PSC-40-11-00008-P Notification Concerning Tax Refunds

10/5/11 N.Y. St. Reg. PSC-40-11-00008-P

NEW YORK STATE REGISTER

VOLUME XXXIII, ISSUE 40

October 05, 2011

RULE MAKING ACTIVITIES

PUBLIC SERVICE COMMISSION

PROPOSED RULE MAKING

NO HEARING(S) SCHEDULED

 

I.D No. PSC-40-11-00008-P

Notification Concerning Tax Refunds

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

Proposed Action:

The PSC is considering Verizon New York Inc.'s petition seeking retention of a portion of a property tax refund related to its regulated, intrastate New York operations.

Statutory authority:

Public Service Law, section 113(2)

Subject:

Notification concerning tax refunds.

Purpose:

To consider Verizon New York Inc.'s request to retain a portion of a property tax refund.

Substance of proposed rule:

On September 8, 2011, Verizon New York Inc. (Verizon) filed a petition proposing the disposition of that portion of a property tax refund allocable to its regulated, intrastate New York operations. The tax refund of approximately $1,600,000 was the result of the settlement of claims related to their real property assessments in the Town of North Hempstead. Verizon requests permission to retain that portion of the tax refund allocable to its regulated, intrastate New York operations of approximately $1,000,000. The Commission may approve, reject or modify in whole or in part, the company’s request, or may take other related action.

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.state.ny.us/f96dir.htm. For questions, contact:

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

Data, views or arguments may be submitted to:

Jaclyn A. Brilling, 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.

(11-C-0479SP1)