NY A03791

Authorizes a Public Utility Corporation Community Support Program to encourage regulated public utility corporations to contribute to charitable organizations serving their communities

Requires the Public Service Commission to formulate rules and regulations for program establishment and operation, including provisions that set contribution standards, define key terms, and require commission approval of contributions

Encourages public utility corporations to contribute a minimum of one percent of their revenues to eligible charitable organizations

Prohibits utility contributions made under this program from being considered or allowed for rate-making purposes

Requires public utility corporations to provide public notice of their charitable contributions in a manner likely to be seen and understood by the public; takes effect January 1, 2011