senate Bill S3599

2013-2014 Legislative Session

Limits New York City water board's authority to increase rates charged

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Archive: Last Bill Status - Passed Senate


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

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Actions

view actions (12)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 16, 2014 referred to corporations, authorities and commissions
delivered to assembly
passed senate
Mar 26, 2014 advanced to third reading
Mar 25, 2014 2nd report cal.
Mar 24, 2014 1st report cal.332
Jan 08, 2014 referred to corporations, authorities and commissions
Jun 21, 2013 committed to rules
May 08, 2013 advanced to third reading
May 07, 2013 2nd report cal.
May 06, 2013 1st report cal.537
Feb 07, 2013 referred to corporations, authorities and commissions

Votes

view votes

Mar 24, 2014 - Corporations, Authorities and Commissions committee Vote

S3599
6
0
committee
6
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Corporations, Authorities and Commissions committee vote details

Corporations, Authorities and Commissions Committee Vote: Mar 24, 2014

May 6, 2013 - Corporations, Authorities and Commissions committee Vote

S3599
4
0
committee
4
Aye
0
Nay
1
Aye with Reservations
0
Absent
1
Excused
0
Abstained
show Corporations, Authorities and Commissions committee vote details

Corporations, Authorities and Commissions Committee Vote: May 6, 2013

aye wr (1)
excused (1)

Co-Sponsors

S3599 - Details

See Assembly Version of this Bill:
A906
Current Committee:
Law Section:
Public Authorities Law
Laws Affected:
Amd ยง1045-j, Pub Auth L
Versions Introduced in Previous Legislative Sessions:
2011-2012: S4369, A2672
2009-2010: A11167

S3599 - Summary

Limits New York City water board's authority to increase rates charged by no more than 5% annually or current rate of inflation, whichever is greater.

S3599 - Sponsor Memo

S3599 - Bill Text download pdf

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

                                  3599

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            February 7, 2013
                               ___________

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

AN  ACT to amend the public authorities law, in relation to increases in
  fees, rates, rents or other charges established by the New  York  city
  water board

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

  Section 1. Subdivision 1 of section 1045-j of the  public  authorities
law,  as added by chapter 513 of the laws of 1984, is amended to read as
follows:
  1. The water board shall establish, fix and revise, from time to time,
fees, rates, rents  or  other  charges  for  the  use  of,  or  services
furnished,  rendered  or made available by, the sewerage system or water
system, or both, as the case may be, owned by the water  board  pursuant
to  this title in such amount  at least sufficient at all times so as to
provide funds in an  amount  sufficient  together  with  other  revenues
available  to the board, if any, (i) to pay to the authority, in accord-
ance with any agreement with the authority, an amount sufficient for the
purpose of paying the principal of and the interest on  the  outstanding
notes or bonds of the authority as the same shall become due and payable
and maintaining or funding a capital or debt service reserve fund there-
for  and,  to  the extent requested by the city in, or annually pursuant
to, the agreement to pay to the city, in accordance with the  agreement,
an  amount  sufficient  for  the  purpose of paying the principal of and
interest on general obligation bonds thereof issued for or allocable  to
the  water system or sewerage system or both, as the case may be, as the
same shall become due and payable, and  to  maintain  or  fund  reserves
therefor,  (ii) to pay to the city, in accordance with the agreement, an
amount sufficient for the purpose of paying the costs of  administering,
maintaining,  repairing and operating and the cost of constructing capi-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02929-01-3

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