5/26/10 N.Y. St. Reg. PSC-21-10-00024-P
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:
Proposed Action:
The Commission is considering the petition of Consolidated Edison Company of New York, Inc. (Con Edison) to retain 14% of an approximately $5.6 million Gross Receipts Taxes (GRT) refund, the result of a challenge relating to the sale of certain properties.
Statutory authority:
Public Service Law, section 113(2)
Subject:
Con Edison proposes to retain a portion of a GRT refund.
Purpose:
To allow Con Edison to retain a portion of a GRT refund.
Public hearing(s) will be held at:
10:30 a.m., July 21, 2010 at Three Empire State Plaza, Albany, NY.
Interpreter Service:
Interpreter services will be made available to hearing impaired persons, at no charge, upon written request submitted within reasonable time prior to the scheduled public hearing. The written request must be addressed to the agency representative designated in the paragraph below.
Accessibility:
All public hearings have been scheduled at places reasonably accessible to persons with a mobility impairment.
Substance of proposed rule:
By petition dated January 22, 2010, Consolidated Edison Company of New York, Inc. (Con Edison) sought approval to retain 14% of a $5.6 million Gross Receipts Taxes (GRT) refund. Con Edison received a GRT refund as a result of challenging the GRT paid on profits resulting from the sale of certain properties. Con Edison proposes to defer 86% of the GRT refund for the benefit of its electric and steam customers, retaining the remaining 14%. The Commission is considering whether to grant or deny, in whole or in part, approval for the retention of a portion of the GRT refund.
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, (518) 486-2655, email:
leann_ayer@dps.state.ny.usData, views or arguments may be submitted to:
Jaclyn A. Brilling, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 474-6530, email:
Secretary@dps.state.ny.usPublic 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.
