Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Feb 10, 2014 |
reported and committed to finance |
Jan 08, 2014 |
referred to energy and telecommunications |
Jun 04, 2013 |
print number 5583a |
Jun 04, 2013 |
amend and recommit to finance reported and committed to finance |
May 22, 2013 |
referred to energy and telecommunications |
Senate Bill S5583
2013-2014 Legislative Session
Sponsored By
(R, C, IP) Senate District
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
Actions
Votes
Bill Amendments
co-Sponsors
(R, C) 53rd Senate District
2013-S5583 - Details
- Current Committee:
- Senate Finance
- Law Section:
- Public Authorities Law
- Laws Affected:
- Amd §1005, Pub Auth L
2013-S5583 - Sponsor Memo
BILL NUMBER:S5583 TITLE OF BILL: An act to amend the public authorities law, in relation to authorizing unallocated power to be used for the specified purposes PURPOSE: This legislation would authorize the allocation of up to twenty megawatts of power from the Saint Lawrence-FDR project to be used for the purposes of the St. Lawrence River Valley Economic Development Fund. SUMMARY OF PROVISIONS: Section 1 provides that Section 1005 of the Public Authorities Law is amended by adding four undesignated paragraphs to be the thirteenth, fourteenth, fifteenth and sixteenth undersigned paragraphs of the section. Undesignated paragraph thirteen provides that up to twenty megawatts of power from the Saint Lawrence-FDR project can be sold in the wholesale market with the net earnings to be used for the purposes of the St. Lawrence River Valley Economic Development Fund. This paragraph also establishes the agency or agencies that shall administer the fund. Undesignated paragraph fourteen provides the criteria for evaluating
2013-S5583 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5583 2013-2014 Regular Sessions I N S E N A T E May 22, 2013 ___________ Introduced by Sens. RITCHIE, GRIFFO -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Tele- communications AN ACT to amend the public authorities law, in relation to authorizing unallocated power to be used for the specified purposes THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 1005 of the public authorities law is amended by adding four undesignated paragraphs to be the thirteenth, fourteenth, fifteenth and sixteenth undesignated paragraphs to read as follows: THE AUTHORITY IS AUTHORIZED TO ALLOCATE UP TO TWENTY MEGAWATTS OF POWER FROM THE SAINT LAWRENCE-FDR PROJECT HEREAFTER KNOWN AS "ST. LAWRENCE COUNTY ECONOMIC DEVELOPMENT POWER" WHICH IS UNALLOCATED AS OF THE EFFECTIVE DATE OF THIS PARAGRAPH, FOR SALE INTO THE WHOLESALE MARKET, THE NET EARNINGS FROM WHICH AND SUCH OTHER FUNDS OF THE AUTHORI- TY AS DEEMED FEASIBLE AND ADVISABLE BY THE TRUSTEES, SHALL BE USED FOR PURPOSES OF THE ST. LAWRENCE RIVER VALLEY ECONOMIC DEVELOPMENT FUND (HEREINAFTER REFERRED TO AS THE "SLRVED FUND"). SUCH PROCEEDS SHALL BE DISBURSED UPON RECOMMENDATION OF THE ST. LAWRENCE RIVER VALLEY REDEVEL- OPMENT DEVELOPMENT AGENCY AND/OR THE ST. LAWRENCE INDUSTRIAL DEVELOPMENT AGENCY AND/OR THEIR SUCCESSORS (HEREINAFTER THE RVRDA ADVISORY GROUP) PURSUANT TO THE FUND CONTEMPLATED IN THE AGREEMENT TO FUND THE ST. LAWRENCE RIVER VALLEY REDEVELOPMENT DEVELOPMENT AGENCY DATED JUNE 2, 2010 BY AND BETWEEN THE POWER AUTHORITY OF THE STATE OF NEW YORK (PASNY), THE ST. LAWRENCE COUNTY INDUSTRIAL DEVELOPMENT AGENCY LOCAL DEVELOPMENT CORPORATION AND THE PASNY HOST COMMUNITIES ON THE ST. LAWRENCE RIVER INCLUDING THE TOWNS OF WADDINGTON, LOUISVILLE, LISBON AND MASSENA, THE VILLAGES OF WADDINGTON AND MASSENA AND THE COUNTY OF ST. LAWRENCE. FOR PURPOSES OF THIS PARAGRAPH, THE TERM NET EARNINGS SHALL MEAN THE DIFFERENCE BETWEEN THE POWER AUTHORITY'S COST-BASED HYDROELEC- TRIC RATE FOR POWER AND ENERGY AND THE PREVAILING WHOLESALE MARKET PRICE EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11041-01-3
co-Sponsors
(R, C) 53rd Senate District
2013-S5583A (ACTIVE) - Details
- Current Committee:
- Senate Finance
- Law Section:
- Public Authorities Law
- Laws Affected:
- Amd §1005, Pub Auth L
2013-S5583A (ACTIVE) - Sponsor Memo
BILL NUMBER:S5583A TITLE OF BILL: An act to amend the public authorities law, in relation to authorizing unallocated power to be used for the specified purposes PURPOSE: This legislation would authorize the allocation of up to twenty megawatts of power from the Saint Lawrence-FDR project to be used for the purposes of the St. Lawrence River Valley Economic Development Fund. SUMMARY OF PROVISIONS: Section 1 provides that Section 1005 of the Public Authorities Law is amended by adding four undesignated paragraphs to be the thirteenth, fourteenth, fifteenth and sixteenth undersigned paragraphs of the section. Undesignated paragraph thirteen provides that up to twenty megawatts of power from the Saint Lawrence-FDR project can be sold in the wholesale market with the net earnings to be used for the purposes of the St. Lawrence River Valley Economic Development Fund. This paragraph also establishes the agency or agencies that shall administer the fund. Undesignated paragraph fourteen provides the criteria for evaluating
2013-S5583A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5583--A 2013-2014 Regular Sessions I N S E N A T E May 22, 2013 ___________ Introduced by Sens. RITCHIE, GRIFFO -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Tele- communications -- reported favorably from said committee and committed to the Committee on Finance -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the public authorities law, in relation to authorizing unallocated power to be used for the specified purposes THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 1005 of the public authorities law is amended by adding four undesignated paragraphs to be the thirteenth, fourteenth, fifteenth and sixteenth undesignated paragraphs to read as follows: THE AUTHORITY IS AUTHORIZED TO ALLOCATE UP TO TWENTY MEGAWATTS OF POWER FROM THE SAINT LAWRENCE-FDR PROJECT HEREAFTER KNOWN AS "ST. LAWRENCE COUNTY ECONOMIC DEVELOPMENT POWER" WHICH IS UNALLOCATED AS OF THE EFFECTIVE DATE OF THIS PARAGRAPH, FOR SALE INTO THE WHOLESALE MARKET, THE NET EARNINGS FROM WHICH AND SUCH OTHER FUNDS OF THE AUTHORI- TY AS DEEMED FEASIBLE AND ADVISABLE BY THE TRUSTEES, SHALL BE USED FOR PURPOSES OF THE ST. LAWRENCE RIVER VALLEY ECONOMIC DEVELOPMENT FUND (HEREINAFTER REFERRED TO AS THE "SLRVED FUND"). SUCH PROCEEDS SHALL BE DISBURSED UPON RECOMMENDATION OF THE ST. LAWRENCE RIVER VALLEY REDEVEL- OPMENT DEVELOPMENT AGENCY AND/OR THE ST. LAWRENCE INDUSTRIAL DEVELOPMENT AGENCY AND/OR THEIR SUCCESSORS (HEREINAFTER THE RVRDA ADVISORY GROUP) PURSUANT TO THE FUND CONTEMPLATED IN THE AGREEMENT TO FUND THE ST. LAWRENCE RIVER VALLEY REDEVELOPMENT DEVELOPMENT AGENCY DATED JUNE 2, 2010 BY AND BETWEEN THE POWER AUTHORITY OF THE STATE OF NEW YORK (PASNY), THE ST. LAWRENCE COUNTY INDUSTRIAL DEVELOPMENT AGENCY LOCAL DEVELOPMENT CORPORATION AND THE PASNY HOST COMMUNITIES ON THE ST. LAWRENCE RIVER INCLUDING THE TOWNS OF WADDINGTON, LOUISVILLE, LISBON AND MASSENA, THE VILLAGES OF WADDINGTON AND MASSENA AND THE COUNTY OF ST. LAWRENCE. FOR PURPOSES OF THIS PARAGRAPH, THE TERM NET EARNINGS SHALL EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11041-02-3
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