Bill Text: NY S00289 | 2023-2024 | General Assembly | Introduced

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Bill Title: Provides a 10 year period of probable usefulness for broadband and related telecommunications infrastructure.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2023-09-29 - SIGNED CHAP.512 [S00289 Detail]

Download: New_York-2023-S00289-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                           289

                               2023-2024 Regular Sessions

                    IN SENATE

                                       (Prefiled)

                                     January 4, 2023
                                       ___________

        Introduced  by  Sen.  MAY  --  read  twice and ordered printed, and when
          printed to be committed to the Committee on Local Government

        AN ACT to amend the local finance law, in relation to providing a period
          of probable usefulness for 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. Paragraph a of section 11.00 of the local  finance  law  is
     2  amended by adding a new subdivision 109 to read as follows:
     3    109.  For  acquisition,  construction, or replacement of broadband and
     4  related telecommunications infrastructure pursuant  to  section  ninety-
     5  nine-y of the general municipal law, ten years.
     6    § 2. This act shall take effect immediately.






         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD00525-01-3