Assembly Bill A8190

2017-2018 Legislative Session

Requires the public service commission to adjust the zero emissions credit

download bill text pdf

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Archive: Last Bill Status - In Assembly 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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2017-A8190 (ACTIVE) - Details

Current Committee:
Assembly Ways And Means
Law Section:
Energy
Versions Introduced in Other Legislative Sessions:
2019-2020: A336
2021-2022: A5036

2017-A8190 (ACTIVE) - Summary

Requires the public service commission to adjust the zero emissions credit to account for the proportional benefits received within each energy zone attributed to the continued operation of nuclear facilities.

2017-A8190 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8190
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               June 1, 2017
                                ___________
 
 Introduced by M. of A. PAULIN -- read once and referred to the Committee
   on Energy
 
 AN ACT in relation to the price of zero emissions credits
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Notwithstanding any other law, rule, regulation, or  order,
 the  New York public service commission shall adjust the price of a zero
 emissions credit to account for the proportional benefits received with-
 in each energy zone attributed to the  continued  operation  of  nuclear
 facilities.  The  price  of  a  zero emissions credit shall be higher in
 energy zones where the proportional benefits are greater  and  lower  in
 energy zones where the proportional benefits are less.
   §  2.  The  term  "proportional  benefits" when used in this act shall
 include all (a) proximity advantages derived from  avoided  fossil  fuel
 generation within each energy zone due to the continued operation of the
 nuclear  facilities, (b) revenues, funds, taxes or credits received from
 nuclear facilities through real property tax collections or payments  in
 lieu  of  taxes  within  each  energy  zone, and (c) advantages acquired
 through employment related to the continued operation of nuclear facili-
 ties within each energy zone.
   § 3. The term "energy zone" when used  in  this  act  shall  mean  the
 federally designated electric bulk system operator's zone.
   §  4.  The  term "nuclear facilities" when used in this act shall mean
 the Fitzpatrick, Ginna and Nine Mile nuclear facilities.
   § 5. The zero emissions credit price adjustment  required  by  section
 one of this act shall be approved by the New York public service commis-
 sion on or before August 1, 2017.
   § 6. This act shall take effect immediately.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13033-02-7

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