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NY S05518
Bill
Status
Introduced
2/24/2025
Primary Sponsor
Jacob Ashby
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AI Summary
- Requires all costs and expenses of the Department of Public Service and Public Service Commission to be paid through legislative appropriation rather than the current assessment system
- Eliminates the existing mechanism where public utility companies, corporations (including the Power Authority of the State of New York), and regulated entities are assessed to reimburse the state treasury for commission costs
- Repeals subdivisions 1-a, 2, 3, 4, 4-a, 4-b, and 5 of section 18-a of the public service law, which governed the assessment process for recovering regulatory costs from utilities
- Takes effect January 1, 2026
Legislative Description
Makes all costs and expenses of the department of public service and public service commission subject to appropriation by the legislature on the certification of the chair of the department and upon the audit and warrant of the comptroller.
Last Action
NOTICE OF COMMITTEE CONSIDERATION - REQUESTED
3/6/2026
Committee Referrals
Energy and Telecommunications2/24/2025
Full Bill Text
No bill text available