senate Bill S7662

2011-2012 Legislative Session

Relates to a temporary annual assessment and the effectiveness of part NN of chapter 59 of the laws of 2009

download bill text pdf

Sponsored By

Archive: Last Bill Status - Passed Senate


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

do you support this bill?

Actions

view actions (5)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 18, 2012 referred to energy
delivered to assembly
passed senate
ordered to third reading cal.1294
Jun 12, 2012 referred to rules

Votes

view votes

Co-Sponsors

S7662 - Bill Details

Current Committee:
Law Section:
Public Service Law
Laws Affected:
Amd §18-a, Pub Serv L; amd §6, Chap 59 of 2009

S7662 - Bill Texts

view summary

Relates to a temporary annual assessment and the effectiveness of part NN of chapter 59 of the laws of 2009.

view sponsor memo
BILL NUMBER:S7662

TITLE OF BILL:

An act
to amend the public service law, in relation to a temporary annual
assessment;
to amend part NN of chapter 59 of the laws of 2009
amending the public service law relating to financing operations of the
department of public service, in relation to the effectiveness
thereof; and
to amend the public service law, in relation to reducing the amount
a utility can be assessed

PURPOSE:

To eliminate the temporary 18-A increase one year early and restore
the base assessment back to one-third of one percent.

SUMMARY OF PROVISIONS:

ELIMINATE THE 500 PERCENT ENERGY TAX HIKE: In 2009 this tax was
increased from one-third of one percent to two percent, a 500 percent
increase. The phase-out of this tax hike from two percent back to the
base tax would be accelerated the by one year, from 2014 to 2013.

This bill will also reduce the permanent increase in the base tax from
one-third of one percent to one percent that was enacted in 2009. The
base rate will be restored to the previous rate of one-third of one
percent. This will save New Yorkers $261 million in SFY 2012-13 and
another $261 million in SFY 2013-14.

JUSTIFICATION:

This bill will reduce utility bills for every resident and business in
New York that uses utility services.
This reduction will help residents to keep more money in their pockets
and will help businesses reduce their cost of doing business allowing
them to grow their businesses and create jobs.

LEGISLATIVE HISTORY:

This is a new bill.

FISCAL IMPLICATIONS:

This bill will save New York businesses $261 million this year.

EFFECTIVE DATE:

Effective immediately.

view full text
download pdf
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  7662

                            I N  S E N A T E

                              June 12, 2012
                               ___________

Introduced  by Sen. GRISANTI -- 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 a temporary annu-
  al assessment; to amend part NN of chapter 59  of  the  laws  of  2009
  amending  the  public  service law relating to financing operations of
  the department of public service, in  relation  to  the  effectiveness
  thereof;  and 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  (a)  of  subdivision  6 of section 18-a of the
public service law, as added by section 4 of part NN of  chapter  59  of
the laws of 2009, is amended to read as follows:
  (a)  Notwithstanding any provision of law to the contrary, and subject
to the exceptions provided for in paragraph (b) of this subdivision, for
the state fiscal year beginning on April first, two  thousand  nine  and
[four]  THREE  state fiscal years thereafter, a temporary annual assess-
ment (hereinafter "temporary state energy and utility service  conserva-
tion assessment") is hereby imposed on public utility companies (includ-
ing  for  the  purposes  of  this  subdivision municipalities other than
municipalities as defined in section  eighty-nine-l  of  this  chapter),
corporations (including for purposes of this subdivision the Long Island
power  authority),  and  persons  subject to the commission's regulation
(hereinafter such public utility companies,  corporations,  and  persons
are referred to collectively as the "utility entities") to encourage the
conservation  of  energy  and  other  resources provided through utility
entities, to be assessed in the manner  provided  in  this  subdivision;
provided,  however, that such assessment shall not be imposed upon tele-
phone corporations as defined in subdivision seventeen of section two of
this article.
  S 2. Section 6 of part NN of chapter 59 of the laws of 2009,  amending
the  public  service law relating to financing operations of the depart-
ment of public service is amended to read as follows:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD16221-01-2

S. 7662                             2

  S 6. This act shall take effect immediately; provided,  however,  that
subdivision  6  of  section  18-a of the public service law, as added by
section four of this act shall take  effect  April  1,  2009  and  shall
expire  and  be  deemed  repealed  March  31, [2014] 2013; and provided,
further,  that  if section four of this act shall become law after April
1, 2009, it shall take effect immediately and shall be  deemed  to  have
been in full force and effect on and after April 1, 2009.
  S  3.  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  4.  This  act  shall take effect immediately and shall be deemed to
have been in full force and effect on the same  date  and  in  the  same
manner  as  part  NN  of  chapter  59  of  the laws of 2009 took effect;
provided that the amendment to paragraph (a) of subdivision 6 of section
18-a of the public service law made by section one of this act shall not
affect the expiration and repeal of such subdivision 6 and shall  expire
and  be  deemed  repealed  therewith;  and provided further that section
three of this act shall take effect April 1, 2013.

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Comment moderation is generally performed Monday through Friday.

By contributing or voting you agree to the Terms of Participation and verify you are over 13.