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Senate Bill S8364

2017-2018 Legislative Session

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

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Archive: Last Bill Status - In Senate Committee Rules Committee

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2017-S8364 (ACTIVE) - Details

See Assembly Version of this Bill:
A9982
Current Committee:
Senate Rules
Law Section:
Public Authorities Law
Laws Affected:
Amd §1002, Pub Auth L
Versions Introduced in Other Legislative Sessions:
2009-2010: A918
2011-2012: A4250
2013-2014: A4017, A8477
2015-2016: A1975
2019-2020: S1873, S7830, A435

2017-S8364 (ACTIVE) - Summary

Requires the power authority of the state of New York to file a report annually commencing March 31, 2021 with the governor, the comptroller, the chair of the assembly ways and means and the senate finance committees, respectively, and the authority budget office, on its operations and transactions, complying with the uniform system of accounts required for electric corporations pursuant to the public service law.

2017-S8364 (ACTIVE) - Sponsor Memo

2017-S8364 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8364
 
                             I N  S E N A T E
 
                                May 3, 2018
                                ___________
 
 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 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  TWENTY-ONE  AND  EVERY  YEAR
 THEREAFTER 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.
   § 2. This act shall take effect immediately.
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD07577-02-8

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