Bill Text: NY S07007 | 2013-2014 | General Assembly | Introduced

New York Senate Bill 7007 (Prior Session Legislation)

Bill Title: Directs the public service commission to conduct a study on gas and electric supply prices during the time period commencing on November 1, 2013 and ending on April 30th, 2014.

Spectrum: Bipartisan Bill

Status: (Vetoed) 2014-12-17 - VETOED MEMO.564 [S07007 Detail]

Download: New_York-2013-S07007-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         7007
                                   I N  S E N A T E
                                    April 11, 2014
                                      ___________
       Introduced  by  Sen. MAZIARZ -- 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 service law, in relation to directing the
         public service commission to conduct  a  study  on  gas  and  electric
         supply prices
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Section 5 of the public service law is amended by adding  a
    2  new subdivision 7 to read as follows:
    3    7.  A.  WITHIN  FORTY-FIVE DAYS OF THE EFFECTIVE DATE OF THIS SUBDIVI-
    4  SION, THE COMMISSION SHALL CONDUCT A STUDY IN COOPERATION AND  CONSULTA-
    5  TION  WITH  THE  BULK SYSTEM OPERATOR RELATING TO THE CAUSE OR CAUSES OF
    6  INCREASES IN CONSUMER PRICES FOR GAS AND ELECTRIC SUPPLY SERVICE  DURING
    7  THE  TIME PERIOD COMMENCING ON NOVEMBER FIRST, TWO THOUSAND THIRTEEN AND
    8  ENDING ON APRIL THIRTIETH, TWO THOUSAND FOURTEEN.
    9    B. UPON COMPLETION AND REVIEW OF  THE  DATA  IN  CONNECTION  WITH  THE
   10  STUDY,  THE  COMMISSION  SHALL  ISSUE  A  REPORT TO THE GOVERNOR AND THE
   11  LEGISLATURE WHICH SHALL INCLUDE RECOMMENDATIONS FOR STATUTORY AND  REGU-
   12  LATORY  CHANGES THAT MAY BE IMPLEMENTED IN ORDER TO MITIGATE FUTURE SUCH
   13  INCREASES IN GAS AND ELECTRIC SUPPLY PRICES.
   14    C. SUCH REPORT SHALL BE COMPLETED NO LATER  THAN  NOVEMBER  FIFTEENTH,
   15  TWO THOUSAND FOURTEEN AND COPIES SHALL BE FORWARDED TO THE GOVERNOR, THE
   16  TEMPORARY  PRESIDENT  OF  THE  SENATE,  THE SPEAKER OF THE ASSEMBLY, THE
   17  CHAIR OF THE SENATE ENERGY AND TELECOMMUNICATIONS COMMITTEE,  THE  CHAIR
   18  OF  THE  ASSEMBLY  ENERGY  COMMITTEE AND ALSO POSTED ON THE DEPARTMENT'S
   19  WEBSITE.
   20    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD14707-01-4