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NY A10734
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 by October 1, 2016 for reconstituting the canal corporation as a subsidiary and transferring canal system operations from the Thruway Authority to the Power Authority
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Implementation plan must address IT system integration, property management, employee space allocation, fiscal impacts on Power Authority's low-cost power programs and economic development incentive programs, collective bargaining protections, and assurance that rates for Power Authority customers will not increase
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Power Authority must submit a separate report by October 1, 2017 reviewing current canal programs, historical usage trends, revenue sources, renewable energy feasibility within the canal system, and potential synergies with the Power Authority
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Three years after enactment, the Governor and Legislature must establish a task force to evaluate the success of incorporating the canal corporation into the Power Authority and recommend whether to establish it as a separate entity
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Sections 5, 28, and 30 take effect immediately; remaining provisions take effect January 1, 2017
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