Assembly Bill A1554

2009-2010 Legislative Session

Expands the scope of management and operations audits of gas and electric corporations conducted by the public service commission

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Archive: Last Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2009-A1554 (ACTIVE) - Details

Current Committee:
Assembly Corporations, Authorities And Commissions
Law Section:
Public Service Law
Laws Affected:
Amd ยง66, Pub Serv L
Versions Introduced in Other Legislative Sessions:
2011-2012: A2366
2013-2014: A667

2009-A1554 (ACTIVE) - Summary

Expands the scope of management and operations audits of gas and electric corporations conducted by the public service commission; requires copies of such audits to be provided to the governor and various legislative leaders.

2009-A1554 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  1554

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 7, 2009
                               ___________

Introduced by M. of A. GIANARIS, NOLAN, MARKEY, ROSENTHAL, FIELDS, MILL-
  MAN,  PHEFFER,  COOK, ROBINSON, DIAZ, BENEDETTO, JAFFEE -- Multi-Spon-
  sored by -- M. of A. BING,  BOYLAND,  CYMBROWITZ,  DESTITO,  DINOWITZ,
  GOTTFRIED, McENENY, PERRY, REILLY, SAYWARD, SWEENEY, TOWNS, WEISENBERG
  --  read  once and referred to the Committee on Corporations, Authori-
  ties and Commissions

AN ACT to amend the public service law, in relation  to  the  management
  and operations audits of certain utilities

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivision 19 of section 66 of the public service law,  as
added  by  chapter  556 of the laws of 1976 and the closing paragraph as
added by chapter 586 of the laws of 1986, is amended to read as follows:
  19. The commission shall have power  to  provide  for  management  and
operations  audits  of  gas corporations and electric corporations. Such
audits shall be performed AT SUCH TIMES AS THE COMMISSION SHALL  DIRECT,
BUT  AN  AUDIT  SHALL BE PERFORMED at least once every [five years] YEAR
for combination gas and electric companies, as well as for straight  gas
corporations  having  annual  gross  revenues  in  excess of two hundred
million dollars. WHEN ANY SUCH CORPORATION ALSO OPERATES A STEAM  CORPO-
RATION  PURSUANT TO ARTICLE FOUR-A OF THIS CHAPTER, THE COMMISSION SHALL
PROVIDE FOR A MANAGEMENT AND OPERATIONS AUDIT OF THE  STEAM  CORPORATION
IN  THE  TIME  AND  MANNER  SPECIFIED IN THIS SECTION.   The audit shall
include, but not be  limited  to,  an  investigation  of  the  company's
construction  program,  planning [in relation], SECURITY AND MAINTENANCE
OPERATIONS AS THEY RELATE to the needs of  its  customers  for  reliable
service and an evaluation of the efficiency of the company's operations.
THE  AUDIT  SHALL  INCLUDE  INDEPENDENT  VERIFICATION OF THE INFORMATION
PROVIDED BY THE COMPANY. The commission shall have  discretion  to  have
such  audits  performed  by its staff, or by independent auditors.  UPON

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

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