senate Bill S7007

Vetoed Amended

Directs the public service commission to conduct a study on gas and electric supply prices

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Bill Status


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Vetoed by Governor
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actions

  • 11 / Apr / 2014
    • REFERRED TO ENERGY AND TELECOMMUNICATIONS
  • 29 / Apr / 2014
    • REPORTED AND COMMITTED TO FINANCE
  • 28 / May / 2014
    • 1ST REPORT CAL.958
  • 29 / May / 2014
    • AMENDED (T) 7007A
  • 29 / May / 2014
    • 2ND REPORT CAL.
  • 02 / Jun / 2014
    • ADVANCED TO THIRD READING
  • 03 / Jun / 2014
    • PASSED SENATE
  • 03 / Jun / 2014
    • DELIVERED TO ASSEMBLY
  • 03 / Jun / 2014
    • REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
  • 12 / Jun / 2014
    • SUBSTITUTED FOR A9503A
  • 12 / Jun / 2014
    • ORDERED TO THIRD READING CAL.864
  • 12 / Jun / 2014
    • PASSED ASSEMBLY
  • 12 / Jun / 2014
    • RETURNED TO SENATE
  • 05 / Dec / 2014
    • DELIVERED TO GOVERNOR
  • 17 / Dec / 2014
    • VETOED MEMO.564

Summary

Directs the public service commission to conduct a study on gas and electric supply prices during the time period commencing on November 1, 2013 and ending on April 30th, 2014.

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Bill Details

See Assembly Version of this Bill:
A9503
Versions:
S7007
S7007A
Legislative Cycle:
2013-2014
Law Section:
Public Service Law
Laws Affected:
Amd ยง5, Pub Serv L

Votes

11
0
11
Aye
0
Nay
0
aye with reservations
0
absent
0
excused
0
abstained
show Energy and Telecommunications committee vote details

Sponsor Memo

BILL NUMBER:S7007

TITLE OF BILL: An act to amend the public service law, in relation to
directing the public service commission to conduct a study on gas and
electric supply prices

Purpose:

to direct the Public Service Commission and the Bulk System Operator
to conduct a study on the causes of large price increases for electric
and gas supply this past winter and provide policy recommendations to
the legislature

Summary of Provisions:

Section 1. Requires the Public Service Commission and the Bulk system
operator to conduct a study to determine the factors that caused major
price spikes on consumer gas and electric bills this past winter.

Section 2. Sets forth the effective Date

Justification:

This past winter saw some of the largest electricity supply price
increases in recent memory. These increases across the state ranged
from 15% to more than 60% and were a shock to consumers who struggled
to pay ever higher utility bills. The Public Service commission and
the Bulk system operator are in the best position to understand and
evaluate the state and national causes of these large price increases.
The Commission's most important statutory duty is to act in the public
interest and nothing could more clearly fall into that category than
explaining why these massive price increases happened and making
recommendations to the legislature about policy changes that might
mitigate these increases in the future. Consumers are justifiably
demanding answers and this bill will help to provide them.

Fiscal Implications:

Minimal-only cost is the value of time spent on this project by
Department of Public Service Staff.

History:

This is a new bill.

Effective Date:

This bill shall take effect immediately.

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

                                  7007

                            I N  S E N A T E

                             April 11, 2014
                               ___________

Introduced  by  Sen. MAZIARZ -- read twice and ordered printed, and when
  printed to be committed to the Committee on  Energy  and  Telecommuni-
  cations

AN  ACT  to  amend  the public service law, in relation to directing the
  public service commission to conduct  a  study  on  gas  and  electric
  supply prices

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

  Section 1. Section 5 of the public service law is amended by adding  a
new subdivision 7 to read as follows:
  7.  A.  WITHIN  FORTY-FIVE DAYS OF THE EFFECTIVE DATE OF THIS SUBDIVI-
SION, THE COMMISSION SHALL CONDUCT A STUDY IN COOPERATION AND  CONSULTA-
TION  WITH  THE  BULK SYSTEM OPERATOR RELATING TO THE CAUSE OR CAUSES OF
INCREASES IN CONSUMER PRICES FOR GAS AND ELECTRIC SUPPLY SERVICE  DURING
THE  TIME PERIOD COMMENCING ON NOVEMBER FIRST, TWO THOUSAND THIRTEEN AND
ENDING ON APRIL THIRTIETH, TWO THOUSAND FOURTEEN.
  B. UPON COMPLETION AND REVIEW OF  THE  DATA  IN  CONNECTION  WITH  THE
STUDY,  THE  COMMISSION  SHALL  ISSUE  A  REPORT TO THE GOVERNOR AND THE
LEGISLATURE WHICH SHALL INCLUDE RECOMMENDATIONS FOR STATUTORY AND  REGU-
LATORY  CHANGES THAT MAY BE IMPLEMENTED IN ORDER TO MITIGATE FUTURE SUCH
INCREASES IN GAS AND ELECTRIC SUPPLY PRICES.
  C. SUCH REPORT SHALL BE COMPLETED NO LATER  THAN  NOVEMBER  FIFTEENTH,
TWO THOUSAND FOURTEEN AND COPIES SHALL BE FORWARDED TO THE GOVERNOR, THE
TEMPORARY  PRESIDENT  OF  THE  SENATE,  THE SPEAKER OF THE ASSEMBLY, THE
CHAIR OF THE SENATE ENERGY AND TELECOMMUNICATIONS COMMITTEE,  THE  CHAIR
OF  THE  ASSEMBLY  ENERGY  COMMITTEE AND ALSO POSTED ON THE DEPARTMENT'S
WEBSITE.
  S 2. This act shall take effect immediately.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD14707-01-4

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