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Senate Bill S4224

2015-2016 Legislative Session

Reduces the total amount that a utility can be assessed from one percent to one-third of one percent

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Archive: Last Bill Status - In Senate Committee Energy And Telecommunications Committee

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2015-S4224 (ACTIVE) - Details

Current Committee:
Senate Energy And Telecommunications
Law Section:
Public Service Law
Laws Affected:
Amd ยง18-a, Pub Serv L
Versions Introduced in Other Legislative Sessions:
2011-2012: S5736
2013-2014: S3029

2015-S4224 (ACTIVE) - Summary

Reduces the total amount that a utility can be assessed from one percent to one-third of one percent.

2015-S4224 (ACTIVE) - Sponsor Memo

2015-S4224 (ACTIVE) - Bill Text download pdf 

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

                                  4224

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                             March 11, 2015
                               ___________

Introduced  by  Sen.  RANZENHOFER -- read twice and ordered printed, and
  when printed to be committed to the Committee on Energy and Telecommu-
  nications

AN ACT to amend the public service law,  in  relation  to  reducing  the
  amount a utility can be assessed

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

  Section 1.  Paragraph (g) of subdivision 2  of  section  18-a  of  the
public  service law, as amended by section 2 of part A of chapter 173 of
the laws of 2013, is amended to read as follows:
  (g) The total amount which may be charged to any public utility compa-
ny and the Long Island power authority under authority of this  subdivi-
sion  for  any  state  fiscal year shall not exceed ONE-THIRD OF one per
centum of such public utility company's or authority's  gross  operating
revenues  derived from intrastate utility operations in the last preced-
ing calendar year, or other twelve month period  as  determined  by  the
chairman;  provided,  however,  that  no  corporation  or person that is
subject to the jurisdiction of the commission only with respect to safe-
ty, or the power authority of the state of New York, shall be subject to
the general assessment provided for under this subdivision.
  Notwithstanding the provisions of subdivision one of this section, for
telephone corporations as defined in subdivision  seventeen  of  section
two  of  this article, the total amount which may be charged such corpo-
rations for department expenses under the authority of  subdivision  one
of  this section for any state fiscal year shall not exceed one-third of
one percentum of such corporation's gross operating  revenue,  over  and
above  five  hundred  thousand  dollars, derived from intrastate utility
operations in the last preceding calendar year, or  other  twelve  month
period as determined by the chairman.
  S 2. This act shall take effect immediately.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09313-01-5

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