Bill Text: NY S06863 | 2017-2018 | General Assembly | Amended


Bill Title: Establishes a credit for customers of certain private water utilities and requires a feasibility study relating to the Jericho Water District; and provides for the repeal of such provisions upon the expiration thereof.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Engrossed - Dead) 2018-06-06 - referred to ways and means [S06863 Detail]

Download: New_York-2017-S06863-Amended.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                         6863--A
                               2017-2018 Regular Sessions
                    IN SENATE
                                    September 6, 2017
                                       ___________
        Introduced  by  Sen.  MARCELLINO  -- read twice and ordered printed, and
          when printed to be committed to the Committee on Rules --  recommitted
          to  the  Committee  on  Investigations  and  Government  Operations in
          accordance with Senate Rule 6, sec. 8 --  committee  discharged,  bill
          amended,  ordered reprinted as amended and recommitted to said commit-
          tee
        AN ACT to amend the tax law, in relation to establishing  a  credit  for
          customers  of  certain  private  water  utilities;  and in relation to
          requiring a feasibility study relating to the Jericho Water  District;
          and providing for the repeal of such provisions upon expiration there-
          of
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Section 606 of the tax law  is  amended  by  adding  a  new
     2  subsection (ccc) to read as follows:
     3    (ccc)  Private water utility bill relief credit. (1) General. An indi-
     4  vidual taxpayer who is serviced by a private water utility, serving  the
     5  towns of Hempstead and Oyster Bay located in the county of Nassau, shall
     6  be allowed a credit against the tax imposed by this article equal to the
     7  amount  of  any  annual  increase  of  such taxpayer's annual water bill
     8  directly ascribable to an  increase  in  property  taxes  paid  by  such
     9  private water utility.
    10    (2)  Certification for credit allowance. The commissioner shall deter-
    11  mine the procedure for certification for the credit authorized  pursuant
    12  to this subsection.
    13    §  2.    The  public  service commission, in conjunction with affected
    14  municipal corporations located in the county of Nassau, shall conduct  a
    15  feasibility study of the practicality of Jericho Water District, located
    16  in  the  town of Oyster Bay, supplying water to any current customers of
    17  American Water services. Such study shall examine the potential costs to
    18  the Jericho Water District of serving  these  customers,  the  potential
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13399-02-8

        S. 6863--A                          2
     1  costs  to  Jericho Water District of acquiring the rights to serve these
     2  customers, the potential new water rates as a result of  such  transfer,
     3  and  any  other  information  deemed  relevant by the affected municipal
     4  corporations. On or before December 31, 2018, the public service commis-
     5  sion  shall  submit  such  feasibility  study to the governor, temporary
     6  president of the senate, and speaker of the assembly.  For  purposes  of
     7  this  section,  "municipal  corporations" shall have the same meaning as
     8  such term is defined by section two of the general municipal law.
     9    § 3. This act shall take effect immediately; provided, however section
    10  one of this act shall apply to taxable years beginning on and after  the
    11  first  of January next succeeding the date on which it shall have become
    12  a law; provided, further, that this  act  shall  expire  and  be  deemed
    13  repealed December 31, 2021.
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