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NY S09342
Bill
Status
Introduced
3/3/2026
Primary Sponsor
Joseph Griffo
Click for details
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