several earmarked grant programs including $3.2 million for urban forestry.