Deferral of Property Taxes
NY-ADR
11/2/16 N.Y. St. Reg. PSC-32-16-00021-A
NEW YORK STATE REGISTER
VOLUME XXXVIII, ISSUE 44
November 02, 2016
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
NOTICE OF ADOPTION
I.D No. PSC-32-16-00021-A
Filing Date. Oct. 17, 2016
Effective Date. Oct. 17, 2016
Deferral of Property Taxes
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 10/13/16, the PSC adopted an order approving New York American Water Company, Inc.'s (NYAW) petition to defer $300,000 of excess property taxes.
Statutory authority:
Public Service Law, sections 89-b and 89-c
Subject:
Deferral of property taxes.
Purpose:
To approve NYAW's petition to defer $300,000 of excess property taxes.
Substance of final rule:
The Commission, on October 13, 2016, adopted an order approving New York American Water Company, Inc.'s petition to defer $300,000 of excess property taxes from its current Sea Cliff Revenue, Production Costs and Property Tax Reconciliation Filing, subject to the terms and conditions set forth in the order.
Final rule as compared with last published rule:
No changes.
Text of rule may be obtained from:
John Pitucci, Public Service Commission, Three Empire State Plaza, Albany, New York, 12223, (518) 486-2655, email: [email protected] An IRS employer ID no. or social security no. is required from firms or persons to be billed 25 cents per page. Please use tracking number found on last line of notice in requests.
Assessment of Public Comment
An assessment of public comment is not submitted with this notice because the rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
(16-W-0410SA1)
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