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NY S08967

Bill

Official Source

Status

Introduced

9/4/2020

Primary Sponsor

Shelley Mayer

Click for details

Origin

Senate

2019-2020 General Assembly

AI Summary

  • Amends Public Service Law Section 25-a to increase civil penalties for violations by combination gas and electric corporations
  • Changes penalty calculation from four one-hundredths of one percent to two-tenths of one percent of annual intrastate gross operating revenue
  • Maintains minimum penalty of five hundred thousand dollars, with the greater amount applying
  • Applies penalty structure to each separate and distinct offense, with continuing violations treated as separate offenses for each day
  • Takes effect immediately upon enactment

Legislative Description

Establishes increased penalties for combination gas and electric corporations that violate provisions of the public service law designed to protect the overall reliability and continuity of electric service.

Last Action

REFERRED TO RULES

9/4/2020

Committee Referrals

Rules9/4/2020

Full Bill Text

No bill text available