Requires the Long Island power authority to impose time of day rates and charges for electric or gas power, upon the expiration of the existing limitations upon the rates which may be charged therefor.
STATE OF NEW YORK
________________________________________________________________________
3668
2011-2012 Regular Sessions
IN SENATE
March 1, 2011
___________
Introduced by Sen. HANNON -- read twice and ordered printed, and when
printed to be committed to the Committee on Corporations, Authorities
and Commissions
AN ACT to authorize the Long Island power authority to impose time of
day rates and charges for the furnishing or rendition of gas or elec-
tric power
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Notwithstanding any provision of law to the contrary, upon
2 the expiration of the existing limitations upon the rates and charges
3 which may be imposed by the Long Island power authority for the furnish-
4 ing or rendition of gas or electric power or of any related service,
5 such authority shall, consistent with the provisions of subdivision (u)
6 of section 1020-f and subdivision 6 of section 1020-k of the public
7 authorities law, as added by chapter 517 of the laws of 1986, fix such
8 rates and charges based upon the time of day of the furnishing or rendi-
9 tion of such power or services.
10 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD09767-01-1
