15 NY Sens. Craft Bill To Block Blackstone Power Line

Law360, New York (May 7, 2012, 2:49 PM EDT) -- A bipartisan bloc of 15 state senators introduced legislation Monday to unplug Blackstone Group LP's proposed Canada-to-New York City power line by curtailing the ability of energy companies eyeing out-of-state generation projects to easily snap up Empire State land.

The bill, S. 7391, sponsored by Senate Vice President Pro Tem George D. Maziarz, would block gas and electric corporations from acquiring real estate “as may be necessary" under eminent domain law for  transmission lines — or generation facilities — that originate outside of the U.S. and...
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