Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 05, 2022 |
referred to corporations, authorities and commissions |
Apr 12, 2021 |
referred to corporations, authorities and commissions |
Assembly Bill A6853
2021-2022 Legislative Session
Sponsored By
THIELE
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
Actions
co-Sponsors
Steven Englebright
Kimberly Jean-Pierre
Michael Montesano
Edward Ra
2021-A6853 (ACTIVE) - Details
- See Senate Version of this Bill:
- S4535
- Current Committee:
- Assembly Corporations, Authorities And Commissions
- Law Section:
- Public Authorities Law
- Laws Affected:
- Amd §1020-f, Pub Auth L; amd §3-b, Pub Serv L
- Versions Introduced in Other Legislative Sessions:
-
2017-2018:
A9042, S7434
2019-2020: A6363, S4317
2021-A6853 (ACTIVE) - Summary
Enacts the "Long Island power authority rate reform act"; requires that the board of trustees of LIPA not approve a final rate plan until it holds a public hearing in each county within the service area upon at least thirty days notice to the public; requires that the department of public service shall not recommend a rate increase to offset revenue loss due to energy conservation efforts by consumers.
2021-A6853 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6853 2021-2022 Regular Sessions I N A S S E M B L Y April 12, 2021 ___________ Introduced by M. of A. THIELE, ENGLEBRIGHT, JEAN-PIERRE, MONTESANO, RA, M. MILLER -- read once and referred to the Committee on Corporations, Authorities and Commissions AN ACT to amend the public authorities law and the public service law, in relation to enacting the "Long Island power authority rate reform act" THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Short title. This act shall be known and may be cited as the "Long Island power authority rate reform act". § 2. Subdivision (u) of section 1020-f of the public authorities law, as added by section 7 of part A of chapter 173 of the laws of 2013, and paragraph 2-a as added by chapter 471 of the laws of 2014, is amended to read as follows: (u) Rate plans. Subject to subdivision six of section one thousand twenty-k of this title to fix rates and charges for the furnishing or rendition of gas or electric power or of any related service at the lowest level consistent with sound fiscal and operating practices of the authority and which provide for safe and adequate service. In implement- ing this power: 1. The authority and the service provider shall, on or before February first, two thousand fifteen, submit for review to the department of public service a three-year rate proposal for rates and charges to take effect on or after January first, two thousand sixteen. 2. The authority and the service provider shall thereafter submit for review to the department of public service any rate proposal that would increase the rates and charges and thus increase the aggregate revenues of the authority by more than two and one-half percent to be measured on an annual basis[; provided, however, that the authority may place such rates and charges into effect on an interim basis, subject to prospec- tive rate adjustment; provided, further, that a final rate plan issued EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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