Bill > A00040

This bill modifies provisions related to the New York Power Authority's (NYPA) use of St. Lawrence county economic development power. Specifically, it removes a previous provision that would have reduced the maximum amount of power that could be used to generate net earnings from 20 to 10 megawatts after five years. The bill also expands the definition of the "Authority-TMED contract" (a contract between NYPA and the Town of Massena Electric Department) to include any extensions or successor contracts that expire on or before 2040. The Northern New York Economic Development Fund, which consists of net earnings from this power allocation, will continue to require at least 15% of its funds to be dedicated to energy-related projects, programs, and services. The bill allows NYPA to use fund monies to cover administrative costs related to the power allocation program. The changes aim to provide more flexibility in how St. Lawrence county economic development power can be used and allocated, potentially supporting local economic development efforts in the region.

Agriculture and Natural Resources

https://www.nysenate.gov/legislation/bills/2025/A40