Establishes the power authority of the state of New York to make low cost hydropower available to hospitals and municipal housing authorities in.
The bill amends the public authorities law to establish the power authority of the state of New York. It mandates the authority to make low cost hydropower available to hospitals and municipal housing authorities located within Niagara county. The authority is also tasked with allocating power to businesses within the state, with specific provisions for reallocation and withdrawal based on employment, investment, and power utilization levels.
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