S T A T E O F N E W Y O R K
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10032
I N A S S E M B L Y
May 2, 2012
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Introduced by M. of A. GOLDFEDER -- read once and referred to the
Committee on Corporations, Authorities and Commissions
AN ACT to amend the public authorities law, in relation to capping annu-
al water rate increases at four percent in a city having a population
of one million or more persons
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 1045-j of the public authorities law is amended by
adding a new subdivision 3-a to read as follows:
3-A. NOTWITHSTANDING ANY PROVISION OF LAW, RULE OR REGULATION TO THE
CONTRARY, IN A CITY HAVING A POPULATION OF ONE MILLION OR MORE PERSONS,
NO FEE, RATE, RENT OR OTHER CHARGE SHALL BE ESTABLISHED, FIXED OR
REVISED SO AS TO RESULT IN AN INCREASE OF MORE THAN FOUR PERCENT IN ANY
CALENDAR YEAR.
S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD15497-01-2