Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 20, 2018 |
committed to rules |
May 01, 2018 |
amended on third reading 7435a |
Mar 26, 2018 |
advanced to third reading |
Mar 22, 2018 |
2nd report cal. |
Mar 21, 2018 |
1st report cal.719 |
Jan 18, 2018 |
referred to energy and telecommunications |
Senate Bill S7435A
2017-2018 Legislative Session
Sponsored By
(R) Senate District
Archive: Last Bill Status - In Senate Committee Rules 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
Actions
Votes
Bill Amendments
co-Sponsors
(R, C) 53rd Senate District
2017-S7435 - Details
- See Assembly Version of this Bill:
- A9044
- Current Committee:
- Senate Rules
- Law Section:
- Public Services
2017-S7435 - Sponsor Memo
BILL NUMBER: S7435 SPONSOR: LAVALLE TITLE OF BILL: An act to direct the public service commission and the department of public service to study and report upon the potential to pass the tax savings incurred by public utility companies to ratepayers; and providing for the repeal of such provisions upon the expiration thereof PURPOSE OR GENERAL IDEA OF BILL: The general idea of the bill is to create a report on ways that public utility companies can pass their tax savings on to their respective ratepayers. SUMMARY OF PROVISIONS: Section 1 of the bill states that the Public Service Commission (PSC), in consultation with the Department of Public Service (DPS), shall make recommendations concerning federal tax savings by public utility compa- nies including any parent company or contracted company. The PSC shall
2017-S7435 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ S. 7435 A. 9044 S E N A T E - A S S E M B L Y January 18, 2018 ___________ IN SENATE -- Introduced by Sen. LAVALLE -- read twice and ordered print- ed, and when printed to be committed to the Committee on Energy and Telecommunications IN ASSEMBLY -- Introduced by M. of A. ENGLEBRIGHT, LAVINE, THIELE, McDO- NALD -- read once and referred to the Committee on Corporations, Authorities and Commissions AN ACT to direct the public service commission and the department of public service to study and report upon the potential to pass the tax savings incurred by public utility companies to ratepayers; and providing for the repeal of such provisions upon the expiration there- of THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The public service commission shall examine, evaluate and make recommendations in consultation with the department of public service, who shall also examine, evaluate and make recommendations concerning the tax savings caused by federal tax reform of any public utility company as defined in subdivision 23 of section 2 of the public service law including any parent company, subsidiary thereof or affil- iate and any public authority created under the public authorities law who contracts with for-profit utility companies including such for-pro- fit utility companies, parent company, subsidiary thereof or affiliate. The commission and the department shall study specifically whether such tax savings should be passed on to ratepayers of such companies in the form of refunds or decreased rates, and should make recommendations on the regulatory and statutory provisions necessary to make passing the savings to ratepayers possible. § 2. The public service commission shall hold at least two public hearings in the state for the purpose of conducting their duties pursu- ant to section one of this act. § 3. On or before the ninetieth day after this act shall take effect, the public service commission and the department of public service shall submit a report of their findings, conclusions and recommendations to EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
co-Sponsors
(R, C) 53rd Senate District
(D) 32nd Senate District
2017-S7435A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A9044
- Current Committee:
- Senate Rules
- Law Section:
- Public Services
2017-S7435A (ACTIVE) - Sponsor Memo
BILL NUMBER: S7435A SPONSOR: LAVALLE TITLE OF BILL: An act to direct the public service commission and the department of public service to study and report upon the potential to pass the tax savings incurred by public utility companies to ratepayers; and providing for the repeal of such provisions upon the expiration thereof PURPOSE OR GENERAL IDEA OF BILL: The general idea of the bill is to create a report on ways that public utility companies can pass their tax savings on to their respective ratepayers. SUMMARY OF PROVISIONS: Section 1 of the bill states that the Public Service Commission (PSC), in consultation with the Department of Public Service (DPS), shall make recommendations concerning federal tax savings by public utility compa- nies including any parent company or contracted company. The PSC shall
2017-S7435A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ S. 7435--A A. 9044--A Cal. No. 719 S E N A T E - A S S E M B L Y January 18, 2018 ___________ IN SENATE -- Introduced by Sens. LAVALLE, GRIFFO -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommunications -- reported favorably from said commit- tee, ordered to first and second report, ordered to a third reading, amended and ordered reprinted, retaining its place in the order of third reading IN ASSEMBLY -- Introduced by M. of A. ENGLEBRIGHT, LAVINE, THIELE, McDO- NALD, SEAWRIGHT, GUNTHER, D'URSO, SIMON, M. G. MILLER, COLTON, SKOUF- IS, GALEF, HUNTER, JAFFEE, ZEBROWSKI, PICHARDO, LIFTON, CAHILL, GOTT- FRIED, CRESPO, JENNE, ABINANTI, GLICK, RICHARDSON, DAVILA, RA, STECK, BUCHWALD, NIOU -- Multi-Sponsored by -- M. of A. DE LA ROSA, SCHIM- MINGER -- read once and referred to the Committee on Corporations, Authorities and Commissions -- reported and referred to the Committee on Ways and Means -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to direct the public service commission and the department of public service to study and report upon the potential to pass the tax savings incurred by public utility companies to ratepayers; and providing for the repeal of such provisions upon the expiration there- of THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The public service commission shall examine, evaluate and make recommendations in consultation with the department of public service, who shall also examine, evaluate and make recommendations concerning the tax savings caused by federal tax reform, pursuant to Public Law No. 115-97 enacted on December 22, 2017, of any public utili- ty company as defined in subdivision 23 of section 2 of the public service law including any parent company, subsidiary thereof or affil- iate and any public authority created under the public authorities law who contracts with for-profit utility companies including such for-pro- fit utility companies, parent company, subsidiary thereof or affiliate. The commission and the department shall study specifically whether such
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