|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jun 21, 2012||referred to corporations, authorities and commissions|
delivered to assembly
ordered to third reading cal.1523
|Jun 18, 2012||referred to rules|
senate Bill S7789
Archive: Last Bill Status - Passed Senate
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S7789 - Details
- Law Section:
- Public Authorities
S7789 - Sponsor Memo
BILL NUMBER:S7789 TITLE OF BILL: An act directing the power authority of the state of New York to release requests for proposals on certain natural gas powered generating facilities in and around New York city. PURPOSE: To authorize the sale of certain assets of the New York Power Authority (NYPA) in order to establish a fund to encourage repowering of electric generating facilities. SUMMARY OF PROVISIONS: Section one of the bill directs NYPA to issue requests for proposals (RFP) for the purchase of up to ten of NYPA's gas turbine electric generating facilities located in and around New York City. Section 1 also requires NYPA to deposit proceeds from the sale of such facilities into a special fund for the purposes of (i) incentivizing the repowering of certain electric generating facilities and (ii) funding programs to assist municipal corporations that have been adversely affected by the loss of property tax revenues and/or revenues from payments in lieu of tax agreements. Section 2 is the effective date.
S7789 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7789 I N S E N A T E June 18, 2012 ___________ Introduced by Sen. MAZIARZ -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT directing the power authority of the state of New York to release requests for proposals on certain natural gas powered generating facilities in and around New York city THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. (a) The power authority of the state of New York shall within ninety days of the effective date of this act, issue a request for the proposals to purchase from such authority one or more of the ten gas turbine electric generating facilities with a nameplate capacity of less than eighty megawatts each, owned by such authority as of the effective date of this act and located in and around the city of New York. Such request for proposals to sell such generators shall be put out for bid for a maximum of ninety days and shall include the following sites and generation facilities: (1) Two units at Harlem River Yard Plant, located in the Harlem River Yards, at E. 132nd Street, Bronx, New York 10454; (2) Two units at Vernon Boulevard, located at 41-98, 42-02, 42-16 Vernon Boulevard, Long Island City, Queens, New York 11101; (3) Two units at the Hell Gate Plant, located at Locust Avenue, E. 132nd Street to E. 134th Street, Bronx, New York 10454; (4) Two units at the Windsor Terrace Power Plant, located at 3rd Avenue and 23rd Street, Brooklyn, New York 11232; (5) One unit at Pouch Terminal; located at 1 Edgewater Street, Staten Island, New York 10305; and (6) One unit at North First Avenue and River Street, located at 47-79 River Street, Brooklyn, New York 11211. (b) The authority shall issue such requests to determine, among other things, the likely value to New York state for the sale of such genera- tors. The authority shall, within thirty days of the end of the solic- itation period, report on the range of solicited bids to the governor, the temporary president of the senate and the speaker of the assembly, subject to all appropriate and applicable confidentiality requirements EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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