Assembly Bill A435

Vetoed By Governor
2019-2020 Legislative Session

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

download bill text pdf

Sponsored By

Archive: Last Bill Status - Vetoed by Governor

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Vetoed By Governor
  • Signed By Governor

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2019-A435 (ACTIVE) - Details

See Senate Version of this Bill:
S1873
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
2017-2018: A3773, A9982, S8364

2019-A435 (ACTIVE) - Summary

Requires the power authority of the state of New York to file a report annually commencing March 31, 2022 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.

2019-A435 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    435
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                                (PREFILED)
 
                              January 9, 2019
                                ___________
 
 Introduced  by  M.  of A. PAULIN, OTIS, SEAWRIGHT, VANEL, NIOU -- Multi-
   Sponsored by -- M. of A. CROUCH, DE LA ROSA -- read once and  referred
   to the Committee on Corporations, Authorities and Commissions
 
 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-TWO 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.
                                                            LBD01946-01-9

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