Relates to the amount of St. Lawrence county economic development...
Relates to the amount of St. Lawrence county economic development power that may be used by the New York Power Authority to generate net earnings and authority-TMED contracts.
This bill, numbered A00040, aims to set limits on how much economic development power in St. Lawrence County can be used by the New York Power Authority (NYPA) to generate earnings and enter into authority-TMED contracts. Essentially, it regulates the use of power for economic development in a specific county.
The bill would impact the New York Power Authority, local economic development in St. Lawrence County, and possibly ratepayers and businesses that depend on the power generated. It seeks to balance economic growth with responsible power usage.
As of January 8, 2025, the bill has been introduced and referred to the Assembly Energy Committee for further review. It was introduced on January 8, 2025, and most recently referred to energy on January 7, 2026. The bill is in its early stages of the legislative process.