Bill Text: NY A10987 | 2019-2020 | General Assembly | Introduced

New York Assembly Bill 10987 (Prior Session Legislation)

Introduced

Bill Title: Relates to mandating budget expenditures by gas and electric corporations to improve power outage response and to stormproof power lines.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-09-09 - referred to corporations, authorities and commissions [A10987 Detail]

Download: New_York-2019-A10987-Introduced.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                          10987

                   IN ASSEMBLY

                                    September 9, 2020
                                       ___________

        Introduced   by   COMMITTEE  ON  RULES  --  (at  request  of  M.  of  A.
          Pheffer Amato) -- read once and referred to the  Committee  on  Corpo-
          rations, Authorities and Commissions

        AN  ACT to amend the public service law, in relation to mandating budget
          expenditures by gas and electric corporations to improve power  outage
          response and to stormproof power lines

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. The public service law is amended by adding a  new  section
     2  73 to read as follows:
     3    §  73.  Mandatory budget expenditures to improve power outage response
     4  and to stormproof power lines. 1. For the year two  thousand  twenty-one
     5  and  every  year  thereafter,  every gas corporation and electric corpo-
     6  ration in this state shall dedicate and use forty percent of its operat-
     7  ing budget for the purpose of improving such corporation's  response  to
     8  power  outages  and storm related damage. Such budget expenditures shall
     9  be used specifically for: (a) infrastructure hardening; (b) storm  resi-
    10  lience;  (c)  improving response time to power outages and storm related
    11  damage, and the effectiveness of such response; (d) removing power lines
    12  from trees; and (e) removing trees and tree limbs  in  the  vicinity  of
    13  power  lines.    The  objective  of such budget expenditures shall be to
    14  stormproof power lines throughout the state  to  reduce  the  number  of
    15  power outages and storm related damage in this state.
    16    2.  On or before April first, two thousand twenty-one and on or before
    17  every July first, October first, January first and April  first,  there-
    18  after,  every  gas  corporation  and  electric corporation in this state
    19  shall file a report with the commission setting forth documentation,  as
    20  determined by the commissioner, necessary to substantiate its compliance
    21  with the provisions of subdivision one of this section.
    22    3.  Any  application  by  a  gas  corporation  or electric corporation
    23  submitted to the commission to increase any rate charged to its  custom-
    24  ers  shall  include  documentation,  as  determined by the commissioner,
    25  necessary to substantiate its compliance with the provisions of subdivi-
    26  sion one of this section.
    27    § 2. This act shall take effect immediately.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD17113-01-0