Bill S1704-2013

Relates to a temporary annual assessment and the effectiveness of part NN of chapter 59 of the laws of 2009

Relates to a temporary annual assessment and the effectiveness of part NN of chapter 59 of the laws of 2009.

Details

Actions

  • Jan 8, 2014: REFERRED TO ENERGY AND TELECOMMUNICATIONS
  • Jan 9, 2013: REFERRED TO ENERGY AND TELECOMMUNICATIONS

Memo

BILL NUMBER:S1704

TITLE OF BILL: An act to amend the public service law, in relation to a temporary annual assessment; to amend part NN of chapter 59 of the laws of 2009 amending the public service law relating to financing operations of the department of public service, in relation to the effectiveness thereof; and to amend the public service law, in relation to reducing the amount a utility can be assessed

PURPOSE: To eliminate the temporary 18-A increase one year early and restore the base assessment back to one-third of one percent.

SUMMARY OF SPECIFIC PROVISIONS: ELIMINATE THE 500 PERCENT ENERGY TAX HIKE: In 2009 this tax was increased from one-third of one percent to two percent, a 500 percent increase. The phase-out of this tax hike from two percent back to the base tax would be accelerated the by one year, from 2014 to 2013.

This bill will also reduce the permanent increase in the base tax from one-third of one percent to one percent that was enacted in 2009. The base rate will be restored to the previous rate of one-third of one percent. This will save New Yorkers $261 million in SFY 2012-13 and another $261 million in SPY 2013-14.

JUSTIFICATION: This bill will reduce utility bills for every resident and business in New York that uses utility services. This reduction will help residents to keep more money in their pockets and will help businesses reduce their cost of doing business allowing them to grow their businesses and create jobs.

PRIOR LEGISLATIVE HISTORY: S. 7662 passed Senate in 2012

FISCAL IMPLICATIONS: This bill will save New York businesses $251 million this year.

EFFECTIVE DATE: This act shall take effect immediately.


Text

STATE OF NEW YORK ________________________________________________________________________ 1704 2013-2014 Regular Sessions IN SENATE (PREFILED) January 9, 2013 ___________
Introduced by Sens. GRISANTI, GALLIVAN, MAZIARZ -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommunications AN ACT to amend the public service law, in relation to a temporary annu- al assessment; to amend part NN of chapter 59 of the laws of 2009 amending the public service law relating to financing operations of the department of public service, in relation to the effectiveness thereof; and to amend the public service law, in relation to reducing the amount a utility can be assessed THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (a) of subdivision 6 of section 18-a of the public service law, as added by section 4 of part NN of chapter 59 of the laws of 2009, is amended to read as follows: (a) Notwithstanding any provision of law to the contrary, and subject to the exceptions provided for in paragraph (b) of this subdivision, for the state fiscal year beginning on April first, two thousand nine and [four] THREE state fiscal years thereafter, a temporary annual assess- ment (hereinafter "temporary state energy and utility service conserva- tion assessment") is hereby imposed on public utility companies (includ- ing for the purposes of this subdivision municipalities other than municipalities as defined in section eighty-nine-l of this chapter), corporations (including for purposes of this subdivision the Long Island power authority), and persons subject to the commission's regulation (hereinafter such public utility companies, corporations, and persons are referred to collectively as the "utility entities") to encourage the conservation of energy and other resources provided through utility entities, to be assessed in the manner provided in this subdivision; provided, however, that such assessment shall not be imposed upon tele-
phone corporations as defined in subdivision seventeen of section two of this article. S 2. Section 6 of part NN of chapter 59 of the laws of 2009, amending the public service law relating to financing operations of the depart- ment of public service is amended to read as follows: S 6. This act shall take effect immediately; provided, however, that subdivision 6 of section 18-a of the public service law, as added by section four of this act shall take effect April 1, 2009 and shall expire and be deemed repealed March 31, [2014] 2013; and provided, further, that if section four of this act shall become law after April 1, 2009, it shall take effect immediately and shall be deemed to have been in full force and effect on and after April 1, 2009. S 3. Paragraph (g) of subdivision 2 of section 18-a of the public service law, as amended by section 2 of part NN of chapter 59 of the laws of 2009, is amended to read as follows: (g) The total amount which may be charged to any public utility compa- ny under authority of this subdivision for any state fiscal year shall not exceed ONE-THIRD OF one per centum of such public utility company's gross operating revenues derived from intrastate utility operations in the last preceding calendar year, or other twelve month period as deter- mined by the chairman; provided, however, that no corporation or person that is subject to the jurisdiction of the commission only with respect to safety, or the power authority of the state of New York, shall be subject to the general assessment provided for under this subdivision. S 4. This act shall take effect immediately and shall be deemed to have been in full force and effect on the same date and in the same manner as part NN of chapter 59 of the laws of 2009 took effect; provided that the amendment to paragraph (a) of subdivision 6 of section 18-a of the public service law made by section one of this act shall not affect the expiration and repeal of such subdivision 6 and shall expire and be deemed repealed therewith; and provided further that section three of this act shall take effect April 1, 2013.

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Comment moderation is generally performed Monday through Friday.

By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Discuss!

blog comments powered by Disqus