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S07007 Summary:

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S07007 Floor Votes:

S07007 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         7007--A
            Cal. No. 958
 
                    IN SENATE
 
                                     April 11, 2014
                                       ___________
 
        Introduced by Sens. MAZIARZ, CARLUCCI, KENNEDY, LARKIN, LATIMER, RITCHIE
          -- read twice and ordered printed, and when printed to be committed to
          the  Committee  on Energy and Telecommunications -- reported favorably
          from said committee and committed  to  the  Committee  on  Finance  --
          reported  favorably  from  said  committee,  ordered  to first report,

          amended on first report,  ordered  to  a  second  report  and  ordered
          reprinted, retaining its place in the order of second report
 
        AN ACT directing the public service commission to conduct a study on gas
          and  electric  supply  prices;  and  providing  for the repeal of such
          provision 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 thirteen and ending on April

     7  thirtieth, two thousand fourteen.
     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 fourteen 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, 2014.
 

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14707-03-4