New York S04428 mandates public authorities to study privatization impacts on critical infrastructure.

New York S04428 requires all public authorities owning, leasing, and controlling critical infrastructure to study the potential consequences of privatization. These authorities must issue a report evaluating the impact on their debt obligations, revenue generation, and the progress of comparable privatization projects. The report is due by December 1, 2026, and must be submitted to specified legislative committees and leaders.

New York S04428 mandates public authorities to study privatization impacts on critical infrastructure.

New York S04428 requires all public authorities owning, leasing, and controlling critical infrastructure to study the potential consequences of privatization. These authorities must issue a report evaluating the impact on their debt obligations, revenue generation, and the progress of comparable privatization projects. The report is due by December 1, 2026, and must be submitted to specified legislative committees and leaders.