Issuance of and Sale of Preferred Stock, Bonds, and Other Forms of Indebtedness

NY-ADR

7/20/11 N.Y. St. Reg. PSC-29-11-00013-P
NEW YORK STATE REGISTER
VOLUME XXXIII, ISSUE 29
July 20, 2011
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
PROPOSED RULE MAKING
NO HEARING(S) SCHEDULED
 
I.D No. PSC-29-11-00013-P
Issuance of and Sale of Preferred Stock, Bonds, and Other Forms of Indebtedness
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 whether to approve or deny in whole or in part a petition of New York State Electric & Gas Corporation seeking authorization of the issuance of long-term indebtedness, preferred stock and hybrid securities.
Statutory authority:
Public Service Law, section 69
Subject:
Issuance of and sale of preferred stock, bonds, and other forms of indebtedness.
Purpose:
To permit New York State Electric & Gas Corporation to finance transactions for purposes authorized under PSL Section 69.
Substance of proposed rule:
The Public Service Commission is deciding whether to grant, modify or deny, in whole or in part, New York State Electric & Gas Corporation’s petition seeking authority to issue up to $515 million of long-term indebtedness, preferred stock, and hybrid securities under PSL Section 69. The Commission shall consider all other 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.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: [email protected]
Data, 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: [email protected]
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-M-0342SP1)
End of Document