NY S09166

Creates a "Long Island Rail Road commuter relief fund" in the joint custody of the state comptroller and division of the budget with a minimum of $60 million transferred from the general fund using extraordinary monetary settlement payments.

Requires the Metropolitan Transportation Authority to use fund monies solely to maintain Long Island Rail Road fares at 2018 levels and ensure the operating budget accounts for revenue losses from not increasing fares.

Makes the authority eligible for full fare replacement funds only if the Long Island Rail Road achieves an average monthly systemwide on-time performance of 94 percent or more and increases customer satisfaction scores by at least 5 percent annually.

Defines on-time performance as trains arriving at their final destination within 5 minutes and 59 seconds of scheduled arrival time.

Expires and is repealed on April 1, 2021, or upon the date a systemwide transit and commuter railroad fare increase is scheduled to take effect during 2021, whichever is later.