What's happening
This bill changes how annual fees for licensed nuclear electric generating facilities are determined and increases the fee cap over time based on inflation or 3%.
Why it matters
Links annual fees for nuclear power plant licensees directly to the actual costs of state and local emergency preparedness, rather than a flat fee, making payments potentially more responsive to real needs and expenditures.
Caps on these fees will now increase each year by the higher of inflation (CPI-U) or 3%, meaning the maximum possible fee could rise steadily over time, potentially leading to higher costs for plant operators.
By tying the fee schedule to cost-of-living and actual costs, the bill could ensure more reliable funding for emergency planning, which may affect local government readiness and public safety near nuclear facilities.
The timing of payment is shifted from December to April, potentially affecting the cash flow and financial planning for both plant operators and the state/local agencies relying on these funds.
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Who cares
Headline styles
Cap Nuclear Facility Preparedness Fees
Plain English, a few words. Used as the page title.
Sponsors
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History
- Referred to corporations, authorities and commissions
- Referred to corporations, authorities and commissions
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
4666
2017-2018 Regular Sessions
IN ASSEMBLY
February 3, 2017
Introduced by M. of A. DINOWITZ -- read once and referred to the Committee on Corporations, Authorities and Commissions
AN ACT to amend the executive law, in relation to the maximum amount of the annual fee that licensed nuclear electric generating facilities are liable for in order to support state and local governmental responsibilities under accepted radiological emergency preparedness plans related to the facility operated by such licensee
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Paragraph (b) of subdivision 2 of section 29-c of the executive law, as amended by section 1 of part R of chapter 56 of the laws of 2009, is amended to read as follows:
(b) The amount of such fee shall be [one million dollars] determined annually by the commission taking into account the costs of such responsibilities not otherwise provided for and unexpended amount of previous fees paid by any such licensee. Such fee, which shall be payable to the commission on or before [December] April first, shall be expended or distributed only by appropriation. The maximum amount of such annual fee required by this section for each facility shall be in accordance with the following table:
For the fiscal years Limitation 2013-2014 $1,000,000 2014-2015 and 2015-2016 $2,000,000 Fiscal years thereafter shall increase annually in each fiscal year
from the prior limitation by the greater of
the increase in the latest average annual
Consumer Price Index for All Urban
Consumers (CPI-U), as determined by the
U.S. Department of Labor, or three percent.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD09540-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.