Bill Text: NY S02233 | 2015-2016 | General Assembly | Amended
Bill Title: Creates a New York independent system operator.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2016-02-11 - PRINT NUMBER 2233A [S02233 Detail]
Download: New_York-2015-S02233-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 2233--A 2015-2016 Regular Sessions IN SENATE January 22, 2015 ___________ Introduced by Sen. FUNKE -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommuni- cations -- recommitted to the Committee on Energy and Telecommuni- cations in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the public service law, in relation to creating a New York independent system operator The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The public service law is amended by adding a new article 2 12 to read as follows: 3 ARTICLE 12 4 PROVISIONS RELATING TO AN INDEPENDENT SYSTEM OPERATOR 5 Section 250. Legislative statement. 6 251. Independent system operator. 7 252. Powers of the commission. 8 § 250. Legislative statement. The New York state government estab- 9 lished the public service commission in nineteen hundred seven to regu- 10 late the utility industry that had become a monopoly. In the nineteen 11 thirties and nineteen forties, the federal government strengthened regu- 12 lation of the industry in the areas of securities, wholesale rates and 13 cost accounting. 14 Since the late nineteen nineties, the New York electric utility indus- 15 try has changed from an industry where customers paid electric bills at 16 cost-based regulated rates to a partially deregulated industry in which 17 rates for the generation of electricity are no longer regulated by state 18 government. 19 In nineteen ninety-six, the public service commission decided to 20 deregulate the industry without legislative approval, and required util- 21 ities to divest themselves of their generation facilities. In nineteen EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD02509-02-6
