Assembly Bill A3633

2023-2024 Legislative Session

Imposes a moratorium on increasing gas and electric prices, rates and charges

download bill text pdf

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Current Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2023-A3633 (ACTIVE) - Details

See Senate Version of this Bill:
S3501
Current Committee:
Assembly Energy
Law Section:
Public Service Law
Laws Affected:
Add §72-b, Pub Serv L
Versions Introduced in 2021-2022 Legislative Session:
A10099, S8753

2023-A3633 (ACTIVE) - Summary

Imposes a moratorium on increasing gas and electric prices, rates and charges.

2023-A3633 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3633
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 3, 2023
                                ___________
 
 Introduced  by  M.  of  A. SANTABARBARA -- read once and referred to the
   Committee on Energy
 
 AN ACT to amend the public service law, in relation to imposing a  mora-
   torium on increasing gas and electric prices, rates and charges
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The public service law is amended by adding a  new  section
 72-b to read as follows:
   §  72-B.  MORATORIUM  ON INCREASES IN GAS OR ELECTRICITY PRICES. 1. NO
 CORPORATION OR PERSON SHALL SET ANY PRICES, RATES OR CHARGES FOR GAS  OR
 ELECTRICITY WHICH ARE HIGHER THAN SUCH CORPORATION'S OR PERSON'S PRICES,
 RATES  OR  CHARGES  FOR GAS OR ELECTRICITY ON THE EFFECTIVE DATE OF THIS
 SECTION.
   2. NO CORPORATION OR PERSON WHO RECEIVED AN APPROVED ELECTRIC AND  GAS
 RATE  PLAN FROM THE COMMISSION BETWEEN JANUARY FIRST, TWO THOUSAND TWEN-
 TY-TWO AND THE EFFECTIVE DATE OF THIS SECTION SHALL FORMALLY  REQUEST  A
 RATE CASE FROM THE COMMISSION FOR A PERIOD OF FOUR YEARS FROM THE EFFEC-
 TIVE DATE OF THIS SECTION.
   3.  NO  CORPORATION OR PERSON WHO DID NOT RECEIVE AN APPROVED ELECTRIC
 AND GAS RATE PLAN FROM THE COMMISSION BETWEEN JANUARY FIRST,  TWO  THOU-
 SAND  TWENTY-TWO  AND  THE EFFECTIVE DATE OF THIS SECTION SHALL FORMALLY
 REQUEST A RATE CASE FROM THE COMMISSION FOR A PERIOD OF TWO  YEARS  FROM
 THE EFFECTIVE DATE OF THIS SECTION.
   § 2. This act shall take effect immediately.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD06924-01-3

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