Assembly Bill A11101

Signed By Governor
2009-2010 Legislative Session

Extends the expiration of the power for jobs program and the energy cost savings benefits program

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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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2009-A11101 (ACTIVE) - Details

Law Section:
Economic Development Law
Laws Affected:
Amd §§183 & 189, Ec Dev L; amd §9, Chap 316 of 1997; amd §11, Chap 645 of 2006

2009-A11101 (ACTIVE) - Summary

Extends the expiration of the power for jobs program and the energy cost savings benefits program.

2009-A11101 (ACTIVE) - Sponsor Memo

2009-A11101 (ACTIVE) - Bill Text download pdf

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

                                  11101

                          I N  A S S E M B L Y

                              May 14, 2010
                               ___________

Introduced by M. of A. CAHILL -- read once and referred to the Committee
  on Energy

AN ACT to amend the economic development law; chapter 316 of the laws of
  1997  amending  the  public authorities law and other laws relating to
  the provision of low cost power to foster statewide economic  develop-
  ment; and chapter 645 of the laws of 2006 amending the economic devel-
  opment  law  and    other  laws relating to reauthorizing the New York
  power authority to make contributions to the general fund, in relation
  to extending the expiration of the power  for  jobs  program  and  the
  energy cost savings benefits program

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

  Section 1. Paragraphs 2  and 4 of subdivision (h) of  section  183  of
the  economic  development law, as amended by chapter 217 of the laws of
2009, are amended to read as follows:
  2. During the period commencing on November first, two  thousand  five
and  ending  on  [May  fifteenth] JUNE SECOND, two thousand ten eligible
businesses shall only include customers served under the power authority
of the state of New York's high load factor, economic development  power
and  other  business  customers  served by political subdivisions of the
state authorized by law to engage in the distribution of electric  power
that  were authorized to be served by the authority from the authority's
former James A.  Fitzpatrick nuclear power plant  as  of  the  effective
date  of  this subdivision whose power prices may be subject to increase
before [May fifteenth] JUNE SECOND, two thousand ten. Provided, however,
that the total amount of megawatts of replacement and preservation power
which, due to the extension of the energy cost savings benefits, are not
relinquished by or withdrawn from a recipient  shall  be  deemed  to  be
relinquished or withdrawn for purposes of offering such megawatts by the
authority  for  reallocation pursuant to subdivision thirteen of section
one thousand five of the public authorities law. Provided, further, that
for any such reallocation, the authority shall maintain the same  energy
cost  savings benefit level for all eligible businesses using any avail-
able authority resources as deemed feasible and advisable by  the  trus-

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

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