|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 08, 2014||referred to corporations, authorities and commissions|
|Jan 23, 2013||referred to corporations, authorities and commissions|
senate Bill S2613
Archive: Last Bill Status - In Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S2613 - Details
S2613 - Summary
Requires the power authority to conduct an analysis of the economic viability of certain electric generating facilities.
S2613 - Sponsor Memo
BILL NUMBER:S2613 TITLE OF BILL: 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 PURPOSE: This act would require the New York power authority to conduct an analysis of the economic viability of certain electric generating facilities. SUMMARY OF PROVISIONS: Section 1 provides that the New York State Power Authority (NYPA) shall conduct an analysis of the current economic viability of base load producing electric generating facilities in Chautauqua, Tompkins and Niagara counties. Based on such analysis, and as deemed feasible and advisable by the NYPA board, the Board shall then recommend entering into a purchase power agreement with such facilities for at least three years. Section 2 provides that power purchased by NYPA pursuant to such agreement with these facilities shall be considered Recharge New York
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.
Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. 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.