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A06348 Summary:

BILL NOA06348
 
SAME ASSAME AS S02852
 
SPONSORVanel
 
COSPNSR
 
MLTSPNSR
 
 
Authorizes and directs the public service commission to conduct a comprehensive study and prepare a report on the feasibility of transferring services provided by gas and electric corporations in this state to an entity owned and operated by the state of New York.
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A06348 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A6348
 
SPONSOR: Vanel
  TITLE OF BILL: An act in relation to authorizing and directing the public service commission to conduct a comprehensive study and prepare a report on the feasibility of transferring services provided by gas and electric corpo- rations in this state to an entity owned and operated by the state of New York   PURPOSE OR GENERAL IDEA OF BILL: Directs the public service commission to conduct a study and report on the feasibility of transferring utility services to an entity owned and operated by the state of New York   SUMMARY OF SPECIFIC PROVISIONS:   JUSTIFICATION: A study on public power utility provides long-term value to its communi- ty and citizens. The benefits are manifold, including (to name a few) rate stability, support for jobs, policies that are in line with commu- nity priorities, and financial support for local government functions. To examine these benefits, it is helpful to consider them in broad cate- gories: local control, reliable customer service, affordable rates, and economic development.   PRIOR LEGISLATIVE HISTORY: New Bill   FISCAL IMPLICATIONS: None Yet   EFFECTIVE DATE: This act shall take effect immediately
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A06348 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          6348
 
                               2021-2022 Regular Sessions
 
                   IN ASSEMBLY
 
                                     March 16, 2021
                                       ___________
 
        Introduced  by M. of A. VANEL -- read once and referred to the Committee
          on Corporations, Authorities and Commissions
 
        AN ACT in relation to  authorizing  and  directing  the  public  service
          commission  to  conduct  a comprehensive study and prepare a report on
          the feasibility of transferring services provided by gas and  electric
          corporations  in  this  state  to  an entity owned and operated by the
          state of New York
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section 1. The public service commission is authorized and directed to
     2  conduct a comprehensive study and prepare a report on the feasibility of
     3  transferring  services provided by gas and electric corporations in this
     4  state to an entity owned and operated by the state  of  New  York.  Such
     5  report shall include, but not be limited to:
     6    1.  a  recommendation on the nature of such entity and how such entity
     7  should be structured;
     8    2. the role of such entity with respect to other state agencies;
     9    3. the degree of autonomy and independence that such entity should  be
    10  afforded;
    11    4. a projection of the cost of such transfer;
    12    5. a projection of the long-term cost effectiveness of such transfer;
    13    6. the impact on the price of energy to consumers;
    14    7. the impact on the price of the delivery of energy to consumers;
    15    8. the impact on the quality of service provided to consumers;
    16    9.  the  impact  on  the efficiency and effectiveness of responding to
    17  power outages and storm related damage; and
    18    10. any other information the commission deems appropriate.
    19    § 2. Such report shall be filed with the governor, the temporary pres-
    20  ident of the senate, and the speaker of the  assembly  within  one  year
    21  after the effective date of this act.
    22    § 3. This act shall take effect immediately.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08761-01-1
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