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NY A10733
Bill
Status
6/14/2016
Primary Sponsor
James Brennan
Click for details
AI Summary
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Power Authority must prepare an implementation plan for reconstituting the canal corporation as a subsidiary and transferring canal system operations from Thruway Authority to Power Authority, due by October 1, 2016.
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Implementation plan must address IT system integration, property management, personnel/equipment space, fiscal impact on Power Authority's low-cost power and economic development programs, and employee collective bargaining rights protections.
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Plan must confirm that power rates for retail customers and economic development programs will not increase as a direct result of the canal transfer.
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Power Authority must submit a separate report by October 1, 2017 reviewing current canal programs, usage trends, revenue sources, renewable energy feasibility, and potential synergies with other entities.
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Governor-appointed task force must submit status report on the canal transfer by October 1, 2018 to legislative leaders and relevant committee chairs.
Legislative Description
Relates to eliminating the canal corporation in relation to an implementation plan for continuing and reconstituting the NYS canal corporation as a subsidiary corporation of the power authority of NYS and transferring powers and duties regarding the NYS canal system from the NYS thruway authority to the power authority of NYS.
Last Action
referred to corporations, authorities and commissions
6/14/2016