Bill Text: NY S50001 | 2009-2010 | General Assembly | Introduced


Bill Title: Extends provisions of law relating to low cost power; extends expiration of the power for jobs program and the energy costs savings benefit program; establishes an energy audit program.

Spectrum: Committee Bill

Status: (Engrossed - Dead) 2009-06-23 - PASSED SENATE [S50001 Detail]

Download: New_York-2009-S50001-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                           1
                                 Extraordinary Session
                                   I N  S E N A T E
                                     June 23, 2009
                                      ___________
       Introduced by COMMITTEE ON RULES -- (at request of the Governor) -- read
         twice  and  ordered  printed,  and when printed to be committed to the
         Committee on Rules
       AN ACT to amend the economic development law, chapter 316 of the laws of
         1997 amending the public authorities law and other  laws  relating  to
         the  provision of low cost power to foster statewide economic develop-
         ment, the tax law and chapter 645 of the laws  of  2006  amending  the
         economic  development law and other laws relating to reauthorizing the
         New York power authority to make contributions to the general fund, in
         relation to extending the expiration of the power for jobs program and
         the energy cost savings benefits program; to amend the public authori-
         ties law, in relation to authorizing an additional voluntary  contrib-
         ution into the state treasury under the power for jobs program; and to
         amend  the  public  authorities  law,  in  relation to an energy audit
         program
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Paragraphs 2 and 4 of subdivision (h) of section 183 of the
    2  economic  development law, paragraph 2 as amended by section 1 of part Y
    3  of chapter 59 of the laws of 2008 and paragraph 4 as amended by  chapter
    4  89 of the laws of 2007, are amended to read as follows:
    5    2.  During  the period commencing on November first, two thousand five
    6  and ending on [June thirtieth] MAY FIFTEENTH, two  thousand  [nine]  TEN
    7  eligible  businesses shall only include customers served under the power
    8  authority of the state of New York's high load factor, economic develop-
    9  ment power and other business customers served by political subdivisions
   10  of the state authorized by law to engage in the distribution of electric
   11  power that were authorized to  be  served  by  the  authority  from  the
   12  authority's  former  James  A. Fitzpatrick nuclear power plant as of the
   13  effective date of this subdivision whose power prices may be subject  to
   14  increase before [June thirtieth] MAY FIFTEENTH, two thousand [nine] TEN.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD12122-01-9
       S. 1                                2
    1  Provided, however, that the total amount of megawatts of replacement and
    2  preservation  power  which,  due  to  the  extension  of the energy cost
    3  savings benefits, are not relinquished by or withdrawn from a  recipient
    4  shall be deemed to be relinquished or withdrawn for purposes of offering
    5  such megawatts by the authority for reallocation pursuant to subdivision
    6  thirteen  of  section  one  thousand five of the public authorities law.
    7  Provided, further, that for any such reallocation, the  authority  shall
    8  maintain  the  same  energy  cost savings benefit level for all eligible
    9  businesses using any available authority resources  as  deemed  feasible
   10  and  advisable  by  the  trustees pursuant to section seven of part U of
   11  chapter fifty-nine of the laws of two thousand six.
   12    4. Applications for an energy cost savings benefit  shall  be  in  the
   13  form  and  contain such information, exhibits and supporting data as the
   14  board may prescribe. The board shall review  the  applications  received
   15  and shall determine the applications which best meet the criteria estab-
   16  lished for the benefits pursuant to this subdivision and it shall recom-
   17  mend  such  applications to the power authority of the state of New York
   18  with such terms and conditions as it deems appropriate; provided, howev-
   19  er, that for energy cost savings benefits granted on or after June thir-
   20  tieth, two thousand [seven] NINE through [June thirtieth] MAY FIFTEENTH,
   21  two thousand [eight] TEN, the board shall expedite the awarding of  such
   22  benefits  and  shall  defer  the review of compliance with such criteria
   23  until after the applicant has been awarded an energy cost savings  bene-
   24  fit.  Such  terms  and  conditions  shall  include reasonable provisions
   25  providing for the partial or complete  withdrawal  of  the  energy  cost
   26  savings  benefit  in  the event the recipient fails to maintain mutually
   27  agreed upon commitments that may include, but are not limited to, levels
   28  of employment, capital investment and power utilization.  Recommendation
   29  for  approval  of an energy cost savings benefit shall qualify an appli-
   30  cant to receive an energy cost savings benefit from the power  authority
   31  of  the  state  of  New York pursuant to the terms and conditions of the
   32  recommendation.
   33    S 2. The opening paragraph  of  paragraph  5  of  subdivision  (a)  of
   34  section  189 of the economic development law, as amended by section 2 of
   35  part Y of chapter 59 of the laws of 2008, is amended to read as follows:
   36    "Power  for  jobs  electricity  savings  reimbursements"  shall   mean
   37  payments  made by the power authority of the state of New York as recom-
   38  mended by the board to recipients of allocations of power  under  phases
   39  four  and  five of the power for jobs program for a period of time until
   40  November thirtieth, two thousand four, subsequent to the  expiration  of
   41  their  phase  four or five power for jobs contract provided however that
   42  any power for jobs  recipient  may  choose  to  receive  an  electricity
   43  savings  reimbursement  as a substitute for a contract extension for the
   44  period from the date the  recipient's  contract  expires  through  [June
   45  thirtieth]   MAY  FIFTEENTH,  two  thousand  [nine]  TEN.    The  "basic
   46  reimbursement" is an amount that when credited against  the  recipient's
   47  actual "unit cost of electricity" during a quarter (meaning the cost for
   48  commodity and delivery per kilowatt-hour for the quantity of electricity
   49  purchased  and delivered under the power for jobs program during a simi-
   50  lar period in the final year of the recipient's contract), results in an
   51  effective unit cost of electricity during the quarter equal to the aver-
   52  age unit cost of electricity such recipient paid during the  final  year
   53  of  the  contract  for  power  allocated under phase four or five of the
   54  power for jobs program.
       S. 1                                3
    1    S 3. Subdivisions (f) and (l) of section 189 of the economic  develop-
    2  ment law, as amended by section 3 of part Y of chapter 59 of the laws of
    3  2008, are amended to read as follows:
    4    (f)  Eligibility.  The  board  shall  recommend applications for allo-
    5  cations of power under the power for jobs program to or for the  use  of
    6  businesses  which  normally  utilize  a  minimum peak electric demand in
    7  excess of four hundred kilowatts; provided,  however,  that  up  to  one
    8  hundred  megawatts  of power available for allocation during the initial
    9  three phases of the power for jobs program may be recommended for  allo-
   10  cations  to  not-for-profit  corporations  and to small businesses; and,
   11  provided, further that up to seventy-five megawatts of  power  available
   12  for allocation during the fourth phase of the program may be recommended
   13  for  allocations to not-for-profit corporations and to small businesses.
   14  The board may require small businesses that normally utilize  a  minimum
   15  peak  electric  demand  of  less than one hundred kilowatts to aggregate
   16  their electric demand in amounts of no less than one hundred  kilowatts,
   17  for  the  purposes  of applying to the board for an allocation of power.
   18  The board shall recommend allocations of the  additional  three  hundred
   19  megawatts  available  during the fourth phase of the program to any such
   20  eligible applicant, including any recipient of  power  allocated  during
   21  the first phase of the program. The board shall recommend allocations of
   22  the  additional  one hundred eighty-three megawatts available during the
   23  fifth phase of the program to  any  eligible  applicant,  including  any
   24  recipient  of  power allocated during the second and third phases of the
   25  program; provided, however, that the term of contracts  for  allocations
   26  under  the  fifth  phase  of  the program shall in no case extend beyond
   27  [June thirtieth] MAY FIFTEENTH, two thousand [nine] TEN.   Notwithstand-
   28  ing  any  provision  of  law  to  the  contrary, and, in particular, the
   29  provisions of this chapter concerning the terms of contracts  for  allo-
   30  cations under the power for jobs program, the terms of any contract with
   31  a  recipient  of  power  allocated under phase two of the power for jobs
   32  program that has expired or will expire on or  before  the  thirty-first
   33  day  of August, two thousand two, may be extended by the power authority
   34  of the state of New York for an additional period of three months effec-
   35  tive on the date of such expiration, pending the filing and approval  of
   36  an application by such recipient for an allocation under the fifth phase
   37  of  the  program. The term of any new contract with such recipient under
   38  the fifth phase of the program shall be  deemed  to  include  any  three
   39  month  contract  extension  made  pursuant  to  this subdivision and the
   40  termination date of any such new contract under phase five shall  be  no
   41  later than if such new contract had commenced upon the expiration of the
   42  recipient's  original phase two contract. The terms of any contract with
   43  a recipient of power allocated under phase four and/or phase five of the
   44  power for jobs program that has expired or will expire on or before  the
   45  thirty-first  day of December, two thousand five, may be extended by the
   46  power authority of the state of New York from a date beginning no earli-
   47  er than the first day of  December,  two  thousand  four  and  extending
   48  through [June thirtieth] MAY FIFTEENTH, two thousand [nine] TEN.
   49    (l)  The board shall solicit and review applications for the power for
   50  jobs electricity savings reimbursements  and  contract  extensions  from
   51  recipients  of  power for jobs allocations under phases four and five of
   52  the program for the award of such reimbursements and/or contract  exten-
   53  sions.  The  board  may  prescribe  a simplified form and content for an
   54  application for such reimbursements or extensions. An applicant shall be
   55  eligible for such reimbursements and/or extensions  only  if  it  is  in
   56  compliance  with  and  agrees  to continue to meet the job retention and
       S. 1                                4
    1  creation commitments set forth in its prior power for jobs contract,  or
    2  such other commitments as the board deems reasonable; provided, however,
    3  that  for  the  power  for  jobs  electricity savings reimbursements and
    4  contract  extensions  granted  on  or after June thirtieth, two thousand
    5  [seven] NINE  through  [June  thirtieth]  MAY  FIFTEENTH,  two  thousand
    6  [eight]  TEN,  the  board shall expedite the awarding of such reimburse-
    7  ments and/or extensions and shall defer the review  of  compliance  with
    8  such  commitments until after the applicant has been awarded a power for
    9  jobs electricity savings reimbursement and/or  contract  extension.  The
   10  board  shall  review  such applications and make recommendations for the
   11  award: 1. of such reimbursements through  the  power  authority  of  the
   12  state  of  New  York  for a period of time up to November thirtieth, two
   13  thousand four, and 2. of such contract extensions or  reimbursements  as
   14  applied  for  by  the  recipient for a period of time beginning December
   15  first, two thousand four and ending [June thirtieth] MAY FIFTEENTH,  two
   16  thousand  [nine]  TEN.    At  no  time  shall a recipient receive both a
   17  reimbursement and extension after December first, two thousand four. The
   18  power authority of the state of New York shall receive notification from
   19  the board regarding the award of  power  for  jobs  electricity  savings
   20  reimbursements and/or contract extensions.
   21    S  4. Section 9 of chapter 316 of the laws of 1997 amending the public
   22  authorities law and other laws relating to the  provision  of  low  cost
   23  power  to foster statewide economic development, as amended by section 4
   24  of part Y of chapter 59 of the laws of  2008,  is  amended  to  read  as
   25  follows:
   26    S  9.  This  act shall take effect immediately and shall expire and be
   27  deemed repealed [June 30] MAY 15, [2009] 2010.
   28    S 5. Subdivision 9 of section 186-a of the  tax  law,  as  amended  by
   29  section  5  of  part  Y of chapter 59 of the laws of 2008, is amended to
   30  read as follows:
   31    9. Notwithstanding any other provision of this chapter  or  any  other
   32  law  to  the contrary, for taxable periods nineteen hundred ninety-seven
   33  through and including two thousand [nine] TEN, any utility which  deliv-
   34  ers  power  under  the power for jobs program, as established by section
   35  one hundred eighty-nine  of  the  economic  development  law,  shall  be
   36  allowed  a  credit, subject to the limitations thereon contained in this
   37  subdivision, against the tax imposed under this  section  equal  to  net
   38  lost  revenues  from  the  delivery  of  power under such power for jobs
   39  program. Net lost revenues means the "net receipts"  less  "net  utility
   40  revenue"  from such delivery of power. For purposes of this subdivision,
   41  "net receipts" shall mean the amount that the utility would have  other-
   42  wise  received from customers receiving power pursuant to allocations by
   43  the New York  state  economic  development  power  allocation  board  in
   44  accordance with section one hundred eighty-nine of the economic develop-
   45  ment  law, or from customers whose allocation has been transferred to an
   46  energy service company, or from energy service companies to  which  such
   47  allocation  has  been  transferred, pursuant to its tariff supervised by
   48  the public  service  commission  for  substantially  comparable  service
   49  otherwise  applicable  to  such customers or energy service companies in
   50  the absence of such  designation,  less  the  utility's  annual  average
   51  incremental  short-term  variable  and  capacity costs of providing such
   52  power in the absence of such purchase. For the purposes of this subdivi-
   53  sion, "net utility revenue" shall mean the revenues the utility actually
   54  receives in accordance with such section one  hundred  eighty-nine  from
   55  such  customers so designated by the New York state economic development
   56  power allocation board or  from  customers  whose  allocation  has  been
       S. 1                                5
    1  transferred  to  an  energy  service company, or from the energy service
    2  companies to which a power for jobs  allocation  has  been  transferred,
    3  less  the  utility's  cost  of  such power under such program. Provided,
    4  however,  that  any  credit  under  this section shall be used only with
    5  respect to the same taxable year during  which  such  credit  arose  and
    6  shall  not  be capable of being carried forward or backward to any other
    7  taxable period. Nor shall any credit be allowed to any utility  for  the
    8  total  amount  of  power,  expressed in kilowatt hours, purchased by the
    9  customers of such utility under such program during the  taxable  period
   10  that exceeds the prorated "baseline energy use" by all customers of that
   11  utility  purchasing  power under such program during the taxable period.
   12  "Baseline energy use" with respect to each customer shall mean the larg-
   13  est amount of kilowatt hours of energy used by such customer during  any
   14  twelve  consecutive  month  period occurring during the preceding thirty
   15  months immediately preceding the New  York  state  economic  development
   16  power  allocation board's recommendation of such customer's application,
   17  prorated to reflect the length of time of the  customer's  participation
   18  in  such  program during the taxable period.  Provided further, however,
   19  that in accordance with subdivision (k) of section one  hundred  eighty-
   20  nine  of  the  economic development law no tax credit shall be available
   21  for any revenue losses when a utility has  declined  to  purchase  power
   22  allocated  for sale under such program. No electric corporation shall be
   23  allowed the tax credit authorized by this  subdivision  until  it  shall
   24  file  a certificate from the department of public service for the period
   25  covered by the return verifying that the calculation of such tax  credit
   26  complies  with this subdivision and the department of public service has
   27  approved such certificate and forwarded a copy of such approved  certif-
   28  icate  to the commissioner or any amended certificate resulting from the
   29  need for correction. The credit allowed by this subdivision shall not be
   30  applicable in calculating any other tax  imposed  or  authorized  to  be
   31  imposed  by  this  chapter  or  any other law, and the amount of the tax
   32  surcharge imposed under section one hundred eighty-six-c of this article
   33  shall be calculated and payable as if the credit provided  for  by  this
   34  subdivision were not allowed.
   35    S  6.  Section  11  of  chapter  645  of the laws of 2006 amending the
   36  economic development law and other laws relating  to  reauthorizing  the
   37  New  York  power authority to make contributions to the general fund, as
   38  amended by section 6 of part Y of chapter 59 of the  laws  of  2008,  is
   39  amended to read as follows:
   40    S  11.   This act shall take effect immediately and shall be deemed to
   41  have been in full force and effect on and after April 1, 2006; provided,
   42  however, that the amendments to section 183 of the economic  development
   43  law  and  subparagraph  2 of paragraph g of the ninth undesignated para-
   44  graph of section 1005 of the public authorities law made by sections two
   45  and six of this act shall not affect the expiration of such section  and
   46  subparagraph,  respectively,  and  shall  be deemed to expire therewith;
   47  provided further, however, that the amendments to  section  189  of  the
   48  economic  development  law and subdivision 9 of section 186-a of the tax
   49  law made by sections three, four, five and ten of  this  act  shall  not
   50  affect  the  repeal  of  such section and subdivision, respectively, and
   51  shall be deemed to be repealed  therewith;  provided  further,  however,
   52  that section seven of this act shall expire and be deemed repealed [June
   53  30] MAY 15, [2009] 2010.
   54    S  7.    Subparagraph 2 of paragraph g of the ninth undesignated para-
   55  graph of section 1005 of the  public  authorities  law,  as  amended  by
       S. 1                                6
    1  section  7  of  part  Y of chapter 59 of the laws of 2008, is amended to
    2  read as follows:
    3    2. The authority, as deemed feasible and advisable by the trustees, is
    4  authorized  to  make  payments to recipients of the power for jobs elec-
    5  tricity savings reimbursements and additional annual voluntary  contrib-
    6  utions  into  the state treasury to the credit of the general fund.  The
    7  authority shall make such contributions to the state treasury  no  later
    8  than  ninety  days  after the end of the calendar year in which a credit
    9  under subdivision nine of section one hundred eighty-six-a  of  the  tax
   10  law  is  available:  (a)  for  the additional three hundred megawatts of
   11  power under the fourth phase  of  the  program  provided  under  chapter
   12  sixty-three  of  the  laws of two thousand and under the fifth phase for
   13  the additional one hundred eighty-three megawatts provided under chapter
   14  two hundred twenty-six of the laws of two thousand two; and (b) for  any
   15  extension  of any contract for allocations under the fourth phase of the
   16  program and under the fifth phase of the program. Payments for any elec-
   17  tricity savings reimbursement under section one hundred  eighty-nine  of
   18  the  economic  development  law  shall be made pursuant to such section.
   19  Such annual contributions shall be equal to fifty percent of  the  total
   20  amount  of such credits available each year to all local distributors of
   21  electricity. In addition, such authorization for contribution  in  state
   22  fiscal  year  two thousand two--two thousand three shall be equal to the
   23  total amount of credit available in two thousand one  and  two  thousand
   24  two;  and  such  authorization for contribution in state fiscal year two
   25  thousand three--two thousand four shall be equal to the total amount  of
   26  credit  available  in  two  thousand  three;  under  subdivision nine of
   27  section one hundred eighty-six-a of the tax law under the  fourth  phase
   28  of the program for the additional three hundred megawatts provided under
   29  chapter  sixty-three  of  the  laws  of two thousand and under the fifth
   30  phase for the additional one  hundred  eighty-three  megawatts  provided
   31  under chapter two hundred twenty-six of the laws of two thousand two. In
   32  state  fiscal year two thousand four--two thousand five, such authorized
   33  annual contribution shall be equal to one hundred percent of  the  total
   34  amount  of such credits available each year to all local distributors of
   35  electricity. Such authorization for contribution in state  fiscal  years
   36  two  thousand  four  and  two  thousand five shall be equal to the total
   37  amount of credit available in two thousand four and two  thousand  five;
   38  under  subdivision  nine  of section one hundred eighty-six-a of the tax
   39  law under the fourth phase of  the  program  for  the  additional  three
   40  hundred  megawatts provided under chapter sixty-three of the laws of two
   41  thousand and under the fifth phase for the additional one hundred eight-
   42  y-three megawatts provided under chapter two hundred twenty-six  of  the
   43  laws  of  two thousand two. In addition, such authorization for contrib-
   44  ution for any extension of any contract for allocations under the fourth
   45  phase of the program and under the fifth phase of the  program  in  each
   46  state  fiscal  year  shall  be  equal  to  the total amount of credit or
   47  reimbursement available in state  fiscal  year  two  thousand  four--two
   48  thousand five, state fiscal year two thousand five--two thousand six and
   49  two  thousand six--two thousand seven. Additionally, notwithstanding any
   50  other section of law, the authority is authorized to make a contribution
   51  in an amount related to total amounts of credit  received  under  phases
   52  one,  two,  three,  four  and  five of the program. In no case shall the
   53  contribution for state fiscal year two thousand five--two  thousand  six
   54  be  less  than  seventy-five million dollars. The contribution for state
   55  fiscal year two thousand six--two thousand seven shall  be  one  hundred
   56  million  dollars.  The  contribution  for state fiscal year two thousand
       S. 1                                7
    1  seven--two thousand eight shall be thirty million dollars. The  contrib-
    2  ution  for state fiscal year two thousand eight--two thousand nine shall
    3  be twenty-five million dollars. THE CONTRIBUTION FOR STATE  FISCAL  YEAR
    4  TWO THOUSAND NINE--TWO THOUSAND TEN SHALL BE TWELVE MILLION FIVE HUNDRED
    5  THOUSAND  DOLLARS.  The  department of public service shall estimate the
    6  payment due by the end of the calendar  year  in  which  the  credit  is
    7  available. In no case shall the amount of the total annual contributions
    8  for  the  years  during which delivery and sale of power associated with
    9  all power for jobs phases and any extensions thereof takes place  exceed
   10  the  aggregate total of four hundred [forty-nine] SIXTY-ONE million FIVE
   11  HUNDRED THOUSAND dollars.
   12    S 8.  Section 1005 of the public authorities law is amended by  adding
   13  a new subdivision 16 to read as follows:
   14    16.   A. TO PROMOTE THE CONSERVATION AND EFFICIENT USE OF ELECTRICITY,
   15  THE POWER AUTHORITY OF THE STATE OF NEW YORK SHALL UNDERTAKE OR CAUSE TO
   16  BE UNDERTAKEN ENERGY AUDITS IN CONNECTION WITH THE ECONOMIC  DEVELOPMENT
   17  POWER, EXPANSION POWER, REPLACEMENT POWER, PRESERVATION POWER, HIGH LOAD
   18  FACTOR POWER, MUNICIPAL DISTRIBUTION AGENCY POWER AND THE POWER FOR JOBS
   19  PROGRAMS.   ENERGY AUDITS SHALL BE CONDUCTED FOR A REPRESENTATIVE SAMPLE
   20  OF THE RECIPIENTS OF SUCH LOW-COST  POWER  PROGRAMS.  THE  AUDITS  SHALL
   21  ASSESS  A  RECIPIENT'S ELECTRICITY USE TO DETERMINE COST-EFFECTIVE MEAS-
   22  URES THAT COULD BE EMPLOYED TO  REDUCE  ENERGY  COSTS,  ENERGY  USE,  OR
   23  IMPROVE  THE EFFICIENCY OF BUILDINGS, BUILDING SYSTEMS, EQUIPMENT, PROC-
   24  ESSES OR OPERATIONS. THE REPRESENTATIVE SAMPLE SHALL TAKE INTO CONSIDER-
   25  ATION THE PROGRAM OF ENROLLMENT, TYPE OF BUSINESS, GEOGRAPHY FOR  STATE-
   26  WIDE  PROGRAMS  AND ALLOCATION SIZE. RECIPIENTS' ENERGY AUDITS PERFORMED
   27  UP TO FIVE YEARS PRIOR TO THE EFFECTIVE DATE OF THIS SUBDIVISION MAY  BE
   28  CONSIDERED.    COSTS  OF  THE  ENERGY  AUDITS SHALL BE PAID BY THE POWER
   29  AUTHORITY OF THE STATE OF NEW YORK AS DEEMED FEASIBLE AND  ADVISABLE  BY
   30  THE BOARD. FOR PURPOSES OF IMPLEMENTING THIS SUBDIVISION ONLY, THE POWER
   31  AUTHORITY  OR  ITS  AGENT  IS  AUTHORIZED  TO APPLY FOR FUNDING FROM ANY
   32  PROGRAM THAT PAYS ALL OR SOME OF THE COSTS OF SUCH AUDITS, AND THE POWER
   33  AUTHORITY OR ITS AGENT SHALL BE ENTITLED TO RECEIVE SUCH FUNDING  AS  IF
   34  THE RECIPIENT OF SUCH LOW-COST POWER HAD APPLIED FOR THE FUNDING DIRECT-
   35  LY.
   36    B.  THE  AUTHORITY  SHALL  COMPLETE  AND SUBMIT A REPORT ON THE ENERGY
   37  AUDIT PROGRAM TO THE GOVERNOR, THE SPEAKER OF THE ASSEMBLY,  THE  TEMPO-
   38  RARY PRESIDENT OF THE SENATE, THE MINORITY LEADER OF THE SENATE, AND THE
   39  MINORITY LEADER OF THE ASSEMBLY, THE CHAIR OF THE SENATE FINANCE COMMIT-
   40  TEE,  THE  CHAIR  OF THE ASSEMBLY WAYS AND MEANS COMMITTEE, THE CHAIR OF
   41  THE ASSEMBLY ENERGY COMMITTEE AND THE CHAIR OF  THE  SENATE  ENERGY  AND
   42  TELECOMMUNICATIONS COMMITTEE AND THE STATE COMPTROLLER BY FEBRUARY TWEN-
   43  TY-EIGHTH, TWO THOUSAND TEN.
   44    S 9. (a) The power authority of the state of New York, in consultation
   45  with the department of economic development, shall complete and submit a
   46  report  on  the  power  authority's low cost power programs.  The report
   47  shall examine the replacement, expansion, preservation  power  programs,
   48  the  industrial  economic  development power program, the power for jobs
   49  programs, and the economic cost saving benefits power programs. Informa-
   50  tion to be presented in the  report  shall  reflect  the  state  of  the
   51  programs  as  of  June 30, 2009 and the year prior and shall include but
   52  not be limited to:
   53    i. a short history of the programs;
   54    ii. a complete list of all recipients of  these  programs  grouped  by
   55  program;
   56    iii. the city or town and county of each recipient;
       S. 1                                8
    1    iv. the allocation allotted to each recipient;
    2    v. annualized retail value of each program;
    3    vi.  the original employment commitment from each recipient;
    4    vii. the current employment level for each recipient;
    5    viii.  an assessment of the economic benefits to New York, which shall
    6  include, but not be limited to: jobs  created  and  retained,  level  of
    7  capital  investment, wage and benefit levels, and the effect of regional
    8  economies; and shall include  an  assessment  on  the  effect  of  these
    9  programs  considering  the  ongoing economic conditions in the state and
   10  any methodology used in analyses in this report; and
   11    ix. the energy procurement practices, including all  supply  side  and
   12  demand  side  activities,  the  authority  uses to meet the capacity and
   13  needs of its customers.
   14    The report shall also include a brief description  of  the  preference
   15  power  program  including  the  total  power available to the program as
   16  measured in megawatts, the total power used by the program  as  measured
   17  in  megawatt  hours  for  the  program as a whole and by utility service
   18  area, an estimated annualized retail  value  for  the  program  and  the
   19  metric  for  calculating  that value.   The report shall be submitted by
   20  December 30, 2009 to the governor, the  speaker  of  the  assembly,  the
   21  temporary  president  of  the senate, the minority leader of the senate,
   22  the minority leader of the assembly, the chair  of  the  senate  finance
   23  committee, the chair of the assembly ways and means committee, the chair
   24  of  the  assembly  energy  committee, the chair of the senate energy and
   25  telecommunications committee, and the state  comptroller  and  shall  be
   26  made available on the authority's website.
   27    (b)  The power authority of the state of New York shall provide copies
   28  of all reports required by subdivision 14 of section 1005 of the  public
   29  authorities law, for the year 2006, 2007, 2008 and 2009 to the governor,
   30  the  speaker of the assembly, the temporary president of the senate, the
   31  minority leader of the senate, and the minority leader of the  assembly,
   32  the  chair  of  the  senate finance committee, the chair of the assembly
   33  ways and means committee, the chair of the assembly energy committee and
   34  the chair of the senate energy and telecommunications committee, and the
   35  state comptroller by December 30, 2009.
   36    S 10. Severability clause. If any clause, sentence, paragraph,  subdi-
   37  vision,  section  or  part of this act shall be adjudged by any court of
   38  competent jurisdiction to be invalid, such judgment  shall  not  affect,
   39  impair,  or  invalidate  the remainder thereof, but shall be confined in
   40  its operation to the clause, sentence, paragraph,  subdivision,  section
   41  or part thereof directly involved in the controversy in which such judg-
   42  ment shall have been rendered. It is hereby declared to be the intent of
   43  the  legislature  that  this  act  would  have been enacted even if such
   44  invalid provisions had not been included therewith.
   45    S 11. This act shall take effect immediately; provided that the amend-
   46  ments to sections 183 and 189 of the economic development law,  subdivi-
   47  sion 9 of section 186-a of the tax law and subparagraph 2 of paragraph g
   48  of  the  ninth  undesignated  paragraph  of  section  1005 of the public
   49  authorities law, made by sections one, two, three,  five  and  seven  of
   50  this  act,  shall not affect the expiration of such provisions and shall
   51  be deemed repealed therewith.
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