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History
- Referred to ways and means
- Delivered to assembly
- Passed senateVote 39–21
- Ordered to third reading cal.1405
- Referred to rules
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Creates the utility intervenor account fund
In Assembly Committee · Ways And Means · Sponsor Kevin Cahill
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S8389
Title of bill
An act to amend the public service law and the state finance law, in relation to the utility intervenor account fund
Purpose or general idea of bill
This bill amends the public service and the state finance law to provide for the creation of a dedicated fund under the control of the comptroller and commissioner of taxation and finance, into which reimbursement monies for utility intervenors may be deposited.
Summary of specific provisions
Section 1 of the bill amends section 24-c of a chapter of the laws of 2010, amending the public service law relating to the creation of reimbursement funds for utility rate proceeding intervenors, as proposed in legislative bills S.7687-B and A.8722-D.
Section 2 of the bill amends the state finance law by adding a new section 97-jjjj, a utility intervenor account under the joint custody of the state comptroller and commissioner of taxation and finance.
Justification
The funds set aside under the new section 24-c must be deposited into a state fund of the type created by this chapter amendment.
Prior legislative history
None. However, this is a chapter amendment of the chapter of the laws of 2010, section 24-c of a chapter of the laws of 2010, amending the public service law relating to the creation of reimbursement funds for utility rate proceeding intervenors, as proposed in legislative bills S.7687-B and A.8722-D.
Fiscal implications
None.
Effective date
This act shall take effect on the same date and in the same manner as a chapter of the laws of 2010, amending the public service law by creating a new section 24-c relating to the creation of reimbursement funds for utility rate proceeding intervenors, as proposed in legislative bills S.7687-B and A.8722-D, takes effect.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.