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NY A03633
Bill
Status
2/3/2023
Primary Sponsor
Angelo Santabarbara
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AI Summary
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Prohibits corporations and persons from setting gas or electricity prices, rates, or charges higher than those in effect on the bill's effective date.
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Prevents utilities that received an approved electric and gas rate plan from the Public Service Commission between January 1, 2022 and the bill's effective date from formally requesting a new rate case for four years.
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Prevents utilities that did not receive an approved rate plan from the Commission between January 1, 2022 and the bill's effective date from formally requesting a rate case for two years.
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Takes effect immediately upon enactment.
Legislative Description
Imposes a moratorium on increasing gas and electric prices, rates and charges.
Last Action
referred to energy
1/3/2024