|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jun 05, 2012||reported and committed to finance|
|Jan 04, 2012||referred to energy and telecommunications|
returned to senate
died in assembly
|Jun 23, 2011||referred to corporations, authorities and commissions|
|Jun 22, 2011||delivered to assembly|
ordered to third reading cal.1518
|Jun 14, 2011||referred to rules|
senate Bill S5736
Archive: Last Bill Status - In Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S5736 - Details
- Current Committee:
- Law Section:
- Public Service Law
- Laws Affected:
- Amd §18-a, Pub Serv L
S5736 - Summary
Reduces the total amount that a utility can be assessed from one percent to one-third of one percent.
S5736 - Sponsor Memo
BILL NUMBER:S5736 TITLE OF BILL: An act to amend the public service law, in relation to reducing the amount a utility can be assessed PURPOSE: The purpose of this legislation is to allow the 18-A utility assessment to revert back to the original one third of one percent when the two percent surcharge sunsets in 2014. SUMMARY OF PROVISIONS: Section 1 amends paragraph (g) of subdivision 2 of section 18-a of the public service law reducing the base assessment from one percent to one third of one percent. EXISTING LAW: Presently, the base assessment is one percent and the surcharge is two percent minus the amount of the base assessment; effectively a two percent total. The two percent surcharge is scheduled to sunset on March 31, 2014 at which time the 18-A assessment will be one percent.
S5736 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5736 2011-2012 Regular Sessions I N S E N A T E June 14, 2011 ___________ Introduced by Sen. RANZENHOFER -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the public service law, in relation to reducing the amount a utility can be assessed THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (g) of subdivision 2 of section 18-a of the public service law, as amended by section 2 of part NN of chapter 59 of the laws of 2009, is amended to read as follows: (g) The total amount which may be charged to any public utility compa- ny under authority of this subdivision for any state fiscal year shall not exceed ONE-THIRD OF one per centum of such public utility company's gross operating revenues derived from intrastate utility operations in the last preceding calendar year, or other twelve month period as deter- mined by the chairman; provided, however, that no corporation or person that is subject to the jurisdiction of the commission only with respect to safety, or the power authority of the state of New York, shall be subject to the general assessment provided for under this subdivision. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13077-01-1
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