New York 2025-2026 Regular Session

New York Assembly Bill A10854

Introduced
4/8/26  

Caption

Includes consumption-based solutions, which may utilize any combination of software, hardware or equipment, data, and labor or services that provides a capability that is metered and billed based on actual usage at fixed price units, to the definition of fixed assets.

Impact

By redefining fixed assets to include consumption-based solutions, A10854 could significantly shift how state agencies approach technology procurement and financial management. This change is intended to facilitate greater flexibility in acquiring and utilizing technology resources, particularly in an era of rapidly evolving tech solutions. Consequently, state agencies may be better equipped to manage costs associated with IT expenditures, leading to more efficient use of taxpayer dollars.

Summary

Bill A10854 proposes an amendment to the state finance law of New York to include consumption-based solutions in the definition of fixed assets. These solutions are characterized as models that provide technology-supported capabilities, which may involve various combinations of software, hardware, data, and services. The aim is to allow these capabilities to be metered and billed based on actual usage at fixed price units, thereby modernizing the understanding of what constitutes fixed assets for state financial purposes.

Contention

The bill's inclusion of consumption-based solutions may lead to discussions regarding the implications for budgeting and accounting practices within state agencies. Critics may argue that such a redefinition could complicate asset tracking and introduce ambiguity in financial reporting. Additionally, concerns may arise regarding the potential for increased dependency on technology vendors, questioning how contracts and procurement processes will adapt to these new definitions. Proponents, on the other hand, likely emphasize the need for modernization in financial management practices to keep pace with technological advancements.

Companion Bills

NY S10204

Same As Includes consumption-based solutions, which may utilize any combination of software, hardware or equipment, data, and labor or services that provides a capability that is metered and billed based on actual usage at fixed price units, to the definition of fixed assets.

Previously Filed As

NY S10204

Includes consumption-based solutions, which may utilize any combination of software, hardware or equipment, data, and labor or services that provides a capability that is metered and billed based on actual usage at fixed price units, to the definition of fixed assets.

NY S08483

Prohibits online retailers from basing reference prices on the hardware, software, or geolocation of an online device.

NY A09348

Prohibits online retailers from basing reference prices on the hardware, software, or geolocation of an online device.

NY A08217

Alters the definition of "drug" to include any substance or combination of substances that impair, to any extent, physical or mental abilities.

NY A10764

Enacts the "utility billing integrity act" to establish utility billing integrity and consumer protections through anomaly detection, advanced data analytics and the usage of artificial intelligence; requires every utility to implement and maintain a billing integrity program utilizing anomaly detection systems to review all residential utility bills prior to issuance; provides that where a billing anomaly is identified, the utility shall provide prompt notice to the customer that the bill is under review.

NY A10132

Enacts the "connected consumer product end of life disclosure act", relating to requiring manufacturers of connected consumer products to disclose for how long they will provide technical support, security updates, or bug fixes for the software, hardware, or firmware necessary for the product to securely function.

NY S08507

Enacts the "connected consumer product end of life disclosure act", relating to requiring manufacturers of connected consumer products to disclose for how long they will provide technical support, security updates, or bug fixes for the software, hardware, or firmware necessary for the product to securely function.

NY A09338

Provides that a person who did not receive the nomination of a party in a caucus, may file a certificate of declination to a designation or nomination with respect to that office which the person had filed a designating petition of another party or had received the nomination after a primary or to a nomination of another party decided at a caucus within ten days after the certificate of nomination made pursuant to the caucus which the person had lost is filed.

NY S07693

Provides that gas, electric, or combination gas and electric corporations shall not be permitted to retain revenues derived from their actual return on equity in excess of authorized rates of return on equity.

NY A08150

Provides that gas, electric, or combination gas and electric corporations shall not be permitted to retain revenues derived from their actual return on equity in excess of authorized rates of return on equity.

Similar Bills

No similar bills found.