Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Feb 13, 2025 |
referred to energy |
Assembly Bill A5402
2025-2026 Legislative Session
Sponsored By
BURDICK
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
Actions
co-Sponsors
MaryJane Shimsky
2025-A5402 (ACTIVE) - Details
- See Senate Version of this Bill:
- S3734
- Current Committee:
- Assembly Energy
- Law Section:
- Public Service Law
- Laws Affected:
- Amd §66, Pub Serv L
2025-A5402 (ACTIVE) - Summary
Relates to prohibiting the public service commission from approving a rate increase which allows a utility to recover its direct or indirect costs in excess of one hundred thousand dollars associated with its attendance in, participation in, preparation for, or appeal of any rate proceeding conducted before the commission, or employee or executive salaries in excess of the current salary of the governor of the state.
2025-A5402 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5402 2025-2026 Regular Sessions I N A S S E M B L Y February 13, 2025 ___________ Introduced by M. of A. BURDICK -- read once and referred to the Commit- tee on Energy AN ACT to amend the public service law, in relation to prohibiting the public service commission from approving a rate increase which allows a utility to recover certain operating expenses THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 12 of section 66 of the public service law is amended by adding a new paragraph (m) to read as follows: (M) THE COMMISSION SHALL NOT APPROVE ANY RATE INCREASE WHICH ALLOWS A UTILITY TO RECOVER THE FOLLOWING OPERATING EXPENSES: (I) ITS DIRECT OR INDIRECT COSTS IN EXCESS OF ONE HUNDRED THOUSAND DOLLARS ASSOCIATED WITH ITS ATTENDANCE IN, PARTICIPATION IN, PREPARATION FOR, OR APPEAL OF ANY RATE PROCEEDING CONDUCTED BEFORE THE COMMISSION. SUCH COSTS SHALL INCLUDE, BUT NEED NOT BE LIMITED TO, ATTORNEYS' FEES, FEES TO ENGAGE EXPERT WITNESSES OR CONSULTANTS, THE PORTION OF EMPLOYEE SALARIES ASSOCIATED WITH SUCH ATTENDANCE, PARTICIPATION, PREPARATION OR APPEAL OF A RATE PROCEEDING AND RELATED COSTS IDENTIFIED BY THE COMMIS- SION; OR (II) EMPLOYEE OR EXECUTIVE SALARIES IN EXCESS OF THE CURRENT SALARY OF THE GOVERNOR OF NEW YORK AS PROVIDED FOR BY A JOINT RESOLUTION OF THE LEGISLATURE AT THE TIME OF THE UTILITY'S INITIAL FILING WITH THE COMMIS- SION. § 2. This act shall take effect on the one hundred eightieth day after it shall have become a law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07223-02-5
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