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Assembly Bill A1975

2015-2016 Legislative Session

Prescribes uniform system of accounts for power authority of state of New York

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Archive: Last Bill Status - In Assembly Committee

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2015-A1975 (ACTIVE) - Details

Current Committee:
Assembly Corporations, Authorities And Commissions
Law Section:
Public Authorities Law
Laws Affected:
Amd ยง1002, Pub Auth L
Versions Introduced in Other Legislative Sessions:
2009-2010: A918
2011-2012: A4250
2013-2014: A4017, A8477
2017-2018: A3773, A9982
2019-2020: A435

2015-A1975 (ACTIVE) - Summary

Requires power authority of the state of New York to file a report annually commencing March 31, 2018 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.

2015-A1975 (ACTIVE) - Bill Text download pdf 

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

                                  1975

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                            January 13, 2015
                               ___________

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 EIGHTEEN 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.
                                                           LBD02507-01-5

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