STATE OF NEW YORK
________________________________________________________________________
9340
IN SENATE
March 3, 2026
___________
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 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