Establishes the Long Island transportation account

This bill creates a new Long Island transportation account within the New York City Transportation Assistance Fund to specifically support the Metropolitan Transportation Authority's operations in Nassau and Suffolk counties. The account will be funded by half of the state's share of certain toll revenues and is designated for building, maintaining, and operating local transit systems, as well as improving connections to New York City. A key provision establishes a special review board composed of legislative and executive appointees to unanimously approve how these funds are spent, ensuring strict oversight. Additionally, the bill clarifies that money in this account must only be used for its intended purposes and cannot be diverted to other state funds or used to replace existing federal or local money.