Senate Bill S4895

2023-2024 Legislative Session

Requires public utility authorities to obtain legislative approval before raising rates or fees, or imposing new rates or fees

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Corporations, Authorities And Commissions 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-S4895 (ACTIVE) - Details

See Assembly Version of this Bill:
A2761
Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
Public Authorities Law
Laws Affected:
Add §2859, Pub Auth L
Versions Introduced in 2021-2022 Legislative Session:
A8248

2023-S4895 (ACTIVE) - Summary

Requires public utility authorities to obtain legislative approval before raising rates or fees, or imposing new rates or fees.

2023-S4895 (ACTIVE) - Sponsor Memo

2023-S4895 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4895
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                             February 16, 2023
                                ___________
 
 Introduced  by  Sen.  MURRAY -- read twice and ordered printed, and when
   printed to be committed to the Committee on Corporations,  Authorities
   and Commissions
 
 AN  ACT  to  amend  the public authorities law, in relation to requiring
   public utility authorities to obtain legislative approval before rais-
   ing rates or fees

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.    The  public  authorities law is amended by adding a new
 section 2859 to read as follows:
   § 2859. RATES AND FEES; PUBLIC UTILITY AUTHORITIES.  NO PUBLIC UTILITY
 AUTHORITY OPERATING UNDER ARTICLE FIVE OF THIS CHAPTER SHALL  RAISE  ANY
 RATES OR FEES, OR IMPOSE ANY NEW RATES OR FEES, FOR THE USE OF UTILITIES
 PROVIDED  BY  SUCH  PUBLIC  UTILITY  AUTHORITY,  WITHOUT FIRST OBTAINING
 APPROVAL FROM THE STATE LEGISLATURE.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01271-01-3

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