New York 2025-2026 Regular Session

New York Assembly Bill A07229

Introduced
3/21/25  
Refer
3/21/25  

Caption

Establishes a revolving fund for the establishment of municipal internet service providers; appropriates $250 million therefor.

Summary

Bill A07229 aims to establish a revolving loan fund to support municipalities in creating their own internet service providers (ISPs). The fund, known as the 'municipal internet service provider revolving loan fund', will be managed by the state comptroller and the public service commission. It will consist of appropriated funds and other sources, providing financial assistance to towns, villages, cities, and counties for the costs associated with establishing municipal broadband services. The bill appropriates $250 million for the initial capital of this fund, which will be used to make loans to eligible municipalities.

Impact

The bill will significantly impact state laws by creating a new financial mechanism to support local governments in providing broadband services. This could lead to increased access to high-speed internet in underserved areas, potentially improving economic development and connectivity for residents. The establishment of this fund may also influence existing regulations regarding internet service provision and competition among private ISPs.

Sentiment

The sentiment surrounding Bill A07229 appears to be generally supportive, as it addresses the growing need for reliable internet access in municipalities. However, there may be concerns regarding the equitable distribution of funds and the effectiveness of municipal ISPs compared to private providers. The lack of recorded votes or committee discussions suggests that the bill is still in the early stages of consideration.

Contention

Notable points of contention may arise regarding the allocation of funds and the criteria for loan approval. Some stakeholders may argue that the bill does not adequately address the needs of all geographic areas, while others may question the sustainability of municipal ISPs compared to existing private options. Additionally, there may be concerns about the administrative costs associated with managing the fund and ensuring that loans are distributed equitably among applicants.

Companion Bills

No companion bills found.

Previously Filed As

NY S02524

Requires that state contracts only be with internet service providers compliant with net neutrality; establishes a revolving fund for the establishment of municipal internet service providers; appropriates $250 million therefor.

NY A2094

Authorizes establishment of municipal homelessness trust funds and adoption of homeless housing plans by municipalities.

NY S3177

Authorizes establishment of municipal homelessness trust funds and adoption of homeless housing plans by municipalities.

NY SF1700

Low-interest student loan program (HELP) establishment and appropriation

NY SB248

Tourism; Oklahoma Tourism and Recreation Department Revolving Fund; properties; funds appropriated; creating the Real Property Proceeds Revolving Fund; funds appropriated; interest. Effective date.

NY A4950

Establishes State grant program fund to incentivize municipalities to create senior snow removal programs; appropriates $2 million.

NY SB274

Establishing a 4-year pilot program to improve rail trails in New Hampshire, including the establishment of 2 funds, the rail trails program fund and the emergency trail repair fund, and making appropriations therefor.

NY H7366

Establishes a restricted receipt account at the DLT for hospitality industry workforce training grants, funded by an annual $50 dollar fee to be charged by RIDOH to food service establishments.

NY S2626

Establishes a restricted receipt account at the DLT for hospitality industry workforce training grants, funded by an annual $50 dollar fee to be charged by RIDOH to food service establishments.

NY S0584

Establishes a restricted receipt account at the DLT for hospitality industry workforce training grants, funded by an annual $50 dollar fee to be charged by RIDOH to food service establishments.

Similar Bills

No similar bills found.