Assembly Bill A8495

Signed By Governor
2013-2014 Legislative Session

Authorizes and directs the NYSPA to request information from beneficiaries of certain settlement proceedings and to report thereon; repealer

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Archive: Last Bill Status Via S6244 - 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-A8495 (ACTIVE) - Details

See Senate Version of this Bill:
S6244
Law Section:
Public Authorities Law
Laws Affected:
Rpld ยง1005 sub 24, Pub Auth L

2013-A8495 (ACTIVE) - Summary

Authorizes and directs the NYSPA to request information from beneficiaries of certain settlement proceedings and to report thereon.

2013-A8495 (ACTIVE) - Bill Text download pdf

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

                                  8495

                          I N  A S S E M B L Y

                            January 17, 2014
                               ___________

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

AN ACT to repeal subdivision 24 of section 1005 of the  public  authori-
  ties  law  relating to the powers and duties of the power authority of
  the state of New York, and to authorize and direct the power authority
  of the state of New York to request information from beneficiaries  of
  certain  settlement  proceedings  and to report thereon; and providing
  for the repeal of certain provisions upon expiration thereof

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

  Section  1.  Subdivision  24 of section 1005 of the public authorities
law, as added by chapter 552 of the laws of 2013, is REPEALED.
  S 2. The power authority of the state of New York ("authority")  shall
transmit  a  written  request for information ("information request") to
(i) each public entity within the state of New York ("state")  and  (ii)
each  private  entity  with  facilities  within the state (collectively,
"entity"), that received an allocation, sub-allocation  or  transfer  of
power,  grant  of money or any other tangible benefit from the authority
as a result of the settlement proceedings related to the relicensing  of
the  authority's  Niagara  power  project approved by the federal energy
regulatory commission that took effect on September 1, 2007.
  (a) The authority shall seek  from  each  such  entity  the  following
information:
  1. all purposes for which the power allocation or grant was used;
  2. whether any portion of the power allocation or grant or any benefit
therefrom  was  sub-allocated or transferred to another person or entity
and, if so, the name and address of each such person or entity;
  3. whether the person or entity has a basis to believe that the  power
allocation or grant contributed to the retention or creation of new jobs
in  the  state  and,  if  so,  the estimated number of jobs retained and
created and the basis for the person or entity's estimate;
  4. whether the power allocation or grant provided any  other  benefits
and, if so, a description of all such benefits; and

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD13458-01-4
              

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