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NY A01417
Bill
Status
Introduced
1/15/2019
Primary Sponsor
Angelo Santabarbara
Click for details
AI Summary
- Requires utilities to obtain majority vote approval from both houses of the New York legislature before implementing any rate or charge increases that have been filed with the Public Service Commission
- Mandates utilities submit written reports to the legislature at least 180 days before proposed fee, rental, or service charge increases take effect
- Reports must include justification for the proposed increase and information about the utility's current financial condition, with legislature authorized to request additional data
- Prohibits rate increases from taking effect unless the legislature or appropriate committees find them necessary to generate sufficient revenue for service provision, maintenance, and infrastructure operation
- Takes effect immediately upon enactment
Legislative Description
Enacts the "utility ratepayer protection act"; requires legislative approval of increases in utility charges.
Last Action
referred to energy
1/8/2020
Committee Referrals
Energy1/15/2019
Full Bill Text
No bill text available