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NY S05039
Bill
Status
6/19/2018
Primary Sponsor
Kevin Parker
Click for details
AI Summary
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Department of State and Public Service Commission must jointly examine the practice of public utilities, cable television companies, wireless service suppliers, Long Island Power Authority, and State Power Authority reporting consumer late payments and defaults to credit reporting agencies
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Joint study must include particular focus on regulatory and statutory provisions needed to protect consumers regarding payment information reporting practices
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Department and Commission must hold joint public hearings throughout the state to conduct the study
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Joint report with findings, conclusions, recommendations, and proposed regulatory and legislative provisions must be submitted to the Governor and Legislature by December 31, 2018
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Act takes effect immediately and expires January 1, 2019
Legislative Description
Directs the department of state and the public service commission to study and report upon the prevalence of the disclosure by public utilities, cable television companies and cellular telephone service providers to credit reporting agencies of late payments and defaults in payment of fees and charges by consumers.
Last Action
referred to ways and means
6/19/2018