New York State Assembly Logo
Tuesday, February 9, 2010
Text   -   A09039
Back | New York State Bill Search | Assembly Home
See Summary

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________

                                         9039

                              2009-2010 Regular Sessions

                                 I N  A S S E M B L Y

                                     June 20, 2009
                                      ___________

       Introduced  by M. of A. CAHILL, SILVER, FARRELL -- Multi-Sponsored by --
         M. of A. ALESSI,  AMEDORE,  BENEDETTO,  BOYLAND,  CHRISTENSEN,  CLARK,
         COLTON,  CRESPO,  DESTITO,  EDDINGTON,  ENGLEBRIGHT, GABRYSZAK, GALEF,
         GORDON, JACOBS, JAFFEE, KOON, LANCMAN, LATIMER, LAVINE, LIFTON, LUPAR-
         DO, MARKEY,  PHEFFER,  RAMOS,  REILLY,  RUSSELL,  SCHIMEL,  SKARTADOS,
         SPANO,  STIRPE,  TITONE,  WEINSTEIN  --  read once and referred to the
         Committee on Energy

       AN ACT to amend the economic development law, chapter 316 of the laws of
         1997 amending the public authorities law and other  laws  relating  to
         the  provision of low cost power to foster statewide economic develop-
         ment, the tax law and chapter 645 of the laws  of  2006  amending  the
         economic  development law and other laws relating to reauthorizing the
         New York power authority to make contributions to the general fund, in
         relation to extending the expiration of the power for jobs program and
         the energy cost savings benefits program; to amend the public authori-
         ties law, in relation to authorizing an additional voluntary  contrib-
         ution into the state treasury under the power for jobs program; and to
         amend  the  public  authorities  law,  in  relation to an energy audit
         program

         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:

    1    Section 1. Paragraphs 2 and 4 of subdivision (h) of section 183 of the
    2  economic  development law, paragraph 2 as amended by section 1 of part Y
    3  of chapter 59 of the laws of 2008 and paragraph 4 as amended by  chapter
    4  89 of the laws of 2007, are amended to read as follows:
    5    2.  During  the period commencing on November first, two thousand five
    6  and ending on [June thirtieth] MAY FIFTEENTH, two  thousand  [nine]  TEN
    7  eligible  businesses shall only include customers served under the power
    8  authority of the state of New York's high load factor, economic develop-
    9  ment power and other business customers served by political subdivisions
   10  of the state authorized by law to engage in the distribution of electric

        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD14489-02-9
       A. 9039                             2

    1  power that were authorized to  be  served  by  the  authority  from  the
    2  authority's  former  James  A. Fitzpatrick nuclear power plant as of the
    3  effective date of this subdivision whose power prices may be subject  to
    4  increase before [June thirtieth] MAY FIFTEENTH, two thousand [nine] TEN.
    5  Provided, however, that the total amount of megawatts of replacement and
    6  preservation  power  which,  due  to  the  extension  of the energy cost
    7  savings benefits, are not relinquished by or withdrawn from a  recipient
    8  shall be deemed to be relinquished or withdrawn for purposes of offering
    9  such megawatts by the authority for reallocation pursuant to subdivision
   10  thirteen  of  section  one  thousand five of the public authorities law.
   11  Provided, further, that for any such reallocation, the  authority  shall
   12  maintain  the  same  energy  cost savings benefit level for all eligible
   13  businesses using any available authority resources  as  deemed  feasible
   14  and  advisable  by  the  trustees pursuant to section seven of part U of
   15  chapter fifty-nine of the laws of two thousand six.
   16    4. Applications for an energy cost savings benefit  shall  be  in  the
   17  form  and  contain such information, exhibits and supporting data as the
   18  board may prescribe. The board shall review  the  applications  received
   19  and shall determine the applications which best meet the criteria estab-
   20  lished for the benefits pursuant to this subdivision and it shall recom-
   21  mend  such  applications to the power authority of the state of New York
   22  with such terms and conditions as it deems appropriate; provided, howev-
   23  er, that for energy cost savings benefits granted on or after June thir-
   24  tieth, two thousand [seven] NINE through [June thirtieth] MAY FIFTEENTH,
   25  two thousand [eight] TEN, the board shall expedite the awarding of  such
   26  benefits  and  shall  defer  the review of compliance with such criteria
   27  until after the applicant has been awarded an energy cost savings  bene-
   28  fit.  Such  terms  and  conditions  shall  include reasonable provisions
   29  providing for the partial or complete  withdrawal  of  the  energy  cost
   30  savings  benefit  in  the event the recipient fails to maintain mutually
   31  agreed upon commitments that may include, but are not limited to, levels
   32  of employment, capital investment and power utilization.  Recommendation
   33  for  approval  of an energy cost savings benefit shall qualify an appli-
   34  cant to receive an energy cost savings benefit from the power  authority
   35  of  the  state  of  New York pursuant to the terms and conditions of the
   36  recommendation.
   37    S 2. The opening paragraph  of  paragraph  5  of  subdivision  (a)  of
   38  section  189 of the economic development law, as amended by section 2 of
   39  part Y of chapter 59 of the laws of 2008, is amended to read as follows:
   40    "Power  for  jobs  electricity  savings  reimbursements"  shall   mean
   41  payments  made by the power authority of the state of New York as recom-
   42  mended by the board to recipients of allocations of power  under  phases
   43  four  and  five of the power for jobs program for a period of time until
   44  November thirtieth, two thousand four, subsequent to the  expiration  of
   45  their  phase  four or five power for jobs contract provided however that
   46  any power for jobs  recipient  may  choose  to  receive  an  electricity
   47  savings  reimbursement  as a substitute for a contract extension for the
   48  period from the date the  recipient's  contract  expires  through  [June
   49  thirtieth]   MAY  FIFTEENTH,  two  thousand  [nine]  TEN.    The  "basic
   50  reimbursement" is an amount that when credited against  the  recipient's
   51  actual "unit cost of electricity" during a quarter (meaning the cost for
   52  commodity and delivery per kilowatt-hour for the quantity of electricity
   53  purchased  and delivered under the power for jobs program during a simi-
   54  lar period in the final year of the recipient's contract), results in an
   55  effective unit cost of electricity during the quarter equal to the aver-
   56  age unit cost of electricity such recipient paid during the  final  year
       A. 9039                             3

    1  of  the  contract  for  power  allocated under phase four or five of the
    2  power for jobs program.
    3    S  3. Subdivisions (f) and (l) of section 189 of the economic develop-
    4  ment law, as amended by section 3 of part Y of chapter 59 of the laws of
    5  2008, are amended to read as follows:
    6    (f) Eligibility. The board  shall  recommend  applications  for  allo-
    7  cations  of  power under the power for jobs program to or for the use of
    8  businesses which normally utilize a  minimum  peak  electric  demand  in
    9  excess  of  four  hundred  kilowatts;  provided, however, that up to one
   10  hundred megawatts of power available for allocation during  the  initial
   11  three  phases of the power for jobs program may be recommended for allo-
   12  cations to not-for-profit corporations and  to  small  businesses;  and,
   13  provided,  further  that up to seventy-five megawatts of power available
   14  for allocation during the fourth phase of the program may be recommended
   15  for allocations to not-for-profit corporations and to small  businesses.
   16  The  board  may require small businesses that normally utilize a minimum
   17  peak electric demand of less than one  hundred  kilowatts  to  aggregate
   18  their  electric demand in amounts of no less than one hundred kilowatts,
   19  for the purposes of applying to the board for an  allocation  of  power.
   20  The  board  shall  recommend allocations of the additional three hundred
   21  megawatts available during the fourth phase of the program to  any  such
   22  eligible  applicant,  including  any recipient of power allocated during
   23  the first phase of the program. The board shall recommend allocations of
   24  the additional one hundred eighty-three megawatts available  during  the
   25  fifth  phase  of  the  program  to any eligible applicant, including any
   26  recipient of power allocated during the second and third phases  of  the
   27  program;  provided,  however, that the term of contracts for allocations
   28  under the fifth phase of the program shall  in  no  case  extend  beyond
   29  [June  thirtieth] MAY FIFTEENTH, two thousand [nine] TEN.  Notwithstand-
   30  ing any provision of law  to  the  contrary,  and,  in  particular,  the
   31  provisions  of  this chapter concerning the terms of contracts for allo-
   32  cations under the power for jobs program, the terms of any contract with
   33  a recipient of power allocated under phase two of  the  power  for  jobs
   34  program  that  has  expired or will expire on or before the thirty-first
   35  day of August, two thousand two, may be extended by the power  authority
   36  of the state of New York for an additional period of three months effec-
   37  tive  on the date of such expiration, pending the filing and approval of
   38  an application by such recipient for an allocation under the fifth phase
   39  of the program. The term of any new contract with such  recipient  under
   40  the  fifth  phase  of  the  program shall be deemed to include any three
   41  month contract extension made  pursuant  to  this  subdivision  and  the
   42  termination  date  of any such new contract under phase five shall be no
   43  later than if such new contract had commenced upon the expiration of the
   44  recipient's original phase two contract. The terms of any contract  with
   45  a recipient of power allocated under phase four and/or phase five of the
   46  power  for jobs program that has expired or will expire on or before the
   47  thirty-first day of December, two thousand five, may be extended by  the
   48  power authority of the state of New York from a date beginning no earli-
   49  er  than  the  first  day  of  December, two thousand four and extending
   50  through [June thirtieth] MAY FIFTEENTH, two thousand [nine] TEN.
   51    (l) The board shall solicit and review applications for the power  for
   52  jobs  electricity  savings  reimbursements  and contract extensions from
   53  recipients of power for jobs allocations under phases four and  five  of
   54  the  program for the award of such reimbursements and/or contract exten-
   55  sions. The board may prescribe a simplified  form  and  content  for  an
   56  application for such reimbursements or extensions. An applicant shall be
       A. 9039                             4

    1  eligible  for  such  reimbursements  and/or  extensions only if it is in
    2  compliance with and agrees to continue to meet  the  job  retention  and
    3  creation  commitments set forth in its prior power for jobs contract, or
    4  such other commitments as the board deems reasonable; provided, however,
    5  that  for  the  power  for  jobs  electricity savings reimbursements and
    6  contract extensions granted on or after  June  thirtieth,  two  thousand
    7  [seven]  NINE  through  [June  thirtieth]  MAY  FIFTEENTH,  two thousand
    8  [eight] TEN, the board shall expedite the awarding  of  such  reimburse-
    9  ments  and/or  extensions  and shall defer the review of compliance with
   10  such commitments until after the applicant has been awarded a power  for
   11  jobs  electricity  savings  reimbursement and/or contract extension. The
   12  board shall review such applications and make  recommendations  for  the
   13  award:  1.  of  such  reimbursements  through the power authority of the
   14  state of New York for a period of time up  to  November  thirtieth,  two
   15  thousand  four,  and 2. of such contract extensions or reimbursements as
   16  applied for by the recipient for a period  of  time  beginning  December
   17  first,  two thousand four and ending [June thirtieth] MAY FIFTEENTH, two
   18  thousand [nine] TEN.   At no time  shall  a  recipient  receive  both  a
   19  reimbursement and extension after December first, two thousand four. The
   20  power authority of the state of New York shall receive notification from
   21  the  board  regarding  the  award  of power for jobs electricity savings
   22  reimbursements and/or contract extensions.
   23    S 4. Section 9 of chapter 316 of the laws of 1997 amending the  public
   24  authorities  law  and  other  laws relating to the provision of low cost
   25  power to foster statewide economic development, as amended by section  4
   26  of  part  Y  of  chapter  59  of the laws of 2008, is amended to read as
   27  follows:
   28    S 9. This act shall take effect immediately and shall  expire  and  be
   29  deemed repealed [June 30] MAY 15, [2009] 2010.
   30    S  5.  Subdivision  9  of  section 186-a of the tax law, as amended by
   31  section 5 of part Y of chapter 59 of the laws of  2008,  is  amended  to
   32  read as follows:
   33    9.  Notwithstanding  any  other provision of this chapter or any other
   34  law to the contrary, for taxable periods nineteen  hundred  ninety-seven
   35  through  and including two thousand [nine] TEN, any utility which deliv-
   36  ers power under the power for jobs program, as  established  by  section
   37  one  hundred  eighty-nine  of  the  economic  development  law, shall be
   38  allowed a credit, subject to the limitations thereon contained  in  this
   39  subdivision,  against  the  tax  imposed under this section equal to net
   40  lost revenues from the delivery of  power  under  such  power  for  jobs
   41  program.  Net  lost  revenues means the "net receipts" less "net utility
   42  revenue" from such delivery of power. For purposes of this  subdivision,
   43  "net  receipts" shall mean the amount that the utility would have other-
   44  wise received from customers receiving power pursuant to allocations  by
   45  the  New  York  state  economic  development  power  allocation board in
   46  accordance with section one hundred eighty-nine of the economic develop-
   47  ment law, or from customers whose allocation has been transferred to  an
   48  energy  service  company, or from energy service companies to which such
   49  allocation has been transferred, pursuant to its  tariff  supervised  by
   50  the  public  service  commission  for  substantially  comparable service
   51  otherwise applicable to such customers or energy  service  companies  in
   52  the  absence  of  such  designation,  less  the utility's annual average
   53  incremental short-term variable and capacity  costs  of  providing  such
   54  power in the absence of such purchase. For the purposes of this subdivi-
   55  sion, "net utility revenue" shall mean the revenues the utility actually
   56  receives  in  accordance  with such section one hundred eighty-nine from
       A. 9039                             5

    1  such customers so designated by the New York state economic  development
    2  power  allocation  board  or  from  customers  whose allocation has been
    3  transferred to an energy service company, or  from  the  energy  service
    4  companies  to  which  a  power for jobs allocation has been transferred,
    5  less the utility's cost of such  power  under  such  program.  Provided,
    6  however,  that  any  credit  under  this section shall be used only with
    7  respect to the same taxable year during  which  such  credit  arose  and
    8  shall  not  be capable of being carried forward or backward to any other
    9  taxable period. Nor shall any credit be allowed to any utility  for  the
   10  total  amount  of  power,  expressed in kilowatt hours, purchased by the
   11  customers of such utility under such program during the  taxable  period
   12  that exceeds the prorated "baseline energy use" by all customers of that
   13  utility  purchasing  power under such program during the taxable period.
   14  "Baseline energy use" with respect to each customer shall mean the larg-
   15  est amount of kilowatt hours of energy used by such customer during  any
   16  twelve  consecutive  month  period occurring during the preceding thirty
   17  months immediately preceding the New  York  state  economic  development
   18  power  allocation board's recommendation of such customer's application,
   19  prorated to reflect the length of time of the  customer's  participation
   20  in  such  program during the taxable period.  Provided further, however,
   21  that in accordance with subdivision (k) of section one  hundred  eighty-
   22  nine  of  the  economic development law no tax credit shall be available
   23  for any revenue losses when a utility has  declined  to  purchase  power
   24  allocated  for sale under such program. No electric corporation shall be
   25  allowed the tax credit authorized by this  subdivision  until  it  shall
   26  file  a certificate from the department of public service for the period
   27  covered by the return verifying that the calculation of such tax  credit
   28  complies  with this subdivision and the department of public service has
   29  approved such certificate and forwarded a copy of such approved  certif-
   30  icate  to the commissioner or any amended certificate resulting from the
   31  need for correction. The credit allowed by this subdivision shall not be
   32  applicable in calculating any other tax  imposed  or  authorized  to  be
   33  imposed  by  this  chapter  or  any other law, and the amount of the tax
   34  surcharge imposed under section one hundred eighty-six-c of this article
   35  shall be calculated and payable as if the credit provided  for  by  this
   36  subdivision were not allowed.
   37    S  6.  Section  11  of  chapter  645  of the laws of 2006 amending the
   38  economic development law and other laws relating  to  reauthorizing  the
   39  New  York  power authority to make contributions to the general fund, as
   40  amended by section 6 of part Y of chapter 59 of the  laws  of  2008,  is
   41  amended to read as follows:
   42    S  11.   This act shall take effect immediately and shall be deemed to
   43  have been in full force and effect on and after April 1, 2006; provided,
   44  however, that the amendments to section 183 of the economic  development
   45  law  and  subparagraph  2 of paragraph g of the ninth undesignated para-
   46  graph of section 1005 of the public authorities law made by sections two
   47  and six of this act shall not affect the expiration of such section  and
   48  subparagraph,  respectively,  and  shall  be deemed to expire therewith;
   49  provided further, however, that the amendments to  section  189  of  the
   50  economic  development  law and subdivision 9 of section 186-a of the tax
   51  law made by sections three, four, five and ten of  this  act  shall  not
   52  affect  the  repeal  of  such section and subdivision, respectively, and
   53  shall be deemed to be repealed  therewith;  provided  further,  however,
   54  that section seven of this act shall expire and be deemed repealed [June
   55  30] MAY 15, [2009] 2010.
       A. 9039                             6

    1    S  7.    Subparagraph 2 of paragraph g of the ninth undesignated para-
    2  graph of section 1005 of the  public  authorities  law,  as  amended  by
    3  section  7  of  part  Y of chapter 59 of the laws of 2008, is amended to
    4  read as follows:
    5    2. The authority, as deemed feasible and advisable by the trustees, is
    6  authorized  to  make  payments to recipients of the power for jobs elec-
    7  tricity savings reimbursements and additional annual voluntary  contrib-
    8  utions  into  the state treasury to the credit of the general fund.  The
    9  authority shall make such contributions to the state treasury  no  later
   10  than  ninety  days  after the end of the calendar year in which a credit
   11  under subdivision nine of section one hundred eighty-six-a  of  the  tax
   12  law  is  available:  (a)  for  the additional three hundred megawatts of
   13  power under the fourth phase  of  the  program  provided  under  chapter
   14  sixty-three  of  the  laws of two thousand and under the fifth phase for
   15  the additional one hundred eighty-three megawatts provided under chapter
   16  two hundred twenty-six of the laws of two thousand two; and (b) for  any
   17  extension  of any contract for allocations under the fourth phase of the
   18  program and under the fifth phase of the program. Payments for any elec-
   19  tricity savings reimbursement under section one hundred  eighty-nine  of
   20  the  economic  development  law  shall be made pursuant to such section.
   21  Such annual contributions shall be equal to fifty percent of  the  total
   22  amount  of such credits available each year to all local distributors of
   23  electricity. In addition, such authorization for contribution  in  state
   24  fiscal  year  two thousand two--two thousand three shall be equal to the
   25  total amount of credit available in two thousand one  and  two  thousand
   26  two;  and  such  authorization for contribution in state fiscal year two
   27  thousand three--two thousand four shall be equal to the total amount  of
   28  credit  available  in  two  thousand  three;  under  subdivision nine of
   29  section one hundred eighty-six-a of the tax law under the  fourth  phase
   30  of the program for the additional three hundred megawatts provided under
   31  chapter  sixty-three  of  the  laws  of two thousand and under the fifth
   32  phase for the additional one  hundred  eighty-three  megawatts  provided
   33  under chapter two hundred twenty-six of the laws of two thousand two. In
   34  state  fiscal year two thousand four--two thousand five, such authorized
   35  annual contribution shall be equal to one hundred percent of  the  total
   36  amount  of such credits available each year to all local distributors of
   37  electricity. Such authorization for contribution in state  fiscal  years
   38  two  thousand  four  and  two  thousand five shall be equal to the total
   39  amount of credit available in two thousand four and two  thousand  five;
   40  under  subdivision  nine  of section one hundred eighty-six-a of the tax
   41  law under the fourth phase of  the  program  for  the  additional  three
   42  hundred  megawatts provided under chapter sixty-three of the laws of two
   43  thousand and under the fifth phase for the additional one hundred eight-
   44  y-three megawatts provided under chapter two hundred twenty-six  of  the
   45  laws  of  two thousand two. In addition, such authorization for contrib-
   46  ution for any extension of any contract for allocations under the fourth
   47  phase of the program and under the fifth phase of the  program  in  each
   48  state  fiscal  year  shall  be  equal  to  the total amount of credit or
   49  reimbursement available in state  fiscal  year  two  thousand  four--two
   50  thousand five, state fiscal year two thousand five--two thousand six and
   51  two  thousand six--two thousand seven. Additionally, notwithstanding any
   52  other section of law, the authority is authorized to make a contribution
   53  in an amount related to total amounts of credit  received  under  phases
   54  one,  two,  three,  four  and  five of the program. In no case shall the
   55  contribution for state fiscal year two thousand five--two  thousand  six
   56  be  less  than  seventy-five million dollars. The contribution for state
       A. 9039                             7

    1  fiscal year two thousand six--two thousand seven shall  be  one  hundred
    2  million  dollars.  The  contribution  for state fiscal year two thousand
    3  seven--two thousand eight shall be thirty million dollars. The  contrib-
    4  ution  for state fiscal year two thousand eight--two thousand nine shall
    5  be twenty-five million dollars. THE CONTRIBUTION FOR STATE  FISCAL  YEAR
    6  TWO THOUSAND NINE--TWO THOUSAND TEN SHALL BE TWELVE MILLION FIVE HUNDRED
    7  THOUSAND  DOLLARS.  The  department of public service shall estimate the
    8  payment due by the end of the calendar  year  in  which  the  credit  is
    9  available. In no case shall the amount of the total annual contributions
   10  for  the  years  during which delivery and sale of power associated with
   11  all power for jobs phases and any extensions thereof takes place  exceed
   12  the  aggregate total of four hundred [forty-nine] SIXTY-ONE million FIVE
   13  HUNDRED THOUSAND dollars.
   14    S 8.  Section 1005 of the public authorities law is amended by  adding
   15  a new subdivision 16 to read as follows:
   16    16.   A. TO PROMOTE THE CONSERVATION AND EFFICIENT USE OF ELECTRICITY,
   17  THE POWER AUTHORITY OF THE STATE OF NEW YORK SHALL UNDERTAKE OR CAUSE TO
   18  BE UNDERTAKEN ENERGY AUDITS IN CONNECTION WITH THE ECONOMIC  DEVELOPMENT
   19  POWER, EXPANSION POWER, REPLACEMENT POWER, PRESERVATION POWER, HIGH LOAD
   20  FACTOR POWER, MUNICIPAL DISTRIBUTION AGENCY POWER AND THE POWER FOR JOBS
   21  PROGRAMS.   ENERGY AUDITS SHALL BE CONDUCTED FOR A REPRESENTATIVE SAMPLE
   22  OF THE RECIPIENTS OF SUCH LOW-COST  POWER  PROGRAMS.  THE  AUDITS  SHALL
   23  ASSESS  A  RECIPIENT'S ELECTRICITY USE TO DETERMINE COST-EFFECTIVE MEAS-
   24  URES THAT COULD BE EMPLOYED TO  REDUCE  ENERGY  COSTS,  ENERGY  USE,  OR
   25  IMPROVE  THE EFFICIENCY OF BUILDINGS, BUILDING SYSTEMS, EQUIPMENT, PROC-
   26  ESSES OR OPERATIONS. THE REPRESENTATIVE SAMPLE SHALL TAKE INTO CONSIDER-
   27  ATION THE PROGRAM OF ENROLLMENT, TYPE OF BUSINESS, GEOGRAPHY FOR  STATE-
   28  WIDE  PROGRAMS  AND ALLOCATION SIZE. RECIPIENTS' ENERGY AUDITS PERFORMED
   29  UP TO FIVE YEARS PRIOR TO THE EFFECTIVE DATE OF THIS SUBDIVISION MAY  BE
   30  CONSIDERED.    COSTS  OF  THE  ENERGY  AUDITS SHALL BE PAID BY THE POWER
   31  AUTHORITY OF THE STATE OF NEW YORK AS DEEMED FEASIBLE AND  ADVISABLE  BY
   32  THE BOARD. FOR PURPOSES OF IMPLEMENTING THIS SUBDIVISION ONLY, THE POWER
   33  AUTHORITY  OR  ITS  AGENT  IS  AUTHORIZED  TO APPLY FOR FUNDING FROM ANY
   34  PROGRAM THAT PAYS ALL OR SOME OF THE COSTS OF SUCH AUDITS, AND THE POWER
   35  AUTHORITY OR ITS AGENT SHALL BE ENTITLED TO RECEIVE SUCH FUNDING  AS  IF
   36  THE RECIPIENT OF SUCH LOW-COST POWER HAD APPLIED FOR THE FUNDING DIRECT-
   37  LY.
   38    B.  THE  AUTHORITY  SHALL  COMPLETE  AND SUBMIT A REPORT ON THE ENERGY
   39  AUDIT PROGRAM TO THE GOVERNOR, THE SPEAKER OF THE ASSEMBLY,  THE  TEMPO-
   40  RARY PRESIDENT OF THE SENATE, THE MINORITY LEADER OF THE SENATE, AND THE
   41  MINORITY LEADER OF THE ASSEMBLY, THE CHAIR OF THE SENATE FINANCE COMMIT-
   42  TEE,  THE  CHAIR  OF THE ASSEMBLY WAYS AND MEANS COMMITTEE, THE CHAIR OF
   43  THE ASSEMBLY ENERGY COMMITTEE AND THE CHAIR OF  THE  SENATE  ENERGY  AND
   44  TELECOMMUNICATIONS COMMITTEE AND THE STATE COMPTROLLER BY FEBRUARY TWEN-
   45  TY-EIGHTH, TWO THOUSAND TEN.
   46    S 9. (a) The power authority of the state of New York, in consultation
   47  with the department of economic development, shall complete and submit a
   48  report  on  the  power  authority's low cost power programs.  The report
   49  shall examine the replacement, expansion, preservation  power  programs,
   50  the  industrial  economic  development power program, the power for jobs
   51  programs, and the economic cost saving benefits power programs. Informa-
   52  tion to be presented in the  report  shall  reflect  the  state  of  the
   53  programs  as  of  June 30, 2009 and the year prior and shall include but
   54  not be limited to:
   55    i. a short history of the programs;
       A. 9039                             8

    1    ii. a complete list of all recipients of  these  programs  grouped  by
    2  program;
    3    iii. the city or town and county of each recipient;
    4    iv. the allocation allotted to each recipient;
    5    v. annualized retail value of each program;
    6    vi.  the original employment commitment from each recipient;
    7    vii. the current employment level for each recipient;
    8    viii.  an assessment of the economic benefits to New York, which shall
    9  include, but not be limited to: jobs  created  and  retained,  level  of
   10  capital  investment, wage and benefit levels, and the effect of regional
   11  economies; and shall include  an  assessment  on  the  effect  of  these
   12  programs  considering  the  ongoing economic conditions in the state and
   13  any methodology used in analyses in this report; and
   14    ix. the energy procurement practices, including all  supply  side  and
   15  demand  side  activities,  the  authority  uses to meet the capacity and
   16  needs of its customers.
   17    The report shall also include a brief description  of  the  preference
   18  power  program  including  the  total  power available to the program as
   19  measured in megawatts, the total power used by the program  as  measured
   20  in  megawatt  hours  for  the  program as a whole and by utility service
   21  area, an estimated annualized retail  value  for  the  program  and  the
   22  metric  for  calculating  that value.   The report shall be submitted by
   23  December 30, 2009 to the governor, the  speaker  of  the  assembly,  the
   24  temporary  president  of  the senate, the minority leader of the senate,
   25  the minority leader of the assembly, the chair  of  the  senate  finance
   26  committee, the chair of the assembly ways and means committee, the chair
   27  of  the  assembly  energy  committee, the chair of the senate energy and
   28  telecommunications committee, and the state  comptroller  and  shall  be
   29  made available on the authority's website.
   30    (b)  The power authority of the state of New York shall provide copies
   31  of all reports required by subdivision 14 of section 1005 of the  public
   32  authorities law, for the year 2006, 2007, 2008 and 2009 to the governor,
   33  the  speaker of the assembly, the temporary president of the senate, the
   34  minority leader of the senate, and the minority leader of the  assembly,
   35  the  chair  of  the  senate finance committee, the chair of the assembly
   36  ways and means committee, the chair of the assembly energy committee and
   37  the chair of the senate energy and telecommunications committee, and the
   38  state comptroller by December 30, 2009.
   39    S 10. Severability clause. If any clause, sentence, paragraph,  subdi-
   40  vision,  section  or  part of this act shall be adjudged by any court of
   41  competent jurisdiction to be invalid, such judgment  shall  not  affect,
   42  impair,  or  invalidate  the remainder thereof, but shall be confined in
   43  its operation to the clause, sentence, paragraph,  subdivision,  section
   44  or part thereof directly involved in the controversy in which such judg-
   45  ment shall have been rendered. It is hereby declared to be the intent of
   46  the  legislature  that  this  act  would  have been enacted even if such
   47  invalid provisions had not been included therewith.
   48    S 11. This act shall take effect immediately; provided that the amend-
   49  ments to sections 183 and 189 of the economic development law,  subdivi-
   50  sion 9 of section 186-a of the tax law and subparagraph 2 of paragraph g
   51  of  the  ninth  undesignated  paragraph  of  section  1005 of the public
   52  authorities law, made by sections one, two, three,  five  and  seven  of
   53  this  act,  shall not affect the expiration of such provisions and shall
   54  be deemed repealed therewith.
Contact Webmaster
Page display time = 0.339 sec