Assembly Bill A4526

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4526
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 4, 2025
                                ___________
 
 Introduced  by  M.  of  A.  MORINELLO  --  read once and referred to the
   Committee on Corporations, Authorities and Commissions
 
 AN ACT to amend the public authorities law, in relation to the  trustees
   of the power authority of New York state
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 1003 of the public authorities law, as  amended  by
 chapter 766 of the laws of 2005, is amended to read as follows:
   §  1003.  Trustees.  1. (A) The authority shall consist of seven trus-
 tees, five of whom shall serve  respectively  for  terms  of  one,  two,
 three, four and five years, to be appointed by the governor, by and with
 the  advice  and  consent  of the senate. The sixth and seventh trustees
 shall be appointed by the governor, by and with the advice  and  consent
 of  the  senate,  and  shall  serve  initial  terms of one and two years
 respectively. Each trustee shall hold office until a successor has  been
 appointed  and  qualified. At the expiration of the term of each trustee
 and of each succeeding trustee the  governor  shall,  by  and  with  the
 advice  and  consent  of the senate, appoint a successor, who shall hold
 office for a term of five years, or until a successor has been appointed
 and qualified. In the event of a vacancy occurring in the office of  the
 trustee  by  death, resignation or otherwise, the governor shall, by and
 with the advice and consent of the  senate,  appoint  a  successor,  who
 shall hold office for the unexpired term. Four trustees shall constitute
 a  quorum for the purpose of organizing the authority and conducting the
 business thereof.
   (B) NOTWITHSTANDING THE PROVISIONS OF PARAGRAPH (A) OF  THIS  SUBDIVI-
 SION,  THE  FIRST  VACANCY  IN  AN OFFICE OF TRUSTEE OCCURRING AFTER THE
 EFFECTIVE DATE OF THIS PARAGRAPH  SHALL  BE  FILLED  BY  A  RESIDENT  OF
 NIAGARA  COUNTY  AND  THEREAFTER AT LEAST ONE OFFICE OF TRUSTEE SHALL BE
 HELD BY A RESIDENT OF NIAGARA COUNTY.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD04289-01-5
 A. 4526                             2
              

 
   2. The trustee chosen as [chairman] CHAIRPERSON as provided in section
 one thousand four of this title, shall receive an  annual  salary  which
 shall  be  set  by  the  trustees  of the authority, and which shall not
 exceed the salary prescribed for the positions listed in  paragraph  (f)
 of  subdivision  one  of section one hundred sixty-nine of the executive
 law. Each other trustee shall not receive  a  salary  or  other  compen-
 sation.  Each  trustee  shall  receive  [his  or  her]  THEIR reasonable
 expenses in the performance of [his or her] THEIR duties hereunder.  The
 trustee chosen as [chairman] CHAIRPERSON may elect to become a member of
 the  New  York state and local employees' retirement system on the basis
 of such compensation to which [he or she]  THEY  shall  be  entitled  as
 herein  provided  notwithstanding the provisions of any general, special
 or local law, municipal charter, or ordinance.
   § 2. This act shall take effect immediately.