Senate Bill S5844

Signed By Governor
2013-2014 Legislative Session

Relates to the powers and duties of the department of public service and the Long Island power authority; repealer

download bill text pdf

Sponsored By

There are no sponsors of this bill.

Archive: Last Bill Status Via A8073 - 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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2013-S5844 (ACTIVE) - Details

See Assembly Version of this Bill:
A8073
Law Section:
Public Service Law
Laws Affected:
Amd Various Laws, generally

2013-S5844 (ACTIVE) - Summary

Relates to the powers and duties of the department of public service and the Long Island power authority; reconstitutes the makeup of the board of trustees of LIPA; repealer (part A); relates to the issuance of securitized bonds to refinance outstanding debt of the Long Island power authority (part B).

2013-S5844 (ACTIVE) - Sponsor Memo

2013-S5844 (ACTIVE) - Bill Text download pdf

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

                                  5844

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                              June 17, 2013
                               ___________

Introduced by COMMITTEE ON RULES -- (at request of the Governor) -- read
  twice  and  ordered  printed,  and when printed to be committed to the
  Committee on Rules

AN ACT to amend the public service law, the public authorities law,  the
  executive  law  and  the  education law, in relation to the powers and
  duties of the department of public service and the Long  Island  power
  authority;  to  repeal subdivision (u) of section 1020-f of the public
  authorities law relating to  general  powers  of  the  authority;  and
  providing for the repeal of certain provisions upon expiration thereof
  (Part A); and in relation to the issuance of securitized restructuring
  bonds  to  refinance  the  outstanding  debt  of the Long Island power
  authority (Part B)

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

  Section  1.   This act enacts into law major components of legislation
relating to issues deemed necessary by the state.    Each  component  is
wholly  contained  within  a  Part  identified as Parts A through B. The
effective date for each particular provision contained within such  Part
is  set  forth  in  the  last section of such Part. Any provision in any
section contained within a Part, including the  effective  date  of  the
Part,  which  makes  reference  to a section "of this act", when used in
connection with a particular component, shall  be  deemed  to  mean  and
refer  to  the  corresponding  section of the Part in which it is found.
Section three of this act sets forth the general effective date of  this
act.

                                 PART A

  Section  1. Section 3 of the public service law, as amended by chapter
8 of the laws of 2012, is amended and a new section 3-b is added to read
as follows:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD12029-11-3
              

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