Assembly Bill A10093A

Signed By Governor
2013-2014 Legislative Session

Enacts the "Northern New York power proceeds allocation act"

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Archive: Last Bill Status - Signed by Governor


  • 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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Bill Amendments

2013-A10093 - Details

See Senate Version of this Bill:
S7870
Law Section:
Economic Development Law
Laws Affected:
Add Art 7-A §§197-a - 197-c, Ec Dev L; amd §1005, Pub Auth L

2013-A10093 - Summary

Enacts the "Northern New York power proceeds allocation act"; establishes the five member northern New York power proceeds allocation board to review and recommend applications for fund benefits pursuant to certain criteria set forth; makes related provisions.

2013-A10093 - Bill Text download pdf

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

                                  10093

                          I N  A S S E M B L Y

                              June 13, 2014
                               ___________

Introduced  by COMMITTEE ON RULES -- (at request of M. of A. Russell) --
  (at request of the Governor) -- read once and referred to the  Commit-
  tee on Energy

AN  ACT to amend the economic development law and the public authorities
  law, in relation to enacting the  northern  New  York  power  proceeds
  allocation 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 "northern New York power proceeds allocation act".
  S  2.  The economic development law is amended by adding a new article
7-A to read as follows:
                               ARTICLE 7-A
             NORTHERN NEW YORK POWER PROCEEDS ALLOCATION ACT
SECTION 197-A. DEFINITIONS.
        197-B. THE NORTHERN NEW YORK POWER PROCEEDS ALLOCATION BOARD.
        197-C. GENERAL POWERS AND DUTIES OF THE BOARD.
  S 197-A. DEFINITIONS. FOR THE PURPOSES OF THIS ARTICLE, THE  FOLLOWING
TERMS SHALL HAVE THE FOLLOWING MEANINGS:
  1. "AUTHORITY" IS THE POWER AUTHORITY OF THE STATE OF NEW YORK.
  2.  "AUTHORITY-TMED CONTRACT" REFERS TO A CERTAIN CONTRACT BETWEEN THE
AUTHORITY AND THE TOWN OF MASSENA ELECTRIC DEPARTMENT, ENTITLED  "AGREE-
MENT  GOVERNING THE SALE OF ST. LAWRENCE-FDR PROJECT POWER AND ENERGY TO
THE  TOWN  OF  MASSENA  ELECTRIC  DEPARTMENT  FOR  ECONOMIC  DEVELOPMENT
PURPOSES,"  EXECUTED  AND  DATED BY THE AUTHORITY ON OCTOBER EIGHTEENTH,
TWO THOUSAND TWELVE, AND THE ASSOCIATED AUTHORITY SERVICE TARIFF  ISSUED
AND EFFECTIVE AUGUST TWENTY-FIRST, TWO THOUSAND TWELVE.
  3.  "BOARD"  IS  THE NORTHERN NEW YORK POWER PROCEEDS ALLOCATION BOARD
CREATED BY THIS ARTICLE.
  4. "BENEFITS" OR "FUND BENEFITS" ARE PAYMENTS TO  ELIGIBLE  APPLICANTS
SELECTED  BY  THE AUTHORITY FOR THE PURPOSE OF FUNDING ELIGIBLE PROJECTS
WITH MONIES DERIVED FROM NET EARNINGS THAT HAVE BEEN DEPOSITED INTO  THE
NORTHERN  NEW YORK ECONOMIC DEVELOPMENT FUND BY THE AUTHORITY IN ACCORD-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD12090-01-4
              

2013-A10093A (ACTIVE) - Details

See Senate Version of this Bill:
S7870
Law Section:
Economic Development Law
Laws Affected:
Add Art 7-A §§197-a - 197-c, Ec Dev L; amd §1005, Pub Auth L

2013-A10093A (ACTIVE) - Summary

Enacts the "Northern New York power proceeds allocation act"; establishes the five member northern New York power proceeds allocation board to review and recommend applications for fund benefits pursuant to certain criteria set forth; makes related provisions.

2013-A10093A (ACTIVE) - Bill Text download pdf

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

                                10093--A

                          I N  A S S E M B L Y

                              June 13, 2014
                               ___________

Introduced  by COMMITTEE ON RULES -- (at request of M. of A. Russell) --
  (at request of the Governor) -- read once and referred to the  Commit-
  tee on Energy -- committee discharged, bill amended, ordered reprinted
  as amended and recommitted to said committee

AN  ACT to amend the economic development law and the public authorities
  law, in relation to enacting the  northern  New  York  power  proceeds
  allocation 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 "northern New York power proceeds allocation act".
  S  2.  The economic development law is amended by adding a new article
7-A to read as follows:
                               ARTICLE 7-A
             NORTHERN NEW YORK POWER PROCEEDS ALLOCATION ACT
SECTION 197-A. DEFINITIONS.
        197-B. THE NORTHERN NEW YORK POWER PROCEEDS ALLOCATION BOARD.
        197-C. GENERAL POWERS AND DUTIES OF THE BOARD.
  S 197-A. DEFINITIONS. FOR THE PURPOSES OF THIS ARTICLE, THE  FOLLOWING
TERMS SHALL HAVE THE FOLLOWING MEANINGS:
  1. "AUTHORITY" IS THE POWER AUTHORITY OF THE STATE OF NEW YORK.
  2.  "AUTHORITY-TMED CONTRACT" REFERS TO A CERTAIN CONTRACT BETWEEN THE
AUTHORITY AND THE TOWN OF MASSENA ELECTRIC DEPARTMENT, ENTITLED  "AGREE-
MENT  GOVERNING THE SALE OF ST. LAWRENCE-FDR PROJECT POWER AND ENERGY TO
THE  TOWN  OF  MASSENA  ELECTRIC  DEPARTMENT  FOR  ECONOMIC  DEVELOPMENT
PURPOSES,"  EXECUTED  AND  DATED BY THE AUTHORITY ON OCTOBER EIGHTEENTH,
TWO THOUSAND TWELVE, AND THE ASSOCIATED AUTHORITY SERVICE TARIFF  ISSUED
AND EFFECTIVE AUGUST TWENTY-FIRST, TWO THOUSAND TWELVE.
  3.  "BOARD"  IS  THE NORTHERN NEW YORK POWER PROCEEDS ALLOCATION BOARD
CREATED BY THIS ARTICLE.
  4. "BENEFITS" OR "FUND BENEFITS" ARE PAYMENTS TO  ELIGIBLE  APPLICANTS
SELECTED  BY  THE AUTHORITY FOR THE PURPOSE OF FUNDING ELIGIBLE PROJECTS
WITH MONIES DERIVED FROM NET EARNINGS THAT HAVE BEEN DEPOSITED INTO  THE
NORTHERN  NEW YORK ECONOMIC DEVELOPMENT FUND BY THE AUTHORITY IN ACCORD-

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

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