Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 27, 2016 |
print number 1063a |
Jan 27, 2016 |
amend and recommit to corporations, authorities and commissions |
Jan 06, 2016 |
referred to corporations, authorities and commissions |
Jan 08, 2015 |
referred to corporations, authorities and commissions |
Senate Bill S1063A
2015-2016 Legislative Session
Sponsored By
(D, WF) 21st Senate District
Archive: Last Bill Status - In Senate Committee Corporations, Authorities And Commissions 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
Actions
Bill Amendments
2015-S1063 - Details
- Current Committee:
- Senate Corporations, Authorities And Commissions
- Law Section:
- Public Authorities Law
- Laws Affected:
- Amd §§51 & 1005, add §1855-a, Pub Auth L
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S1781
2011-2012: S1056
2013-2014: S1616
2017-2018: S3114
2019-2020: S3584
2021-2022: S3335
2023-2024: S4935
2015-S1063 - Summary
Relates to the power authority of the state of New York and the public authorities control board; prohibits the power authority from undertaking any project or sale of any asset exceeding one million dollars without the approval from the public authorities control board; provides for factors for such determination; creates a temporary special commission on the restructuring of the power authority of the state of New York
2015-S1063 - Sponsor Memo
BILL NUMBER:S1063 TITLE OF BILL: An act to amend the public authorities law, in relation to the power authority of the state of New York and the public authorities control board, and in relation to directing the New York state energy research and development authority to conduct a study related to the state's natural gas infrastructure PURPOSE OR GENERAL IDEA OF BILL: To make the Power Authority of the state of New York (PASNY) subject to oversight by the public Authorities Control Board. And to establish a commission to study the future role of PASNY in a deregulated electric industry. The bill also directs the New York state energy research and development authority to conduct studies related to the state's electric transmission system, the state's natural gas infrastructure and a comprehensive energy plan for the downstate region of the state. SUMMARY OF SPECIFIC PROVISIONS: This bill amends section 51 and 1005 of the public authorities law and adds a new section 1855-a. JUSTIFICATION:
2015-S1063 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1063 2015-2016 Regular Sessions I N S E N A T E January 8, 2015 ___________ Introduced by Sen. PARKER -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions AN ACT to amend the public authorities law, in relation to the power authority of the state of New York and the public authorities control board, and in relation to directing the New York state energy research and development authority to conduct a study related to the state's natural gas infrastructure THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 51 of the public authorities law is amended by adding a new paragraph o to read as follows: O. POWER AUTHORITY OF THE STATE OF NEW YORK S 2. Section 1005 of the public authorities law is amended by adding a new subdivision 11-a to read as follows: 11-A. NOTWITHSTANDING ANY OTHER PROVISION OF LAW TO THE CONTRARY, THE AUTHORITY SHALL NOT UNDERTAKE ANY PROJECT OR SALE OF ANY ASSET EXCEEDING ONE MILLION DOLLARS IN VALUE WITHOUT THE APPROVAL OF THE PUBLIC AUTHORI- TIES CONTROL BOARD CREATED PURSUANT TO ARTICLE ONE-A OF THIS CHAPTER. EACH APPLICATION TO THE PUBLIC AUTHORITIES CONTROL BOARD SHALL CONTAIN A PROJECT DESCRIPTION OR DESCRIPTION OF SALE AND AN EXPLANATION OF WHY THE PROJECT OR SALE MEETS THE STANDARDS FOR PROJECT APPROVAL OR APPROVAL OF SALE SET FORTH IN THIS SUBDIVISION. THE PUBLIC AUTHORITIES CONTROL BOARD SHALL ONLY APPROVE A PROJECT OR SALE PROPOSED BY THE AUTHORITY UPON ITS DETERMINATION THAT: A. THE PROJECT OR SALE IS FINANCIALLY FEASIBLE AS THE STANDARD AS DEFINED IN ARTICLE ONE-A OF THIS CHAPTER; B. THE PROJECT OR SALE IS ANTICIPATED TO RESULT GENERALLY IN LOWER UTILITY RATES IN THE STATE; AND EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06640-01-5 S. 1063 2
2015-S1063A (ACTIVE) - Details
- Current Committee:
- Senate Corporations, Authorities And Commissions
- Law Section:
- Public Authorities Law
- Laws Affected:
- Amd §§51 & 1005, add §1855-a, Pub Auth L
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S1781
2011-2012: S1056
2013-2014: S1616
2017-2018: S3114
2019-2020: S3584
2021-2022: S3335
2023-2024: S4935
2015-S1063A (ACTIVE) - Summary
Relates to the power authority of the state of New York and the public authorities control board; prohibits the power authority from undertaking any project or sale of any asset exceeding one million dollars without the approval from the public authorities control board; provides for factors for such determination; creates a temporary special commission on the restructuring of the power authority of the state of New York
2015-S1063A (ACTIVE) - Sponsor Memo
BILL NUMBER: S1063A TITLE OF BILL : An act to amend the public authorities law, in relation to the power authority of the state of New York and the public authorities control board, and in relation to directing the New York state energy research and development authority to conduct a study related to the state's natural gas infrastructure PURPOSE OR GENERAL IDEA OF BILL : To make the Power Authority of the state of New York (PASNY) subject to oversight by the public Authorities Control Board. And to establish a commission to study the future role of PASNY in a deregulated electric industry. The bill also directs the New York state energy research and development authority to conduct studies related to the state's electric transmission system, the state's natural gas infrastructure and a comprehensive energy plan for the downstate region of the state. SUMMARY OF SPECIFIC PROVISIONS : This bill amends section 51 and 1005 of the public authorities law and adds a new section 1855-a. JUSTIFICATION :
2015-S1063A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1063--A 2015-2016 Regular Sessions I N S E N A T E January 8, 2015 ___________ Introduced by Sen. PARKER -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions -- recommitted to the Committee on Corporations, Authorities and Commissions in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the public authorities law, in relation to the power authority of the state of New York and the public authorities control board, and in relation to directing the New York state energy research and development authority to conduct a study related to the state's natural gas infrastructure THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 51 of the public authorities law is amended by adding a new paragraph o to read as follows: O. POWER AUTHORITY OF THE STATE OF NEW YORK S 2. Section 1005 of the public authorities law is amended by adding a new subdivision 11-a to read as follows: 11-A. NOTWITHSTANDING ANY OTHER PROVISION OF LAW TO THE CONTRARY, THE AUTHORITY SHALL NOT UNDERTAKE ANY PROJECT OR SALE OF ANY ASSET EXCEEDING ONE MILLION DOLLARS IN VALUE WITHOUT THE APPROVAL OF THE PUBLIC AUTHORI- TIES CONTROL BOARD CREATED PURSUANT TO ARTICLE ONE-A OF THIS CHAPTER. EACH APPLICATION TO THE PUBLIC AUTHORITIES CONTROL BOARD SHALL CONTAIN A PROJECT DESCRIPTION OR DESCRIPTION OF SALE AND AN EXPLANATION OF WHY THE PROJECT OR SALE MEETS THE STANDARDS FOR PROJECT APPROVAL OR APPROVAL OF SALE SET FORTH IN THIS SUBDIVISION. THE PUBLIC AUTHORITIES CONTROL BOARD SHALL ONLY APPROVE A PROJECT OR SALE PROPOSED BY THE AUTHORITY UPON ITS DETERMINATION THAT: A. THE PROJECT OR SALE IS FINANCIALLY FEASIBLE AS THE STANDARD AS DEFINED IN ARTICLE ONE-A OF THIS CHAPTER; EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06640-02-6
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