Bill Text: NY S06724 | 2015-2016 | General Assembly | Amended

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Bill Title: Relates to oversight by the New York state public authorities control board.

Spectrum: Partisan Bill (Republican 10-0)

Status: (Engrossed - Dead) 2016-06-15 - referred to corporations, authorities and commissions [S06724 Detail]

Download: New_York-2015-S06724-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                         6724--B
                    IN SENATE
                                    February 10, 2016
                                       ___________
        Introduced by Sens. DeFRANCISCO, CROCI, FUNKE, GALLIVAN, GRIFFO, MURPHY,
          O'MARA,  RANZENHOFER,  SERINO  --  read twice and ordered printed, and
          when printed to be committed to the Committee on Energy and Telecommu-
          nications -- committee discharged, bill amended, ordered reprinted  as
          amended  and  recommitted  to  said committee -- committee discharged,
          bill amended, ordered reprinted as amended  and  recommitted  to  said
          committee
        AN  ACT  to amend the public service law and the public authorities law,
          in relation to oversight by the  New  York  state  public  authorities
          control board
          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  section
     2  5-a to read as follows:
     3    §  5-a.  Oversight  by  the  New York state public authorities control
     4  board.  1. Notwithstanding any other provision of law to  the  contrary,
     5  the  commission shall apply to, and obtain the approval of, the New York
     6  state public authorities control board created pursuant to article one-A
     7  of the public authorities law prior  to  taking  any  of  the  following
     8  actions:
     9    (a)  an  increase  in  rates,  charges, surcharges, assessments, fees,
    10  levies, or any other collections, which would increase revenues obtained
    11  from ratepayers by more than seven hundred thousand  dollars  and  which
    12  revenues  are  collected  solely  for and directed to the New York state
    13  energy research and  development  authority  and  would  be  effectuated
    14  through  a single order, decision, or administrative action or through a
    15  series of such activities; or
    16    (b) a transfer, repurposing, reprogramming, or any other  action  that
    17  would  change  the  use  of  money directed to the New York state energy
    18  research and development authority previously designated or intended for
    19  a different purpose.
    20    2. Each such application by the  commission  to  the  New  York  state
    21  public authorities control board shall contain a description of any such
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14054-03-6