NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
BILL NUMBER: A5492
SPONSOR: Smith TITLE OF BILL:
An act to amend the public authorities law, in relation to the powers
and duties of the power authority of the state of New York
PURPOSE OR GENERAL IDEA OF BILL:
This bill would allow public entities such as county governments, muni-
cipalities, towns, villages, special districts, school districts, fire
districts and not-for-profit organizations to bundle their electrical
services.
SUMMARY OF PROVISIONS:
This bill would amend Section 1005 of the public authorities law by
adding a new subdivision 26.
JUSTIFICATION:
This bill would enable our communities to bundle electrical services in
order to get a cheaper rate from the electric companies and lower their
administrative fees. This will save our communities money and allow them
to use these funds for other services.
PRIOR LEGISLATIVE HISTORY:
2021-2022: A4719 Held for consideration in Corporations, Authorities and
Commissions
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:
None.
EFFECTIVE DATE:
This act shall take effect immediately.
STATE OF NEW YORK
________________________________________________________________________
5492
2023-2024 Regular Sessions
IN ASSEMBLY
March 13, 2023
___________
Introduced by M. of A. SMITH -- read once and referred to the Committee
on Energy
AN ACT to amend the public authorities law, in relation to the powers
and duties of the power authority of 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. Section 1005 of the public authorities law is amended by
2 adding a new subdivision 30 to read as follows:
3 30. The authority is authorized to allow the state of New York, and
4 its political subdivisions, including but not limited to, county govern-
5 ments, municipalities, towns, villages, special districts, school
6 districts and fire districts and not-for-profit corporations to bundle
7 electrical services.
8 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD01015-01-3
