New York A 10212: Extends the period of probable usefulness of broadband and related telecommunications infrastructure

Bill Text

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A10212 Summary:

BILL NOA10212 

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SAME ASSAME AS S09340

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SPONSORKelles

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COSPNSR

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MLTSPNSR

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Amd §11.00, Loc Fin L

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

Go to top A10212 Actions:

BILL NOA10212 

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02/12/2026referred to local governments

Go to topA10212 Committee&nbspVotes:

Go to topA10212 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA10212 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 10212

 IN ASSEMBLY

 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:

 1 Section 1. Short title. This act shall be known and may be cited as
 2 the "municipal broadband financing modernization improvement act of
 3 2026".
 4 § 2. Subdivision 109 of paragraph a of section 11.00 of the local
 5 finance law, as added by chapter 512 of the laws of 2023, is amended to
 6 read as follows:
 7 109. For acquisition, construction, or replacement of broadband and
 8 related telecommunications infrastructure pursuant to section ninety-
 9 nine-y of the general municipal law, [ten] thirty years.
 10 § 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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