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S1063Senate2015-2016 Session

Relates to the power authority of the state of New York and the public authorities control board

Sponsor Kevin S. ParkerSD-21Affects Economy
Status
In Senate 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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Who cares

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Sponsors

Primary sponsor
Kevin S. Parker

Senator · Senate District 21

No co-sponsors yet.

History

  1. Print number 1063a
  2. Amend and recommit to corporations, authorities and commissions
  3. Referred to corporations, authorities and commissions
  4. Referred to corporations, authorities and commissions

Full text

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

Sponsor's memo

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 a new section 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

2013-20114: S.1616A - Amended and Recommitted to Energy & Telecommunications 2011-12: S.1056B - Referred to Energy & Telecommunications 2009-10: S.1781 Referred to Energy and Telecommunications 2007-08: S.1983 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.