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NY S09418
Bill
Status
Engrossed
6/2/2022
Primary Sponsor
James Gaughran
Click for details
AI Summary
- Amends the Local Finance Law to establish a 30-year period of probable usefulness for lead service line replacement programs as a capital asset
- Applies to programs established by municipalities, school districts, or district corporations that inventory, design, and replace publicly and privately owned lead service lines within established water systems
- Defines "lead service line" as a service line made wholly or partly of lead connecting a water main to a building inlet, including lead goosenecks, pigtails, or connectors
- Classifies galvanized iron or steel service lines as lead service lines if they are or were downstream of any lead service line or service line of unknown material
- Takes effect immediately upon enactment
Legislative Description
Provides a thirty year period of probable usefulness for lead service line replacement programs as a capital asset.
Last Action
referred to local governments
6/2/2022
Committee Referrals
Local Governments6/2/2022
Rules5/31/2022
Local Government5/25/2022
Full Bill Text
No bill text available