New York S02259 amends the highway law to index certain appropriations based on the national highway construction cost index starting January 1, 2027.

New York S02259 amends the highway law to require the commissioner to index the level of certain appropriations for subsequent state fiscal years based on the national highway construction cost index for the most recent twelve month period, starting January 1, 2027. The commissioner must increase appropriations by the rate of inflation for the most recent twelve month period that is available at the time the adjusted rate is calculated and announced using the national highway construction cost index, or a successor index as calculated by the United States federal highway administration, if.

New York S02259 amends the highway law to index certain appropriations based on the national highway construction cost index starting January 1, 2027.

New York S02259 amends the highway law to require the commissioner to index the level of certain appropriations for subsequent state fiscal years based on the national highway construction cost index for the most recent twelve month period, starting January 1, 2027. The commissioner must increase appropriations by the rate of inflation for the most recent twelve month period that is available at the time the adjusted rate is calculated and announced using the national highway construction cost index, or a successor index as calculated by the United States federal highway administration, if.