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NY A10212
Bill
Status
Introduced
2/12/2026
Primary Sponsor
Anna Kelles
Click for details
AI Summary
- Extends the period of probable usefulness for municipal broadband and telecommunications infrastructure from ten years to thirty years under the local finance law
- Allows municipalities to issue longer-term bonds for broadband projects, reducing annual debt service payments
- Applies to acquisition, construction, or replacement of broadband infrastructure authorized under section 99-y of the general municipal law
- Officially titled the "Municipal Broadband Financing Modernization Improvement Act of 2026"
Legislative Description
Extends the period of probable usefulness of broadband and related telecommunications infrastructure to thirty years.
Last Action
referred to local governments
2/12/2026
Committee Referrals
Local Governments2/12/2026
Full Bill Text
No bill text available