Bill Text: NY S07830 | 2019-2020 | General Assembly | Introduced


Bill Title: Requires the power authority of the state of New York to file a report annually commencing March 31, 2023 with the governor, the comptroller, the chair of the assembly ways and means and the senate finance committees, respectively, and the authority budget office, on its operations and transactions, complying with the uniform system of accounts required for electric corporations pursuant to the public service law.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2020-02-25 - REFERRED TO ENERGY AND TELECOMMUNICATIONS [S07830 Detail]

Download: New_York-2019-S07830-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                          7830

                    IN SENATE

                                    February 25, 2020
                                       ___________

        Introduced  by  Sen.  COMRIE -- 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 prescribing a
          uniform system of accounts for the power authority of the state of New
          York

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Section 1002 of the public authorities law   is amended  by
     2  adding a new subdivision 3 to read as follows:
     3    3.    On  March thirty-first, two thousand twenty-three and every year
     4  thereafter on such date, the authority shall file with the governor, the
     5  comptroller, the chair of the assembly ways  and  means  committee,  the
     6  chair  of  the senate finance committee and the authority budget office,
     7  an annual report for the preceding calendar year that shall conform,  in
     8  exact  like  manner, to the annual report filed by electric corporations
     9  with the public  service  commission  pursuant  to  subdivision  six  of
    10  section  sixty-six of the public service law. In so doing, the authority
    11  shall comply with the uniform system of accounts required  for  electric
    12  corporations  pursuant  to  subdivision  six of section sixty-six of the
    13  public service law and all applicable rules and regulations.
    14    § 2. This act shall take effect immediately.





         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01946-02-0
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