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A9091Assembly2009-2010 Session

Repeals part NN of chapter 59 of the laws of 2009

Sponsor Nancy CalhounAD-96+8 co-sponsorsAffects Economy
Status
In Assembly Committee
Corporations, Authorities And Commissions
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Corporations, Authorities And Commissions

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History

  1. Held for consideration in corporations, authorities and commissions
  2. Referred to corporations, authorities and commissions
  3. Referred to corporations, authorities and commissions

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:A9091

Title of bill

An act to repeal part NN of chapter 59 of the laws of 2009, amending the public service law relating to financing the oper- ations of the department of public service, the public service commis- sion, department support and energy management services provided by other state agencies, to increase the utility assessment cap and the minimum threshold for collection thereunder, and establishing a tempo- rary state energy and utility service conservation assessment and providing for the collection thereof

Purpose or general idea of bill

To repeal the increase in the utility assessment cap imposed in this year's enacted budget.

Summary of specific provisions

§1. Repeals part NN of Chapter 59 of the Laws of 2009.

§2. Provides for an immediate effective date.

Justification

With the state and national economies in recession and unemployment approaching 10 percent this is not the time for the state to impose a new tax and increase an existing tax on individuals and businesses. The increase in the 18-a utility assessment in this year's enacted budget nearly doubled the current tax on homeowners' utility bills. Increasing the overall cost of energy in the state does not establish a business friendly environment that will keep businesses here and retain jobs or create an incentive for businesses to relocate to New York.

Prior legislative history

New bill.

Fiscal impact

This will reduce revenues to the State General Fund by $520,000,000.

Effective date

Immediately.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.