Bill Text: NY S04864 | 2021-2022 | General Assembly | Introduced

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Bill Title: Requires the Long Island power authority to conduct comprehensive management and operations audits every three years instead of every five years.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed - Dead) 2022-01-05 - REFERRED TO ENERGY AND TELECOMMUNICATIONS [S04864 Detail]

Download: New_York-2021-S04864-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          4864

                               2021-2022 Regular Sessions

                    IN SENATE

                                    February 16, 2021
                                       ___________

        Introduced  by Sen. GAUGHRAN -- read twice and ordered printed, and when
          printed to be committed to the Committee on  Energy  and  Telecommuni-
          cations

        AN ACT to amend the public authorities law, in relation to audits by 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. Paragraph 2 of subdivision (bb) of section  1020-f  of  the
     2  public authorities law, as amended by section 7 of part A of chapter 173
     3  of the laws of 2013, is amended to read as follows:
     4    2.  The  department  of public service shall notify the authority that
     5  said department is in the process of initiating a comprehensive  manage-
     6  ment and operations audit as described in paragraph one of this subdivi-
     7  sion  in  a  manner  that  ensures  the timeliness of such audit, and in
     8  accordance with the following timeframe: the first comprehensive manage-
     9  ment and operations audit shall be initiated as of the effective date of
    10  chapter eight of the laws of two thousand twelve  and  undertaken  in  a
    11  manner  and  to  an  extent  that  is  practicable in the context of the
    12  authority's transition to a new management service structure; the second
    13  comprehensive management and operations  audit  shall  be  initiated  no
    14  later  than December fifteenth, two thousand sixteen; and all additional
    15  comprehensive management and operations audits  shall  be  initiated  at
    16  least once every [five] three years thereafter. Within a reasonable time
    17  after  such  notification to the authority, said department or the inde-
    18  pendent auditor retained by the authority to undertake such audit  shall
    19  hold  public  statement hearings, with proper notice, in both Nassau and
    20  Suffolk counties for the purpose of  receiving  both  oral  and  written
    21  comments  from  the public on matters related to such audit as described
    22  in paragraph one of this subdivision.
    23    § 2. This act shall take effect immediately.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09646-01-1