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

                                  8495

                          I N  A S S E M B L Y

                            January 17, 2014
                               ___________

Introduced  by  M. of A. RYAN -- read once and referred to the Committee
  on Corporations, Authorities and Commissions

AN ACT to repeal subdivision 24 of section 1005 of the  public  authori-
  ties  law  relating to the powers and duties of the power authority of
  the state of New York, and to authorize and direct the power authority
  of the state of New York to request information from beneficiaries  of
  certain  settlement  proceedings  and to report thereon; and providing
  for the repeal of certain provisions upon expiration thereof

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

  Section  1.  Subdivision  24 of section 1005 of the public authorities
law, as added by chapter 552 of the laws of 2013, is REPEALED.
  S 2. The power authority of the state of New York ("authority")  shall
transmit  a  written  request for information ("information request") to
(i) each public entity within the state of New York ("state")  and  (ii)
each  private  entity  with  facilities  within the state (collectively,
"entity"), that received an allocation, sub-allocation  or  transfer  of
power,  grant  of money or any other tangible benefit from the authority
as a result of the settlement proceedings related to the relicensing  of
the  authority's  Niagara  power  project approved by the federal energy
regulatory commission that took effect on September 1, 2007.
  (a) The authority shall seek  from  each  such  entity  the  following
information:
  1. all purposes for which the power allocation or grant was used;
  2. whether any portion of the power allocation or grant or any benefit
therefrom  was  sub-allocated or transferred to another person or entity
and, if so, the name and address of each such person or entity;
  3. whether the person or entity has a basis to believe that the  power
allocation or grant contributed to the retention or creation of new jobs
in  the  state  and,  if  so,  the estimated number of jobs retained and
created and the basis for the person or entity's estimate;
  4. whether the power allocation or grant provided any  other  benefits
and, if so, a description of all such benefits; and

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD13458-01-4
              

A. 8495                             2

  5. the results of any audit conducted by the entity concerning the use
of  a power allocation or grant by the entity or any person to which any
portion of the power allocation or grant  was  sub-allocated  or  trans-
ferred.
  (b)  If the person or entity that received a power allocation or grant
lacks any of the  information  described  in  subdivision  (a)  of  this
section with respect to any portion of a grant that was sub-allocated or
transferred  to another person or entity, the authority shall transmit a
written request for information to each such person or  entity  for  the
purpose of obtaining such information.
  (c) Each entity or person that receives a written request for informa-
tion  from the authority pursuant to this act shall cooperate fully with
the authority, provide responsive information in a  timely  manner,  and
comply  with  other  requests and requirements deemed appropriate by the
authority or its designee.
  (d) The authority shall issue a report on the results of the  informa-
tion  requests  authorized  by  this  act by July 1, 2015. The authority
shall include in such report the identity of any entity or  person  that
received  a  request  for  information  from  the  authority but did not
provide responsive information. The authority shall post a copy  of  the
report on the authority's website and transmit a copy of the full report
to  the  governor, the temporary president of the senate, the speaker of
the assembly, the chairs of the  senate  energy  and  telecommunications
committee and the assembly corporations, authorities and commissions and
energy committees.
  (e)  The  information requests and report provided for by this section
may in the authority's discretion be conducted by the authority or by  a
qualified  contractor  selected  by the authority in accordance with the
authority's procurement guidelines.
  S 3. This act shall take effect immediately and  shall  be  deemed  to
have  been in full force and effect on and after the date chapter 552 of
the laws of 2013 took effect; provided, however,  that  section  two  of
this act shall expire and be deemed repealed July 1, 2015.