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A04526 Summary:

BILL NOA04526
 
SAME ASSAME AS S02205
 
SPONSORMorinello
 
COSPNSR
 
MLTSPNSR
 
Amd §1003, Pub Auth L
 
Provides that the next appointed trustee of the power authority of New York state shall be from Niagara county and provides for a permanent trustee from such county on such authority.
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A04526 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          4526
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                    February 4, 2025
                                       ___________
 
        Introduced  by  M.  of  A.  MORINELLO  --  read once and referred to the
          Committee on Corporations, Authorities and Commissions
 
        AN ACT to amend the public authorities law, in relation to the  trustees
          of the power authority of New York state
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Section 1003 of the public authorities law, as  amended  by
     2  chapter 766 of the laws of 2005, is amended to read as follows:
     3    §  1003.  Trustees.  1. (a) The authority shall consist of seven trus-
     4  tees, five of whom shall serve  respectively  for  terms  of  one,  two,
     5  three, four and five years, to be appointed by the governor, by and with
     6  the  advice  and  consent  of the senate. The sixth and seventh trustees
     7  shall be appointed by the governor, by and with the advice  and  consent
     8  of  the  senate,  and  shall  serve  initial  terms of one and two years
     9  respectively. Each trustee shall hold office until a successor has  been
    10  appointed  and  qualified. At the expiration of the term of each trustee
    11  and of each succeeding trustee the  governor  shall,  by  and  with  the
    12  advice  and  consent  of the senate, appoint a successor, who shall hold
    13  office for a term of five years, or until a successor has been appointed
    14  and qualified. In the event of a vacancy occurring in the office of  the
    15  trustee  by  death, resignation or otherwise, the governor shall, by and
    16  with the advice and consent of the  senate,  appoint  a  successor,  who
    17  shall hold office for the unexpired term. Four trustees shall constitute
    18  a  quorum for the purpose of organizing the authority and conducting the
    19  business thereof.
    20    (b) Notwithstanding the provisions of paragraph (a) of  this  subdivi-
    21  sion,  the  first  vacancy  in  an office of trustee occurring after the
    22  effective date of this paragraph  shall  be  filled  by  a  resident  of
    23  Niagara  county  and  thereafter at least one office of trustee shall be
    24  held by a resident of Niagara county.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04289-01-5

        A. 4526                             2
 
     1    2. The trustee chosen as [chairman] chairperson as provided in section
     2  one thousand four of this title, shall receive an  annual  salary  which
     3  shall  be  set  by  the  trustees  of the authority, and which shall not
     4  exceed the salary prescribed for the positions listed in  paragraph  (f)
     5  of  subdivision  one  of section one hundred sixty-nine of the executive
     6  law. Each other trustee shall not receive  a  salary  or  other  compen-
     7  sation.  Each  trustee  shall  receive  [his  or  her]  their reasonable
     8  expenses in the performance of [his or her] their duties hereunder.  The
     9  trustee chosen as [chairman] chairperson may elect to become a member of
    10  the  New  York state and local employees' retirement system on the basis
    11  of such compensation to which [he or she]  they  shall  be  entitled  as
    12  herein  provided  notwithstanding the provisions of any general, special
    13  or local law, municipal charter, or ordinance.
    14    § 2. This act shall take effect immediately.
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