Caps annual water rate increases at four percent in a city having a population of one million or more persons.

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A10032-2011 Actions

• May 2, 2012: referred to corporations, authorities and commissions

A10032-2011 Text

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

                                    10032

                            I N  ASSEMBLY

                                 May 2, 2012
                                 ___________

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

  AN ACT to amend the public authorities law, in relation to capping annu-
    al water rate increases at four percent in a city having a  population
    of one million or more persons

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


    Section 1. Section 1045-j of the public authorities law is amended  by
  adding a new subdivision 3-a to read as follows:

    3-A.  NOTWITHSTANDING  ANY PROVISION OF LAW, RULE OR REGULATION TO THE
  CONTRARY, IN A CITY HAVING A POPULATION OF ONE MILLION OR MORE  PERSONS,
  NO  FEE,  RATE,  RENT  OR  OTHER  CHARGE  SHALL BE ESTABLISHED, FIXED OR
  REVISED SO AS TO RESULT IN AN INCREASE OF MORE THAN FOUR PERCENT IN  ANY
  CALENDAR YEAR.
    S 2. This act shall take effect immediately.







   EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                        [ ] is old law to be omitted.
                                                             LBD15497-01-2