Bill Text: NY S08364 | 2017-2018 | General Assembly | Introduced

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Bill Title: Requires the power authority of the state of New York to file a report annually commencing March 31, 2021 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 (Republican 1-0)

Status: (Introduced - Dead) 2018-06-07 - REPORTED AND COMMITTED TO RULES [S08364 Detail]

Download: New_York-2017-S08364-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          8364
                    IN SENATE
                                       May 3, 2018
                                       ___________
        Introduced  by  Sen.  RANZENHOFER -- read twice and ordered printed, and
          when printed to be committed to the Committee on Energy and Telecommu-
          nications
        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-one  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.
                                                                   LBD07577-02-8