Assembly Bill A5551

2023-2024 Legislative Session

Creates the under-grounding of electrical power or telecommunications lines fund

download bill text pdf

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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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2023-A5551 (ACTIVE) - Details

Current Committee:
Assembly Ways And Means
Law Section:
State Finance Law
Laws Affected:
Add §99-qq, St Fin L
Versions Introduced in 2021-2022 Legislative Session:
A10326

2023-A5551 (ACTIVE) - Summary

Creates the under-grounding of electrical power or telecommunications lines fund to provide for the purpose of moving overhead electrical power or telecommunications lines underground from monies appropriated, including, but not limited to, any funds supplied by the Federal Emergency Management Agency for disaster recovery and hazard mitigation which may be used for state infrastructure repair.

2023-A5551 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5551
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              March 16, 2023
                                ___________
 
 Introduced  by M. of A. SMITH -- read once and referred to the Committee
   on Ways and Means
 
 AN ACT to amend the state finance  law,  in  relation  to  creating  the
   under-grounding of electrical power or telecommunications lines fund
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The state finance law is amended by adding  a  new  section
 99-qq to read as follows:
   §  99-QQ.    UNDER-GROUNDING OF ELECTRICAL POWER OR TELECOMMUNICATIONS
 LINES FUND. 1. THERE IS HEREBY ESTABLISHED IN THE JOINT CUSTODY  OF  THE
 STATE COMPTROLLER AND THE COMMISSIONER OF TAXATION AND FINANCE A SPECIAL
 REVENUE  FUND TO BE KNOWN AS THE "UNDER-GROUNDING OF ELECTRICAL POWER OR
 TELECOMMUNICATIONS LINES FUND".
   2. THE FUND SHALL CONSIST OF ALL MONIES APPROPRIATED FOR  ITS  PURPOSE
 INCLUDED  BUT NOT LIMITED TO ANY FUNDS SUPPLIED BY THE FEDERAL EMERGENCY
 MANAGEMENT AGENCY FOR DISASTER RECOVERY AND HAZARD MITIGATION WHICH  MAY
 BE USED FOR STATE INFRASTRUCTURE REPAIR.
   3.  MONIES  OF THE FUND, WHEN ALLOCATED, SHALL BE DISBURSED TO PROVIDE
 FOR THE PURPOSE OF MOVING  OVERHEAD  ELECTRICAL  POWER  OR  TELECOMMUNI-
 CATIONS  LINES  UNDERGROUND. UNDER THE FUND COUNTIES, TOWNS AND VILLAGES
 MAY APPLY FOR REIMBURSEMENT FROM THE FUND TO  CONTRACT  WITH  POWER  AND
 TELECOMMUNICATIONS  PROVIDERS  AS  PROVIDED  IN  THIS SECTION. COUNTIES,
 TOWNS AND VILLAGES MAY SUPPLY A TWO MAN CREW AND USE OF CERTAIN  PROJECT
 NECESSARY  EQUIPMENT  TO  POWER AND TELECOMMUNICATIONS PROVIDERS FOR THE
 PURPOSE OF MOVING OVERHEAD ELECTRICAL POWER OR TELECOMMUNICATIONS  LINES
 UNDERGROUND.
   § 2. This act shall take effect immediately.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01067-01-3

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