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. LBD13399-02-8S. 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.