NY·Bill·2023 Regular Session
A 695
Relates to the approval of contracts awarded to owners of nuclear powered generating facilities
Introduced 2023-01-11Last action 2024-01-03 — referred to corporations, authorities and commissions
Sponsor
Jeffrey DinowitzD
Cosponsors
Amy PaulinFred Thiele
⚫
Died in Assembly committee
The 2023 Regular Session ended on 2024-06-06. This bill was introduced when the session adjourned and did not advance to enactment.
Legislative Progress
✗
Introduced
2
In Committee
3
Passed Chamber
4
Enacted / Signed
Summary
This bill amends New York's public authorities law to require stricter oversight of contracts between public benefit corporations and nuclear power plant owners for zero-emissions energy credits. Specifically, it removes certain exceptions that would normally allow these contracts to bypass comptroller approval, meaning that contracts awarded to nuclear facility owners for their zero-emissions attributes must now undergo full comptroller review. The main purpose is to increase financial oversight and accountability when public authorities purchase clean energy credits from nuclear plants, ensuring these potentially large public expenditures receive proper scrutiny before approval.
Note
Historical import. Session: 2023-2024
Full Bill Text
http://legislation.nysenate.gov/pdf/bills/2023/A695