senate Bill S1544A

2021-2022 Legislative Session

Relates to requiring a compensation statement by certain public utility corporations and service providers

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Sponsored By

Current Bill Status - Passed Senate


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (9)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Feb 23, 2021 referred to corporations, authorities and commissions
delivered to assembly
passed senate
Feb 08, 2021 advanced to third reading
Feb 03, 2021 2nd report cal.
Feb 02, 2021 1st report cal.254
Jan 27, 2021 print number 1544a
Jan 27, 2021 amend (t) and recommit to energy and telecommunications
Jan 13, 2021 referred to energy and telecommunications

Votes

view votes

Feb 2, 2021 - Energy and Telecommunications committee Vote

S1544A
9
0
committee
9
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Energy and Telecommunications committee vote details

Energy and Telecommunications Committee Vote: Feb 2, 2021

S1544 - Details

See Assembly Version of this Bill:
A4403
Current Committee:
Assembly Corporations, Authorities And Commissions
Law Section:
Public Service Law
Laws Affected:
Add §111-a, Pub Serv L; amd §1020-f, Pub Auth L
Versions Introduced in 2019-2020 Legislative Session:
S8937

S1544 - Summary

Requires a compensation statement to be filed annually with the public service commission by any public utility corporation or service provider with a gross annual operating revenue of more than one million dollars.

S1544 - Sponsor Memo

S1544 - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1544
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                             January 13, 2021
                                ___________
 
 Introduced  by Sen. KAMINSKY -- read twice and ordered printed, and when
   printed to be committed to the Committee on  Energy  and  Telecommuni-
   cations
 
 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.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

Co-Sponsors

S1544A (ACTIVE) - Details

See Assembly Version of this Bill:
A4403
Current Committee:
Assembly Corporations, Authorities And Commissions
Law Section:
Public Service Law
Laws Affected:
Add §111-a, Pub Serv L; amd §1020-f, Pub Auth L
Versions Introduced in 2019-2020 Legislative Session:
S8937

S1544A (ACTIVE) - Summary

Requires a compensation statement to be filed annually with the public service commission by any public utility corporation or service provider with a gross annual operating revenue of more than one million dollars.

S1544A (ACTIVE) - Sponsor Memo

S1544A (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  1544--A
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                             January 13, 2021
                                ___________
 
 Introduced  by Sen. KAMINSKY -- read twice and ordered printed, and when
   printed to be committed to the Committee on  Energy  and  Telecommuni-
   cations  --  committee  discharged, bill amended, ordered reprinted as
   amended and recommitted to said committee
 
 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 gas corporations, electric  corporations,  water-works  corpo-
   rations 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 GAS CORPORATION, ELECTRIC CORPORATION,  WATER-WORKS
 CORPORATION,  OR  SERVICE PROVIDER WITH A GROSS ANNUAL OPERATING REVENUE
 OF MORE THAN ONE MILLION DOLLARS SHALL PREPARE AND FILE WITH THE DEPART-
 MENT, ON OR BEFORE OCTOBER THIRTY-FIRST OF  EACH  YEAR,  A  COMPENSATION
 STATEMENT SHOWING FOR THE PRECEDING CALENDAR 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  GAS CORPORATION, ELECTRIC CORPORATION,
 WATER-WORKS 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  GAS  CORPORATION,  ELECTRIC
 CORPORATION, WATER-WORKS CORPORATION, OR SERVICE PROVIDER WHO RECEIVES A
 COMPENSATION  AT THE RATE OF ONE HUNDRED TWENTY-FIVE THOUSAND DOLLARS OR
 MORE PER ANNUM; AND
   B. THE PROPORTION OF THE COMPENSATION DISCLOSED IN PARAGRAPH A OF THIS
 SUBDIVISION, THAT IS PAID, DIRECTLY OR INDIRECTLY, BY THE RATEPAYERS.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

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