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A02009 Summary:

BILL NOA02009
 
SAME ASNo Same As
 
SPONSORHevesi
 
COSPNSRAbinanti
 
MLTSPNSR
 
 
Directs the public service commission to conduct a study on gas and electric supply prices during the time period commencing on November 1, 2017 and ending on April 30th, 2018.
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A02009 Actions:

BILL NOA02009
 
01/17/2017referred to corporations, authorities and commissions
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A02009 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A2009
 
SPONSOR: Hevesi
  TITLE OF BILL: An act directing the public service commission to conduct a study on gas and electric supply prices; and providing for the repeal of such provisions upon expiration thereof   PURPOSE: To direct the Public Service Commission and the Bulk System Operator to conduct a study on the causes of large price increases for electric and gas supply this past winter and provide policy recommendations to the legislature.   SUMMARY OF PROVISIONS: Section 1. Requires the Public Service Commission and the Bulk system operator to conduct a study to determine the factors that caused major price spikes on consumer gas and electric bills this past winter. Section 2. Sets forth the effective date   JUSTIFICATION: The winters in NYS can cause some of the largest electricity supply price increases. The Public Service commission and the Bulk system oper- ator are in the best position to understand and evaluate the state and causes of these large price increases. The Commission's most important statutory duty is to act in the public interest and nothing could more clearly fall into that category than explaining why these massive price increases happen and making recommendations to the legislature about policy changes that might mitigate these increases in the future. Consumers are justifiably demanding answers and this bill will help to provide them.   FISCAL IMPLICATIONS: Minimal-only cost is the value of time spent on this project by Depart- ment of Public Service Staff.   HISTORY: A.3626 (2015-2016); A.9503A (2013-2014)   EFFECTIVE DATE: This bill shall take effect immediately and shall expire and be deemed repealed November 15, 2018.
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A02009 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          2009
 
                               2017-2018 Regular Sessions
 
                   IN ASSEMBLY
 
                                    January 17, 2017
                                       ___________
 
        Introduced by M. of A. HEVESI, ABINANTI -- read once and referred to the
          Committee on Corporations, Authorities and Commissions
 
        AN ACT directing the public service commission to conduct a study on gas
          and  electric  supply  prices;  and  providing  for the repeal of such
          provisions upon expiration thereof

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1. Gas and electric supply price study.  a. Within forty-five
     2  days of the effective date of this act, the  public  service  commission
     3  shall  conduct  a  study  in  cooperation and consultation with the bulk
     4  system operator relating to the cause or causes of increases in consumer
     5  prices for gas and  electric  supply  service  during  the  time  period
     6  commencing on November first, two thousand seventeen and ending on April
     7  thirtieth, two thousand eighteen.
     8    b.  Upon  completion  and  review  of  the data in connection with the
     9  study, the public service commission shall issue a report to the  gover-
    10  nor and the legislature which shall include recommendations for statuto-
    11  ry  and  regulatory changes that may be implemented in order to mitigate
    12  future such increases in gas and electric supply prices.
    13    c. Such report shall be completed no later  than  November  fifteenth,
    14  two thousand eighteen and copies shall be forwarded to the governor, the
    15  temporary  president  of  the  senate,  the speaker of the assembly, the
    16  chair of the senate energy and telecommunications committee,  the  chair
    17  of  the  assembly  energy  committee and also posted on the department's
    18  website.
    19    § 2. This act shall take effect immediately and shall  expire  and  be
    20  deemed repealed November 15, 2018.
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02647-01-7
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