Senate Bill S5388

2015-2016 Legislative Session

Requires all public authorities owning, leasing, and controlling critical infrastructure to study the potential consequences of privatization

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Corporations, Authorities And Commissions Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2015-S5388 (ACTIVE) - Details

See Assembly Version of this Bill:
A3231
Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
Public Authorities
Versions Introduced in Other Legislative Sessions:
2009-2010: A4117
2011-2012: A5754
2013-2014: A5588
2017-2018: S6296, A4870
2019-2020: S5318
2021-2022: S5528
2023-2024: S5590

2015-S5388 (ACTIVE) - Summary

Requires all public authorities owning, leasing, and controlling critical infrastructure to study the potential consequences of privatization.

2015-S5388 (ACTIVE) - Sponsor Memo

2015-S5388 (ACTIVE) - Bill Text download pdf

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

                                  5388

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                              May 14, 2015
                               ___________

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

AN ACT requiring all public authorities owning, leasing, and controlling
  critical  infrastructure to study the potential consequences of priva-
  tization

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

  Section  1.  Legislative  findings. 1. New York state must have suffi-
cient numbers of properly  designed  and  maintained  bridges,  tunnels,
roads, airports, ports, container ports and railroads ("critical infras-
tructure")  in order to retain its economic competitiveness and grow its
economy.
  2. Much of the state's existing critical infrastructure is  aging,  is
experiencing capacity problems, has had maintenance problems, or in some
other  manner  has  become  a  candidate for re-engineering, rebuilding,
replacement or supplementation.
  3. The most critical and expensive infrastructure in New York state to
re-engineer, rebuild or replace is under the  control  or  ownership  of
public  authorities,  and such critical transportation infrastructure is
under consideration for sale,  long-term  lease  or  other  transfer  of
ownership or control to the private business sector ("privatization").
  S  2.  1.  All  public  authorities  shall immediately suspend issuing
concessions or selling or otherwise transferring, or issuing notices  of
inquiry ("NOIs") or requests for proposal ("RFPs") for leasing, or sell-
ing  or  otherwise  transferring  control of any critical transportation
infrastructure, until each of such public authorities has issued a study
reporting on the effects of  privatization  of  critical  transportation
infrastructure,  and  all  public authorities shall forbear from issuing
concessions or selling or otherwise transferring, or issuing notices  of
inquiry    ("NOIs")  or  requests for proposals ("RFPs") for leasing, or

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02302-01-5
              

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