senate Bill S2532A

2013-2014 Legislative Session

Enacts the power generation modernization act to provide assistance and incentive for electric generating facilities to meet certain environmental standards

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Archive: Last Bill Status - In Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (7)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 09, 2014 print number 2532b
amend and recommit to energy and telecommunications
Jan 08, 2014 referred to energy and telecommunications
Feb 27, 2013 reported and committed to finance
Feb 13, 2013 print number 2532a
amend and recommit to energy and telecommunications
Jan 18, 2013 referred to energy and telecommunications

Votes

view votes

Feb 27, 2013 - Energy and Telecommunications committee Vote

S2532A
8
0
committee
8
Aye
0
Nay
3
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Energy and Telecommunications committee vote details

Energy and Telecommunications Committee Vote: Feb 27, 2013

aye wr (3)

Bill Amendments

Original
A
B (Active)
Original
A
B (Active)

Co-Sponsors

S2532 - Details

See Assembly Version of this Bill:
A5905
Current Committee:
Law Section:
State Finance Law
Laws Affected:
Add §85, St Fin L; amd §19-0301, En Con L

S2532 - Summary

Enacts the power generation modernization act to provide assistance and incentive for electric generating facilities to meet certain environmental standards; directs the power authority to release requests for proposals on certain natural gas powered generating facilities.

S2532 - Sponsor Memo

S2532 - Bill Text download pdf

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

                                  2532

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 18, 2013
                               ___________

Introduced  by  Sens. MAZIARZ, LARKIN, MARCELLINO, RITCHIE -- read twice
  and ordered printed, and when printed to be committed to the Committee
  on Energy and Telecommunications

AN ACT to amend the state finance law and the environmental conservation
  law, in relation to the power generation modernization act and direct-
  ing 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.  This  act  shall  be known and may be cited as the "Power
Generation Modernization Act".
  S 2. The state finance law is amended by adding a new  section  85  to
read as follows:
  S  85.  POWER  PLANT  MODERNIZATION  AND COMMUNITY ASSISTANCE FUND. 1.
THERE IS HEREBY ESTABLISHED IN THE JOINT CUSTODY OF THE COMPTROLLER  AND
THE  DEPARTMENT  OF TAXATION AND FINANCE A POWER PLANT MODERNIZATION AND
COMMUNITY ASSISTANCE FUND, DIVIDED INTO A GENERAL  FUND  AND  INDIVIDUAL
REPOWERING  SAVINGS  ACCOUNTS  UNIQUE  AND  SPECIFIC TO INDIVIDUAL MAJOR
ELECTRIC GENERATING FACILITIES WHICH MEET SPECIFIC CRITERIA SET FORTH IN
THIS SECTION RELATING  TO  MODERNIZATION  OF  SUCH  FACILITIES  TO  MEET
SPECIFIC ENVIRONMENTAL STANDARDS.
  2.  (A)  THE  POWER  PLANT MODERNIZATION AND COMMUNITY ASSISTANCE FUND
SHALL CONSIST OF REVENUES FROM THE POTENTIAL SALE OF SPECIFIED ASSETS OF
THE NEW YORK POWER AUTHORITY PURSUANT TO SECTION FOUR OF  A  CHAPTER  OF
THE LAWS OF 2013 WHICH ADDED THIS SUBDIVISION, ANY REVENUES DERIVED FROM
REGULATIONS  ADOPTED  BY  THE  DEPARTMENT  OF ENVIRONMENTAL CONSERVATION
PURSUANT TO SUBDIVISION SIX OF  SECTION  19-0301  OF  THE  ENVIRONMENTAL
CONSERVATION  LAW,  PROCEEDS COLLECTED BUT NOT ALLOCATED BY THE NEW YORK
STATE ENERGY RESEARCH AND DEVELOPMENT AUTHORITY FROM THE AUCTION, PURSU-
ANT TO REGULATIONS OF SUCH AUTHORITY, OF EMISSION  ALLOWANCES  ALLOCATED

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04684-02-3

Co-Sponsors

S2532A - Details

See Assembly Version of this Bill:
A5905
Current Committee:
Law Section:
State Finance Law
Laws Affected:
Add §85, St Fin L; amd §19-0301, En Con L

S2532A - Summary

Enacts the power generation modernization act to provide assistance and incentive for electric generating facilities to meet certain environmental standards; directs the power authority to release requests for proposals on certain natural gas powered generating facilities.

S2532A - Sponsor Memo

S2532A - Bill Text download pdf

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

                                 2532--A

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 18, 2013
                               ___________

Introduced  by  Sens. MAZIARZ, LARKIN, MARCELLINO, RITCHIE -- read twice
  and ordered printed, and when printed to be committed to the Committee
  on  Energy  and  Telecommunications  --  committee  discharged,   bill
  amended,  ordered reprinted as amended and recommitted to said commit-
  tee

AN ACT to amend the state finance law and the environmental conservation
  law, in relation to the power generation modernization act and direct-
  ing 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.  This  act  shall  be known and may be cited as the "Power
Generation Modernization Act".
  S 2. The state finance law is amended by adding a new  section  85  to
read as follows:
  S  85.  POWER  PLANT  MODERNIZATION  AND COMMUNITY ASSISTANCE FUND. 1.
THERE IS HEREBY ESTABLISHED IN THE JOINT CUSTODY OF THE COMPTROLLER  AND
THE  DEPARTMENT  OF TAXATION AND FINANCE A POWER PLANT MODERNIZATION AND
COMMUNITY ASSISTANCE FUND, DIVIDED INTO A GENERAL  FUND  AND  INDIVIDUAL
REPOWERING  SAVINGS  ACCOUNTS  UNIQUE  AND  SPECIFIC TO INDIVIDUAL MAJOR
ELECTRIC GENERATING FACILITIES WHICH MEET SPECIFIC CRITERIA SET FORTH IN
THIS SECTION RELATING  TO  MODERNIZATION  OF  SUCH  FACILITIES  TO  MEET
SPECIFIC ENVIRONMENTAL STANDARDS.
  2.  (A)  THE  POWER  PLANT MODERNIZATION AND COMMUNITY ASSISTANCE FUND
SHALL CONSIST OF REVENUES FROM THE POTENTIAL SALE OF SPECIFIED ASSETS OF
THE NEW YORK POWER AUTHORITY PURSUANT TO SECTION FOUR OF THE CHAPTER  OF
THE LAWS OF TWO THOUSAND THIRTEEN WHICH ADDED THIS SECTION, ANY REVENUES
DERIVED  FROM  REGULATIONS  ADOPTED  BY  THE DEPARTMENT OF ENVIRONMENTAL
CONSERVATION PURSUANT TO SUBDIVISION SIX OF SECTION 19-0301 OF THE ENVI-
RONMENTAL CONSERVATION LAW, PROCEEDS COLLECTED BUT NOT ALLOCATED BY  THE

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04684-03-3

Co-Sponsors

S2532B (ACTIVE) - Details

See Assembly Version of this Bill:
A5905
Current Committee:
Law Section:
State Finance Law
Laws Affected:
Add §85, St Fin L; amd §19-0301, En Con L

S2532B (ACTIVE) - Summary

Enacts the power generation modernization act to provide assistance and incentive for electric generating facilities to meet certain environmental standards; directs the power authority to release requests for proposals on certain natural gas powered generating facilities.

S2532B (ACTIVE) - Sponsor Memo

S2532B (ACTIVE) - Bill Text download pdf

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

                                 2532--B

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 18, 2013
                               ___________

Introduced  by  Sens. MAZIARZ, LARKIN, MARCELLINO, RITCHIE -- read twice
  and ordered printed, and when printed to be committed to the Committee
  on  Energy  and  Telecommunications  --  committee  discharged,   bill
  amended,  ordered reprinted as amended and recommitted to said commit-
  tee -- recommitted to the Committee on Energy  and  Telecommunications
  in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill
  amended,  ordered reprinted as amended and recommitted to said commit-
  tee

AN ACT to amend the state finance law and the environmental conservation
  law, in relation to the power generation modernization act and direct-
  ing 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.  This  act  shall  be known and may be cited as the "Power
Generation Modernization Act".
  S 2. The state finance law is amended by adding a new  section  85  to
read as follows:
  S  85.  POWER  PLANT  MODERNIZATION  AND COMMUNITY ASSISTANCE FUND. 1.
THERE IS HEREBY ESTABLISHED IN THE JOINT CUSTODY OF THE COMPTROLLER  AND
THE  DEPARTMENT  OF TAXATION AND FINANCE A POWER PLANT MODERNIZATION AND
COMMUNITY ASSISTANCE FUND, DIVIDED INTO A GENERAL  FUND  AND  INDIVIDUAL
REPOWERING  SAVINGS  ACCOUNTS  UNIQUE  AND  SPECIFIC TO INDIVIDUAL MAJOR
ELECTRIC GENERATING FACILITIES WHICH MEET THE CRITERIA SET FORTH IN THIS
SECTION RELATING TO MODERNIZATION OF SUCH  FACILITIES  TO  MEET  CERTAIN
ENVIRONMENTAL STANDARDS.
  2.  (A)  THE  POWER  PLANT MODERNIZATION AND COMMUNITY ASSISTANCE FUND
SHALL CONSIST OF REVENUES FROM THE POTENTIAL SALE OF SPECIFIED ASSETS OF
THE NEW YORK POWER AUTHORITY PURSUANT TO SECTION FOUR OF THE CHAPTER  OF
THE LAWS OF TWO THOUSAND FOURTEEN WHICH ADDED THIS SECTION, ANY REVENUES

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04684-05-3

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