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NY S09342

Bill

Status

Introduced

3/3/2026

Primary Sponsor

Joseph Griffo

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • Requires all utility rate or charge increases approved by the Public Service Commission to receive legislative approval by concurrent resolution before taking effect
  • Mandates the Commission notify the Governor, Senate Temporary President, Assembly Speaker, and the public within 24 hours of approving any utility rate increase
  • Grants the legislature 60 days from notification to review and approve, modify, or rescind any rate increase
  • Allows the legislature to retroactively review and modify any rate increases approved by the Commission in the 12 months prior to the law's effective date
  • Takes effect immediately upon passage

Legislative Description

Requires legislative approval of any utility rate or charge increase approved by the public service commission; provides that the legislature can approve, modify or rescind any rate or charge increase approved by the commission by concurrent resolution; provides that the legislature can review any rate or charge increase approved in the prior 12 months.

Last Action

REFERRED TO ENERGY AND TELECOMMUNICATIONS

3/3/2026

Committee Referrals

Energy and Telecommunications3/3/2026

Full Bill Text

No bill text available