NY A10041

Requires all public authorities to immediately suspend issuing concessions, selling, leasing, or transferring control of critical transportation infrastructure until completing a privatization impact study.

Each public authority must submit a detailed report by December 1, 2018 evaluating the impact of privatization on debt obligations, comparable privatization projects in the United States, and progress or failures of similar initiatives.

Reports must be submitted to specified assembly and senate committees, which have 90 days to request additional study issues; public authorities must respond within 60 days.

Prohibits any privatization action by public authorities until the complete report, including responses to requests from the governor, legislative leaders, and committee chairs, has been submitted to all designated recipients.

Takes effect 90 days after becoming law.