Bill
S 1357
Overview: S 1357, "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", was introduce
Overview: S 1357, "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", was introduced in the Senate on April 08, 2025.
Purpose and Intent: The bill aims to modify the amount of economic development power from the St. Lawrence County that the New York Power Authority (NYPA) can use to generate net earnings.
Key Provisions:
- Increases the maximum amount of St. Lawrence County economic development power that NYPA can use for net earnings generation from 20 megawatts to 30 megawatts.
- Requires NYPA to use the additional 10 megawatts of power for economic development projects in St. Lawrence County.
- Mandates that NYPA provide an annual report to the legislature on the use of the economic development power.
Affected Parties and Impacts: The bill would primarily impact NYPA and the residents and businesses of St. Lawrence County. The increased economic development power could lead to more investment and job creation in the region.
Procedural and Timeline Considerations: The bill has been referred to the Senate Energy and Telecommunications Committee for further consideration. If passed, the changes would take effect immediately upon enactment.
Compiled from official sources — confirm details with the bill’s official record.
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