PSC-02-16-00012-P NYSEG's Procedures, Terms and Conditions of its Targeted Financial Assistance Program

1/13/16 N.Y. St. Reg. PSC-02-16-00012-P

NEW YORK STATE REGISTER

VOLUME XXXVIII, ISSUE 2

January 13, 2016

RULE MAKING ACTIVITIES

PUBLIC SERVICE COMMISSION

PROPOSED RULE MAKING

NO HEARING(S) SCHEDULED

 

I.D No. PSC-02-16-00012-P

NYSEG's Procedures, Terms and Conditions of its Targeted Financial Assistance Program

PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:

Proposed Action:

The Public Service Commission is considering a petition by New York State Electric and Gas Corporation for a waiver or modification of provisions in two of its Non Rate Economic Development Programs.

Statutory authority:

Public Service Law, sections 5(1)(b), 65(1), (2), (3), 66(1), (3), (5), (10), (12) and (12-b)

Subject:

NYSEG's procedures, terms and conditions of its Targeted Financial Assistance Program.

Purpose:

Provide additional economic development program assistance for a new manufacturing facility.

Substance of proposed rule:

The Public Service Commission is considering a petition filed by New York State Electric and Gas Corporation requesting a waiver for the provisions of its Targeted Financial Assistance and Natural Gas Infrastructure Investment Programs which would allow the Company to provide a grant, from its accumulated economic development reserve fund, to a new manufacturing facility having appreciable economic merit. The Commission may adopt, reject or modify the petition, in whole or in part, the relief proposed and may address any related matters.

Text of proposed rule and any required statements and analyses may be obtained by filing a Document Request Form (F-96) located on our website http://www.dps.ny.gov/f96dir.htm. For questions, contact:

John Pitucci, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, [phone], email: [e-mail]

Data, views or arguments may be submitted to:

Kathleen H. Burgess, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, [phone], email: [e-mail]

Public comment will be received until:

45 days after publication of this notice.

Regulatory Impact Statement, Regulatory Flexibility Analysis, Rural Area Flexibility Analysis and Job Impact Statement

Statements and analyses are not submitted with this notice because the proposed rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.

(15-M-0708SP1)