Senate Bill S5736

2011-2012 Legislative Session

Reduces the total amount that a utility can be assessed from one percent to one-third of one percent

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Sponsored By

Archive: Last Bill Status - In Senate Committee Finance Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2011-S5736 (ACTIVE) - Details

Current Committee:
Senate Finance
Law Section:
Public Service Law
Laws Affected:
Amd §18-a, Pub Serv L
Versions Introduced in Other Legislative Sessions:
2013-2014: S3029
2015-2016: S4224

2011-S5736 (ACTIVE) - Summary

Reduces the total amount that a utility can be assessed from one percent to one-third of one percent.

2011-S5736 (ACTIVE) - Sponsor Memo

2011-S5736 (ACTIVE) - 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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