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NY A02740

Bill

Status

Introduced

1/22/2025

Primary Sponsor

Jonathan Jacobson

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Amends the public service law to clarify what happens when the Public Service Commission denies a utility's request for rate increases

  • When the Commission denies a utility's request for increased rates, charges, tariffs, or service changes, the rates in effect immediately before the denial must remain in full force

  • The existing rates continue until the Commission approves a new rate, charge, tariff, or service

  • Applies to denials of changes to contracts, agreements, rules, regulations, and general privileges or facilities related to utility rates

Legislative Description

Provides that whenever the public service commission denies a request by a utility for a major change in rates or charges, the schedule, rate, charge, form of contract or agreement, rule, regulation, general privilege, facility, or service immediately in effect prior to such request shall remain in full force and effect until such time as the commission approves a new rate, charge.

Last Action

print number 2740a

3/10/2026

Committee Referrals

Energy1/22/2025

Full Bill Text

No bill text available