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NY S03599

Bill

Official Source

Status

Engrossed

6/16/2014

Primary Sponsor

Andrew Lanza

Click for details

Origin

Senate

2013-2014 General Assembly

AI Summary

  • Amends Public Authorities Law Section 1045-j to cap annual increases in water and sewerage system fees, rates, rents, or other charges established by the New York City water board
  • Limits increases to the greater of five percent annually or the current rate of inflation
  • Applies to all fees, rates, rents, or other charges established, fixed, and revised by the water board
  • Takes effect immediately upon enactment

Legislative Description

Limits New York City water board's authority to increase rates charged by no more than 5% annually or current rate of inflation, whichever is greater.

Last Action

referred to corporations, authorities and commissions

6/16/2014

Committee Referrals

Corporations, Authorities and Commissions6/16/2014
Corporations, Authorities and Commissions1/8/2014
Rules6/21/2013
Corporations, Authorities and Commissions2/7/2013

Full Bill Text

No bill text available