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History
- Print number 1056b
- Amend and recommit to energy and telecommunications
- Referred to energy and telecommunications
- Print number 1056a
- Amend (t) and recommit to energy and telecommunications
- Referred to energy and telecommunications
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S1056B
Title of bill
An act to amend the public authorities law, in relation to the power authority of the state of New York and the public authorities control board, and in relation to directing the New York state energy research and development authority to conduct a study related to the state's natural gas infrastructure
Purpose or general idea of bill
To make the Power Authority of the state of New York (PASNY) subject to oversight by the public Authorities Control Board. And to establish a commission to study the future role of PASNY in a deregulated electric industry. The bill also directs the New York state energy research and development authority to conduct studies related to the state's electric transmission system, the state's natural gas infrastructure and a comprehensive energy plan for the downstate region of the state.
Summary of specific provisions
This bill amends section 51 and 1005 of the public authorities law and adds three new sections 1855-a.
Justification
The electricity industry has undergone tremendous changes and currently exposes utility customers to greatly increased risks associated with price volatility without significant corresponding benefits. PASNY was directed to build 11 single cycle generators in and around the Metropolitan New York City region. There was very limited public process involved in siting these turbines, many of which were sited in low-income neighborhoods.
Placing PASNY under the public Authorities Control Board provides oversight and establishing a commission to study the future role of PASNY will help refocus PASNY's mission in a deregulated electricity marketplace. It is necessary to examine the problems surrounding the state's energy infrastructure, including transmission, and natural gas transportation, distribution and indigenous resources.
It is also necessary to study downstate, as it has experienced the greatest price spikes due to load pockets and market forces, which has also affected the State's overall whole electricity market.
Prior legislative history
2009-10: S.1781 Referred to Energy and Telecommunications 2007-08: S.1985 Referred to Energy and Telecommunications 2006-07: S.1350 Referred to Energy and Telecommunications
Fiscal implications
To be determined.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.