Bill Text: NY A00435 | 2019-2020 | General Assembly | Introduced


Bill Title: Requires the power authority of the state of New York to file a report annually commencing March 31, 2022 with the governor, the comptroller, the chair of the assembly ways and means and the senate finance committees, respectively, and the authority budget office, on its operations and transactions, complying with the uniform system of accounts required for electric corporations pursuant to the public service law.

Spectrum: Moderate Partisan Bill (Democrat 6-1)

Status: (Vetoed) 2019-12-13 - tabled [A00435 Detail]

Download: New_York-2019-A00435-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                           435
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                       (Prefiled)
                                     January 9, 2019
                                       ___________
        Introduced  by  M.  of A. PAULIN, OTIS, SEAWRIGHT, VANEL, NIOU -- Multi-
          Sponsored by -- M. of A. CROUCH, DE LA ROSA -- read once and  referred
          to the Committee on Corporations, Authorities and Commissions
        AN ACT to amend the public authorities law, in relation to prescribing a
          uniform system of accounts for the power authority of the state of New
          York
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Section 1002 of the public authorities law   is amended  by
     2  adding a new subdivision 3 to read as follows:
     3    3.    On  March  thirty-first,  two thousand twenty-two and every year
     4  thereafter on such date, the authority shall file with the governor, the
     5  comptroller, the chair of the assembly ways  and  means  committee,  the
     6  chair  of  the senate finance committee and the authority budget office,
     7  an annual report for the preceding calendar year that shall conform,  in
     8  exact  like  manner, to the annual report filed by electric corporations
     9  with the public  service  commission  pursuant  to  subdivision  six  of
    10  section  sixty-six of the public service law. In so doing, the authority
    11  shall comply with the uniform system of accounts required  for  electric
    12  corporations  pursuant  to  subdivision  six of section sixty-six of the
    13  public service law and all applicable rules and regulations.
    14    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01946-01-9
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