NY A07502 | 2023-2024 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on May 25 2023 - 25% progression
Action: 2024-01-03 - referred to energy
Pending: Assembly Energy Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Requires electric corporations, gas corporations, steam corporations and water-works corporations to adopt the common equity ratio and rate of return on equity authorized by the public service commission unless such utility can successfully demonstrate that such authorized rates do not meet their capital and/or operating needs.

Tracking Information

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Title

Requires electric corporations, gas corporations, steam corporations and water-works corporations to adopt the common equity ratio and rate of return on equity authorized by the public service commission unless such utility can successfully demonstrate that such authorized rates do not meet their capital and/or operating needs.

Sponsors


History

DateChamberAction
2024-01-03Assemblyreferred to energy
2023-05-25Assemblyreferred to energy

Same As/Similar To

S06557 (Same As) 2024-03-19 - referred to energy

New York State Sources


Bill Comments

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