Over $2 billion will be allocated to New York public transit agencies this fiscal year, according to an announcement from the Biden administration.

It was announced Wednesday that $20 billion of the $1.2 trillion infrastructure bill is being given to public transit agencies around the United States.

New York is getting the most of any state as it continues to recover from the money lost during the pandemic.

MTA spokesperson Eugene Resnick released a statement to News 12, saying: "We were very pleased that Congress fully funded FTA programs at the levels authorized in the bipartisan infrastructure law. We are programming these funds for critical projects in our 2020-24 Capital Plan..."

Their plan is set to include signal modernization, accessibility and repair investments among other items.

The Long Island Rail Road is expected to get $277.75 million of the $2 billion.

Long Islanders tell News 12 they think it will be a great help.

"I think that is excellent to be modernizing the trains and doing what is necessary to fix things that have issues," says Huntington resident Michael Feeney.

Gerard Bringmann of the Long Island Rail Road Commuters Council will help, but he doesn't expect any major impacts coming from the recent influx of funding.

"It will make a difference, it will help," Bringmann says. "It's not going to make a major impact. I know that sounds crazy, $277 million not making a major impact, but in something as large as the Long Island Rail Road, you know, everything's very, very expensive."

The $20 billion set to go to public transit agencies is the largest investment in public transit in American history.