A09873 Summary:

BILL NOA09873A
 
SAME ASSAME AS S06842-A
 
SPONSORGoodell (MS)
 
COSPNSRCeretto
 
MLTSPNSRAmedore, Barclay, Blankenbush, Boyle, Burling, Butler, Corwin, Crouch, Finch, Friend, Graf, Hanna, Hawley, Johns, Katz, Losquadro, Malliotakis, McDonough, McLaughlin, Miller D, Montesano, Murray, Oaks, Palmesano, Rabbitt, Smardz, Tenney, Tobacco, Walter
 
 
Requires the power authority to conduct an analysis of the economic viability of certain electric generating facilities.
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A09873 Actions:

BILL NOA09873A
 
04/19/2012referred to corporations, authorities and commissions
05/15/2012amend and recommit to corporations, authorities and commissions
05/15/2012print number 9873a
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A09873 Floor Votes:

There are no votes for this bill in this legislative session.
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A09873 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         9873--A
 
                   IN ASSEMBLY
 
                                     April 19, 2012
                                       ___________
 
        Introduced  by  M. of A. GOODELL, CERETTO -- Multi-Sponsored by -- M. of
          A. AMEDORE, BARCLAY,  BLANKENBUSH,  BOYLE,  BURLING,  BUTLER,  CORWIN,
          CROUCH,  FINCH,  FRIEND,  GRAF, HANNA, HAWLEY, JOHNS, KATZ, LOSQUADRO,
          MALLIOTAKIS,  McDONOUGH,  McLAUGHLIN,  D. MILLER,  MONTESANO,  MURRAY,
          OAKS, PALMESANO, RABBITT, SMARDZ, TENNEY, TOBACCO, WALTER -- read once

          and referred to the Committee on Corporations, Authorities and Commis-
          sions  --  committee  discharged,  bill  amended, ordered reprinted as
          amended and recommitted to said committee
 
        AN ACT to require the power authority to  conduct  an  analysis  of  the
          economic viability of certain electric generating facilities
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Within 90 days, the power authority of  the  state  of  New
     2  York shall conduct an analysis of the current economic viability of load
     3  producing  electric generating facilities in the counties of Chautauqua,
     4  Tompkins and Niagara, and as deemed feasible and advisable by the  board
     5  of trustees, taking full consideration of the requirements and viability

     6  of  the  entire  power  generating system needs of the state of New York
     7  with special consideration of the ratepayers and  taxpayers  in  Western
     8  New  York,  recommend  entering into a purchase power agreement with the
     9  owners and operators of such facilities. Such power purchase  agreements
    10  shall  be  effective  upon  the  conclusion of such 90 day period and be
    11  designed to maintain said facilities power production  capacities  at  a
    12  rate  sufficient  to ensure at least three years worth of no less than a
    13  level of operating income necessary to allow said facilities  to  remain
    14  open  and  functioning reliably and safely and fully staffed at at least
    15  ninety percent of current employment levels, payrolls and local communi-
    16  ty benefits.
    17    § 2.  Notwithstanding any limitations or conditions contained in para-
    18  graph 8 of subdivision (a) and paragraph 7 of subdivision (c) of section

    19  188-a of the economic development law, any power purchased by the  power
    20  authority  of  the state of New York pursuant to section one of this act
    21  shall be considered Recharge New York power, and shall  be  utilized  to
    22  augment  Recharge  New York power allocations for eligible businesses as
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15175-07-2

        A. 9873--A                          2
 
     1  defined in paragraph 5 or 7 of subdivision (a) of section 188-a  of  the
     2  economic  development  law  that are recommended for a Recharge New York
     3  power allocation pursuant to part CC of chapter 60 of the laws of 2011.
     4    § 3. This act shall take effect immediately.
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