Bill > A04937

This bill modifies existing economic development laws to emphasize the importance of high-speed broadband internet infrastructure, specifically through end-to-end fiber-optic architecture. The bill requires the New York State Department of Economic Development to include a summary of fiber-optic technology usage in its annual comprehensive economic development report. When evaluating economic development projects, the Urban Development Corporation will now consider the extent to which proposed projects will use fiber-optic technology to deliver high-speed broadband internet service. Additionally, for properties with residential or affordable housing units, priority will be given to those where the municipality commits to implementing end-to-end fiber-optic architecture for internet service. These changes aim to promote broader access to high-speed internet across New York State, recognizing broadband connectivity as a key factor in economic development and community improvement. The modifications are intended to encourage the expansion of advanced telecommunications infrastructure in both urban and economically distressed areas, potentially supporting economic growth, attracting businesses, and improving residents' access to digital resources.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A4937