Bill Text: NY S02839 | 2015-2016 | General Assembly | Amended
Bill Title: Enacts the "nuclear storage safety fund"; establishes the New York state dry cask storage fund directing certain nuclear generating facilities to transfer certain monies in exchange for the storage of dry casks containing spent fuel.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2016-01-14 - PRINT NUMBER 2839A [S02839 Detail]
Download: New_York-2015-S02839-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 2839--A 2015-2016 Regular Sessions IN SENATE January 29, 2015 ___________ Introduced by Sen. CARLUCCI -- read twice and ordered printed, and when printed to be committed to the Committee on Finance -- recommitted to the Committee on Finance 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 state finance law, in relation to establishing the New York state dry cask storage fund and to direct certain nuclear generating facilities to transfer certain monies in exchange for the storage of dry casks containing spent fuel The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Short title. This act shall be known and may be cited as 2 the "nuclear storage safety fund". 3 § 2. Any nuclear facility in New York state in an emergency planning 4 zone with a population exceeding two hundred thousand must transfer to 5 the New York state dry cask storage fund, as established pursuant to 6 section three of this act, $750,000 each year for each dry cask contain- 7 ing spent fuel that is located at the independent spent fuel storage 8 installation at such nuclear generating facility, annually for as long 9 as such storage container remains on site. The public service commis- 10 sion has the authority to order a nuclear storage increase. The fund 11 transfer shall be made if nuclear waste is stored in a dry cask at the 12 independent spent-fuel storage facility at such nuclear generating 13 facility for any part of a year. Funds in the account may be expended 14 for development of renewable energy sources specified in section 99-y of 15 the state finance law, as established pursuant to section three of this 16 act; including, but not limited to, reimbursement to counties in the 17 emergency planning zone for emergency costs; development of renewable 18 energy for schools and municipal purposes; and twenty percent for the 19 energy assistance program funds statewide, with a priority for schools 20 and municipal projects. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD08330-02-6