S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10976
 
                           I N  A S S E M B L Y
 
                             September 9, 2020
                                ___________
 
 Introduced  by  COMMITTEE ON RULES -- (at request of M. of A. Thiele) --
   read once and referred to the Committee on  Corporations,  Authorities
   and Commissions
 
 AN  ACT  to amend the public service law and the public authorities law,
   in relation to requiring a  compensation  statement  to  be  filed  by
   certain public utility corporations and service providers

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The public service law is amended by adding a  new  section
 111-a to read as follows:
   §  111-A.  ADDITIONAL  INFORMATION  IN  ANNUAL  REPORTS; DISCLOSURE OF
 COMPENSATION. 1. ANY PUBLIC UTILITY CORPORATION OR SERVICE PROVIDER WITH
 A GROSS ANNUAL OPERATING REVENUE OF MORE THAN ONE MILLION DOLLARS  SHALL
 PREPARE  AND FILE WITH THE DEPARTMENT, ON OR BEFORE OCTOBER THIRTY-FIRST
 OF EACH YEAR, A COMPENSATION STATEMENT SHOWING FOR THE PRECEDING  CALEN-
 DAR YEAR:
   A.  THE  NAMES,  TITLES,  AND DUTIES OF ALL EXECUTIVE OFFICERS AND THE
 COMPENSATION RECEIVED BY EACH SUCH EXECUTIVE OFFICER.  FOR  PURPOSES  OF
 THIS  SECTION  "EXECUTIVE  OFFICER"  INCLUDES  THE PRESIDENT, SECRETARY,
 TREASURER, AND VICE PRESIDENT IN CHARGE OF A  PRINCIPAL  BUSINESS  UNIT,
 DIVISION  OR  FUNCTION  OF  SUCH  PUBLIC  UTILITY CORPORATION OR SERVICE
 PROVIDER; OR ANY OTHER OFFICER WHO PERFORMS A POLICY MAKING FUNCTION, OR
 ANY OTHER PERSON WHO PERFORMS SIMILAR POLICY MAKING FUNCTIONS  FOR  SUCH
 PUBLIC UTILITY CORPORATION OR SERVICE PROVIDER;
   B. THE NAMES, TITLES AND DUTIES OF ALL EMPLOYEES OTHER THAN SUCH OFFI-
 CERS  DESCRIBED IN PARAGRAPH A OF THIS SUBDIVISION WHO RECEIVE A COMPEN-
 SATION AT THE RATE OF ONE HUNDRED TWENTY-FIVE THOUSAND DOLLARS  OR  MORE
 PER ANNUM, AND THE COMPENSATION RECEIVED BY EACH SUCH EMPLOYEE; AND
   C.  THE PROPORTION OF THE COMPENSATION DISCLOSED IN PARAGRAPHS A AND B
 OF THIS SUBDIVISION, THAT IS PAID, DIRECTLY OR INDIRECTLY, BY THE  RATE-
 PAYERS.
   2.  ANY  PUBLIC  UTILITY  CORPORATION OR SERVICE PROVIDER WITH A GROSS
 ANNUAL OPERATING REVENUE OF MORE THAN ONE MILLION DOLLARS SHALL  PROVIDE
 A  COMPENSATION  STATEMENT FOR SIX YEARS PRECEDING THE EFFECTIVE DATE OF
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
              

                       [ ] is old law to be omitted.
                                                            LBD17172-05-0

 A. 10976                            2
 
 THIS SECTION. SUCH REPORT SHALL CONTAIN  THE  INFORMATION  SPECIFIED  IN
 SUBDIVISION ONE OF THIS SECTION.
   3. THE COMPENSATION STATEMENT FOR EACH SUCH PUBLIC UTILITY CORPORATION
 OR SERVICE PROVIDER SHALL BE MADE PUBLICLY AVAILABLE ON THE DEPARTMENT'S
 WEBSITE.
   § 2. Section 1020-f of the public authorities law, as added by chapter
 517  of the laws of 1986, is amended by adding a new subdivision (ii) to
 read as follows:
   (II) THE AUTHORITY AND THE SERVICE PROVIDER SHALL ASSIST AND COOPERATE
 WITH THE DEPARTMENT OF PUBLIC SERVICE WITH RESPECT TO PROVIDING ANY DATA
 OR INFORMATION NECESSARY TO COMPLY WITH SECTION ONE HUNDRED ELEVEN-A  OF
 THE PUBLIC SERVICE LAW.
   § 3. This act shall take effect immediately.