STATE OF NEW YORK ________________________________________________________________________ 2648 2017-2018 Regular Sessions IN SENATE January 17, 2017 ___________ Introduced by Sen. CARLUCCI -- read twice and ordered printed, and when printed to be committed to the Committee on Finance AN ACT to amend the state finance law, in relation to establishing the New York state dry cask storage fund and to direct certain nuclear generating facilities to transfer certain monies in exchange for the storage of dry casks containing spent fuel The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Short title. This act shall be known and may be cited as 2 the "nuclear storage safety fund". 3 § 2. Any nuclear facility in New York state in an emergency planning 4 zone with a population exceeding two hundred thousand must transfer to 5 the New York state dry cask storage fund, as established pursuant to 6 section three of this act, $750,000 each year for each dry cask contain- 7 ing spent fuel that is located at the independent spent fuel storage 8 installation at such nuclear generating facility, annually for as long 9 as such storage container remains on site. The public service commis- 10 sion has the authority to order a nuclear storage increase. The fund 11 transfer shall be made if nuclear waste is stored in a dry cask at the 12 independent spent-fuel storage facility at such nuclear generating 13 facility for any part of a year. Funds in the account may be expended 14 for development of renewable energy sources specified in section 99-aa 15 of the state finance law, as established pursuant to section three of 16 this act; including, but not limited to, reimbursement to counties in 17 the emergency planning zone for emergency costs; development of renewa- 18 ble energy for schools and municipal purposes; and twenty percent for 19 the energy assistance program funds statewide, with a priority for 20 schools and municipal projects. 21 § 3. The state finance law is amended by adding a new section 99-aa to 22 read as follows: EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08272-01-7

S. 2648 2 1 § 99-aa. New York state dry cask storage fund. 1. There is hereby 2 established in the joint custody of the state comptroller and the 3 commissioner of taxation and finance a special revenue fund to be known 4 as the "New York state dry cask storage fund". 5 2. The fund shall consist of all monies appropriated for its purpose, 6 all monies required by this section or any other provisions of law to 7 be paid into or credited to such fund. Nothing contained in this section 8 shall prevent the department of taxation and finance from receiving 9 grants, gifts or bequests for the purposes of the fund as defined in 10 this section and depositing them into the fund according to law. 11 3. Money shall be payable from the fund on the audit and warrant of 12 the state comptroller on vouchers approved and certified by the commis- 13 sioner of taxation and finance. 14 § 4. This act shall take effect on the one hundred eightieth day after 15 it shall have become a law. Effective immediately, the addition, amend- 16 ment and/or repeal of any rule or regulation necessary for the implemen- 17 tation of this act on its effective date are authorized and directed to 18 be made and completed on or before such effective date.

Enacts the "nuclear storage safety fund"

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