senate Bill S2613

2013-2014 Legislative Session

Requires the power authority of the state New York to conduct an analysis of the economic viability of certain electric generating facilities

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Sponsored By

Archive: Last Bill Status - In Senate 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 (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to corporations, authorities and commissions
Jan 23, 2013 referred to corporations, authorities and commissions

Co-Sponsors

S2613 - Details

See Assembly Version of this Bill:
A5016
Law Section:
Public Authorities
Versions Introduced in 2011-2012 Legislative Session:
S6842A, A9873A

S2613 - Summary

Requires the power authority to conduct an analysis of the economic viability of certain electric generating facilities.

S2613 - Sponsor Memo

S2613 - Bill Text download pdf

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

                                  2613

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 23, 2013
                               ___________

Introduced  by  Sens.  YOUNG, MAZIARZ -- read twice and ordered printed,
  and when printed to be committed to  the  Committee  on  Corporations,
  Authorities and Commissions

AN  ACT  to  require  the  power  authority  of the state of New York to
  conduct an analysis of the  economic  viability  of  certain  electric
  generating facilities

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

  Section 1. Within 90 days of the effective date of this act, the power
authority of the state of New York shall  conduct  an  analysis  of  the
current economic viability of load producing electric generating facili-
ties  in the counties of Chautauqua, Tompkins and Niagara, and as deemed
feasible and advisable by the trustees of such  authority,  taking  full
consideration  of  the  requirements  and  viability of the entire power
generating system needs of the state of New York with special  consider-
ation  of  the  ratepayers  and taxpayers in Western New York, recommend
entering into a purchase power agreement with the owners  and  operators
of  such  facilities.  Such power purchase agreements shall be effective
upon the conclusion of such 90 day period and be  designed  to  maintain
said  facilities  power  production  capacities  at a rate sufficient to
ensure at least three years worth of no less than a level  of  operating
income necessary to allow said facilities to remain open and functioning
reliably  and  safely  and  fully  staffed at at least ninety percent of
current employment levels, payrolls and local community benefits.
  S 2.  Notwithstanding any limitations or conditions contained in para-
graph 8 of subdivision (a) and paragraph 7 of subdivision (c) of section
188-a of the economic development law, any power purchased by the  power
authority  of  the state of New York pursuant to section one of this act
shall be considered Recharge New York power, and shall  be  utilized  to
augment  Recharge  New York power allocations for eligible businesses as
defined in paragraph 5 or 7 of subdivision (a) of section 188-a  of  the
economic  development  law  that are recommended for a Recharge New York
power allocation pursuant to part CC of chapter 60 of the laws of 2011.
  S 3. This act shall take effect immediately.

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