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NY A10042
Bill
Status
Introduced
1/30/2026
Primary Sponsor
Maryjane Shimsky
Click for details
AI Summary
- Prohibits electric corporations, gas corporations, and utilities from passing along costs to ratepayers resulting from legal or regulatory proceedings against the company
- Covered costs include settlements, attorneys' fees, penalties, fines, and other legal costs incurred by the utility
- Applies to charges for electricity, natural gas, and any associated goods and services
- Amends Section 66 of the New York Public Service Law by adding a new subdivision 33
- Takes effect 60 days after becoming law, with immediate authorization for regulatory implementation
Legislative Description
Prohibits electric corporations and gas corporations from passing along costs or increasing charges to ratepayers as a result of increased costs incurred due to legal or regulatory proceedings against such electric corporation, gas corporation, or utility, including settlements, attorneys' fees, penalties, fines or costs.
Last Action
referred to energy
1/30/2026
Committee Referrals
Energy1/30/2026
Full Bill Text
No bill text available