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Assembly Bill A4250A

2011-2012 Legislative Session

Prescribes uniform system of accounts for power authority of state of New York

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Archive: Last Bill Status - In Senate Committee Energy And Telecommunications Committee

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Bill Amendments

co-Sponsors

multi-Sponsors

2011-A4250 - Details

See Senate Version of this Bill:
S5549
Current Committee:
Senate Energy And Telecommunications
Law Section:
Public Authorities Law
Laws Affected:
Amd §1002, Pub Auth L
Versions Introduced in Other Legislative Sessions:
2009-2010: A918
2013-2014: A4017, A8477, S1183
2015-2016: A1975
2017-2018: A3773, A9982
2019-2020: A435

2011-A4250 - Summary

Requires power authority of the state of New York to file a report annually commencing March 31, 2015 with the governor, the comptroller and the chairmen of the assembly ways and means and the senate finance committees, respectively, on its operations and transactions conforming, as far as feasible, with the uniform system of accounts required for electric corporations pursuant to the public service law.

2011-A4250 - Bill Text download pdf 

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

                                  4250

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                            February 2, 2011
                               ___________

Introduced  by  M.  of  A.  GABRYSZAK  -- Multi-Sponsored by -- M. of A.
  AUBRY, CAHILL, COOK, ENGLEBRIGHT, GOTTFRIED, JACOBS,  ORTIZ,  PHEFFER,
  PRETLOW  --  read  once and referred to the Committee on Corporations,
  Authorities and Commissions

AN ACT to amend the public authorities law, in relation to prescribing a
  uniform system of accounts for the power authority of the state of New
  York

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

  Section  1.  Section 1002 of the public authorities law  is amended by
adding a new subdivision 3 to read as follows:
  3.  ON MARCH THIRTY-FIRST, TWO THOUSAND FIFTEEN AND EVERY YEAR  THERE-
AFTER  ON  SUCH  DATE,  THE  AUTHORITY SHALL FILE WITH THE GOVERNOR, THE
COMPTROLLER, THE CHAIR OF THE ASSEMBLY WAYS AND MEANS COMMITTEE AND  THE
CHAIR OF THE SENATE FINANCE COMMITTEE AN ANNUAL REPORT FOR THE PRECEDING
CALENDAR  YEAR  THAT  SHALL CONFORM, IN EXACT LIKE MANNER, TO THE ANNUAL
REPORT FILED BY ELECTRIC CORPORATIONS WITH THE PUBLIC SERVICE COMMISSION
UNDER THE APPLICABLE PROVISIONS OF THE PUBLIC SERVICE LAW. IN SO  DOING,
THE  AUTHORITY SHALL COMPLY WITH THE UNIFORM SYSTEM OF ACCOUNTS REQUIRED
FOR ELECTRIC CORPORATIONS UNDER THE APPLICABLE PROVISIONS OF THE  PUBLIC
SERVICE LAW.
  S 2. The fourth undesignated paragraph of section 1010-a of the public
authorities law, as added by chapter 146 of the laws of 1951, is amended
to read as follows:
  Subject  to  agreements  with  noteholders  and  bondholders  and  the
approval of the comptroller, the authority shall prescribe a  system  of
accounts.  THE  AUTHORITY  MAY  CONFORM  ITS  SYSTEM  OF ACCOUNTS TO THE
ACCOUNTING SYSTEM REQUIRED FOR REPORTS FILED  PURSUANT  TO  SECTION  ONE
THOUSAND TWO OF THIS TITLE.
  S 3. Section 2800 of the public authorities law is amended by adding a
new subdivision 5 to read as follows:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07783-01-1

co-Sponsors

multi-Sponsors

2011-A4250A (ACTIVE) - Details

See Senate Version of this Bill:
S5549
Current Committee:
Senate Energy And Telecommunications
Law Section:
Public Authorities Law
Laws Affected:
Amd §1002, Pub Auth L
Versions Introduced in Other Legislative Sessions:
2009-2010: A918
2013-2014: A4017, A8477, S1183
2015-2016: A1975
2017-2018: A3773, A9982
2019-2020: A435

2011-A4250A (ACTIVE) - Summary

Requires power authority of the state of New York to file a report annually commencing March 31, 2015 with the governor, the comptroller and the chairmen of the assembly ways and means and the senate finance committees, respectively, on its operations and transactions conforming, as far as feasible, with the uniform system of accounts required for electric corporations pursuant to the public service law.

2011-A4250A (ACTIVE) - Bill Text download pdf 

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

                                 4250--A

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                            February 2, 2011
                               ___________

Introduced by M. of A. GABRYSZAK, BRENNAN -- Multi-Sponsored by -- M. of
  A.  AUBRY,  CAHILL, COOK, ENGLEBRIGHT, GOTTFRIED, JACOBS, ORTIZ, PHEF-
  FER, PRETLOW -- read once and referred  to  the  Committee  on  Corpo-
  rations,  Authorities  and  Commissions  -- committee discharged, bill
  amended, ordered reprinted as amended and recommitted to said  commit-
  tee

AN ACT to amend the public authorities law, in relation to prescribing a
  uniform system of accounts for the power authority of the state of New
  York

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

  Section 1. Section 1002 of the public authorities law   is amended  by
adding a new subdivision 3 to read as follows:
  3.   ON MARCH THIRTY-FIRST, TWO THOUSAND FIFTEEN AND EVERY YEAR THERE-
AFTER ON SUCH DATE, THE AUTHORITY SHALL  FILE  WITH  THE  GOVERNOR,  THE
COMPTROLLER,  THE  CHAIR  OF  THE ASSEMBLY WAYS AND MEANS COMMITTEE, THE
CHAIR OF THE SENATE FINANCE COMMITTEE AND THE AUTHORITY BUDGET OFFICE AN
ANNUAL REPORT FOR THE PRECEDING CALENDAR YEAR  THAT  SHALL  CONFORM,  IN
EXACT  LIKE  MANNER, TO THE ANNUAL REPORT FILED BY ELECTRIC CORPORATIONS
WITH THE PUBLIC  SERVICE  COMMISSION  PURSUANT  TO  SUBDIVISION  SIX  OF
SECTION  SIXTY-SIX OF THE PUBLIC SERVICE LAW. IN SO DOING, THE AUTHORITY
SHALL COMPLY WITH THE UNIFORM SYSTEM OF ACCOUNTS REQUIRED  FOR  ELECTRIC
CORPORATIONS  PURSUANT  TO  SUBDIVISION  SIX OF SECTION SIXTY-SIX OF THE
PUBLIC SERVICE LAW AND ALL APPLICABLE RULES AND REGULATIONS.
  S 2. This act shall take effect immediately.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07783-02-1

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