Requires any proposed increase in fares by the metropolitan commuter transportation authority shall be submitted to the comptroller for approval before such fare increase takes effect; requires the metropolitan commuter transportation authority to submit a report to the comptroller which includes a justification for such proposed fare increase and the current financial condition of such authority.

Statutes affected:
A5808: 1205 public authorities law, 1205(1) public authorities law, 1207-i public authorities law, 1266 public authorities law, 1266(3) public authorities law