Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
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Jan 08, 2020 |
referred to energy and telecommunications |
Jan 30, 2019 |
referred to energy and telecommunications |
Senate Bill S2853
2019-2020 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Energy And Telecommunications 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
co-Sponsors
(R) Senate District
(D) Senate District
2019-S2853 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A2485
- Current Committee:
- Senate Energy And Telecommunications
- Law Section:
- Public Authorities Law
- Laws Affected:
- Amd §1020-f, Pub Auth L
- Versions Introduced in 2019-2020 Legislative Session:
-
S2853, A2485
2019-S2853 (ACTIVE) - Sponsor Memo
BILL NUMBER: S2853 SPONSOR: FLANAGAN TITLE OF BILL: An act to amend the public authorities law, in relation to tax certior- ari proceedings by the Long Island power authority TITLE OF BILL: An act to amend the public authorities law, in relation to tax certior- ari proceedings by the Long Island power authority PURPOSE: This bill would require that any reduction in property taxes paid by the Long Island Power Authority be passed on to its ratepayers. SUMMARY OF PROVISIONS:
2019-S2853 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2853 2019-2020 Regular Sessions I N S E N A T E January 30, 2019 ___________ Introduced by Sens. FLANAGAN, LAVALLE -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Tele- communications AN ACT to amend the public authorities law, in relation to tax certior- ari proceedings by the Long Island power authority THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision (u) of section 1020-f of the public authorities law, as added by chapter 517 of the laws of 1986, is amended by adding a new paragraph 5 to read as follows: 5. NOTWITHSTANDING ANY LAW, RULE, OR REGULATION TO THE CONTRARY, IN THE EVENT THAT THE AUTHORITY EITHER SUCCEEDS IN A TAX CERTIORARI CHAL- LENGE AGAINST A MUNICIPALITY ON ONE OR MORE OF ITS ELECTRIC GENERATING FACILITIES OR AGREES TO A REDUCTION IN ITS PROPERTY TAXES OR PAYMENTS IN LIEU OF TAXES PAID THROUGH A SETTLEMENT AGREEMENT WITH A MUNICIPALITY ON ONE OR MORE OF ITS ELECTRIC GENERATING FACILITIES, ANY SAVINGS IN PROP- ERTY TAXES OR PAYMENTS IN LIEU OF TAXES PAID BY THE AUTHORITY SHALL BE USED SOLELY TO REDUCE THE RATES PAID BY ITS RATEPAYERS. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04613-01-9
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