Requires power authority of the state of New York to file a report annually commencing March 31, 2016 with the governor, the comptroller and the chair 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.
S T A T E O F N E W Y O R K
________________________________________________________________________
8477
I N A S S E M B L Y
January 16, 2014
___________
Introduced by M. of A. BRENNAN -- read once and referred to the Commit-
tee 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 SIXTEEN 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.
LBD02269-01-3
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. 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.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.