New York A 4621: Creates the under-grounding of electrical power or telecommunications lines fund

Bill Text

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A04621 Summary:

BILL NOA04621 

&nbsp

SAME ASNo Same As

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SPONSORSmith

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COSPNSR

&nbsp

MLTSPNSR

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Add §99-ss, St Fin L

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Creates the under-grounding of electrical power or telecommunications lines fund to provide for the purpose of moving overhead electrical power or telecommunications lines underground from monies appropriated, including, but not limited to, any funds supplied by the Federal Emergency Management Agency for disaster recovery and hazard mitigation which may be used for state infrastructure repair.

Go to top A04621 Actions:

BILL NOA04621 

&nbsp

02/04/2025referred to ways and means

01/07/2026referred to ways and means

Go to topA04621 Committee&nbspVotes:

Go to topA04621 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA04621 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 4621

 2025-2026 Regular Sessions

 IN ASSEMBLY

 February 4, 2025
 ___________

 Introduced by M. of A. SMITH -- read once and referred to the Committee
 on Ways and Means

 AN ACT to amend the state finance law, in relation to creating the
 under-grounding of electrical power or telecommunications lines fund

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The state finance law is amended by adding a new section
 2 99-ss to read as follows:
 3 § 99-ss. Under-grounding of electrical power or telecommunications
 4 lines fund. 1. There is hereby established in the joint custody of the
 5 state comptroller and the commissioner of taxation and finance a special
 6 revenue fund to be known as the "under-grounding of electrical power or
 7 telecommunications lines fund".
 8 2. The fund shall consist of all monies appropriated for its purpose
 9 included but not limited to any funds supplied by the Federal Emergency
 10 Management Agency for disaster recovery and hazard mitigation which may
 11 be used for state infrastructure repair.
 12 3. Monies of the fund, when allocated, shall be disbursed to provide
 13 for the purpose of moving overhead electrical power or telecommuni-
 14 cations lines underground. Under the fund counties, towns and villages
 15 may apply for reimbursement from the fund to contract with power and
 16 telecommunications providers as provided in this section. Counties,
 17 towns and villages may supply a two person crew and use of certain
 18 project necessary equipment to power and telecommunications providers
 19 for the purpose of moving overhead electrical power or telecommuni-
 20 cations lines underground.
 21 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD02610-01-5

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