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Assembly Bill A10212

2025-2026 Legislative Session

Extends the period of probable usefulness of broadband and related telecommunications infrastructure

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Current Bill Status - In Assembly Committee

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2025-A10212 (ACTIVE) - Details

See Senate Version of this Bill:
S9340
Current Committee:
Assembly Local Governments
Law Section:
Local Finance Law
Laws Affected:
Amd §11.00, Loc Fin L

2025-A10212 (ACTIVE) - Summary

Extends the period of probable usefulness of broadband and related telecommunications infrastructure to thirty years.

2025-A10212 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10212
 
                           I N  A S S E M B L Y
 
                             February 12, 2026
                                ___________
 
 Introduced by M. of A. KELLES -- read once and referred to the Committee
   on Local Governments
 
 AN  ACT  to  amend  the  local finance law, in relation to the period of
   probable  usefulness  of  broadband  and  related   telecommunications
   infrastructure
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Short title. This act shall be known and may  be  cited  as
 the  "municipal  broadband  financing  modernization  improvement act of
 2026".
   § 2. Subdivision 109 of paragraph a of  section  11.00  of  the  local
 finance  law, as added by chapter 512 of the laws of 2023, is amended to
 read as follows:
   109. For acquisition, construction, or replacement  of  broadband  and
 related  telecommunications  infrastructure  pursuant to section ninety-
 nine-y of the general municipal law, [ten] THIRTY years.
   § 3. This act shall take effect immediately.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD14614-01-6

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