S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         2548
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                   January 16, 2015
                                      ___________
       Introduced  by  M. of A. GRAF, McDONOUGH, MONTESANO, RAIA -- Multi-Spon-
         sored by -- M. of A.  THIELE -- read once and referred to the  Commit-
         tee on Corporations, Authorities and Commissions
       AN  ACT to amend the public authorities law, in relation to fees charged
         by the power authority of the state of New York; to direct the  public
         service  commission to study and report on the feasibility of creating
         smaller municipal electric companies on Long  Island;  and  to  repeal
         chapter  173  of the laws of 2013, amending the public authorities law
         relating to the powers and duties of the department of public  service
         and the Long Island power authority
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Chapter 173 of  the  laws  of  2013,  amending  the  public
    2  authorities  law  relating to the powers and duties of the department of
    3  public service and the Long Island power authority, is REPEALED.
    4    S 2. (a) The public service commission is directed to study the feasi-
    5  bility and advisability of creating smaller municipal electric companies
    6  on Long Island.
    7    (b) This study shall result in a report, which shall detail the feasi-
    8  bility and advisability of creating smaller municipal electric companies
    9  on Long Island. The study and report shall be filed, on or before Decem-
   10  ber 31, 2017, with the governor, the director of  the  division  of  the
   11  budget,  the  speaker  of  the  assembly, the temporary president of the
   12  senate, the chair of the assembly ways and means committee, the chair of
   13  the senate finance committee and the chairs  of  the  assembly  standing
   14  committee  on  corporations,  authorities and commissions and the senate
   15  energy and telecommunications committee. Such  study  and  report  shall
   16  also be posted on the website of the public service commission by Decem-
   17  ber 31, 2017 and shall be deemed a public document.
   18    S  3.  The  public  authorities law is amended by adding a new section
   19  1005-b to read as follows:
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD05571-01-5
       A. 2548                             2
    1    S 1005-B. RATES. NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY,
    2  BEGINNING DECEMBER THIRTY-FIRST, TWO THOUSAND  SEVENTEEN  THE  AUTHORITY
    3  SHALL CHARGE A FLAT RATE PER KILOWATT HOUR FOR ALL LOCALITIES.
    4    S 4. Notwithstanding any other law, rule, regulation, statute or ordi-
    5  nance  to the contrary, the state of New York shall assume all financial
    6  liability, including debt, of the Long Island power authority  upon  the
    7  creation of smaller municipal electric companies on Long Island.
    8    S  5.  This  act  shall take effect on the sixtieth day after it shall
    9  have become a law; provided that the addition, amendment  and/or  repeal
   10  of  any  rule or regulation necessary for the implementation of this act
   11  on its effective date is authorized to be made on or before such date.