Bill Text: NY S06138 | 2013-2014 | General Assembly | Amended
Bill Title: Relates to permitted changes in rate schedules for telephone companies; provides that a "major change" shall mean an increase in rates, charges and rentals which would increase the aggregate revenues of the applicant more than the greater of five hundred thousand dollars or two and one-half percent.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2014-12-17 - SIGNED CHAP.517 [S06138 Detail]
Download: New_York-2013-S06138-Amended.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 6138--A Cal. No. 186 I N S E N A T E (PREFILED) January 8, 2014 ___________ Introduced by Sen. MAZIARZ -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommuni- cations -- reported favorably from said committee, ordered to first and second report, ordered to a third reading, passed by Senate and delivered to the Assembly, recalled, vote reconsidered, restored to third reading, amended and ordered reprinted, retaining its place in the order of third reading AN ACT to amend the public service law, in relation to changes in rate schedules for telephone companies THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Paragraph (c) of subdivision 2 of section 92 of the public 2 service law, as amended by chapter 162 of the laws of 1998, is amended 3 to read as follows: 4 (c) For the purpose of this subdivision, "major changes" shall mean an 5 increase in rates, charges and rentals which would increase the aggre- 6 gate revenues of the applicant more than the greater of [three] FIVE 7 hundred thousand dollars or two and one-half percent, but shall not 8 include changes in rates, charges or rentals allowed to go into effect 9 by the commission or made by the utility pursuant to an order of the 10 commission after hearings held upon notice to the public. IF AN 11 INCREASE IN RATES, CHARGES AND RENTALS WOULD INCREASE THE AGGREGATE 12 REVENUES OF THE APPLICANT BY LESS THAN FIVE HUNDRED THOUSAND DOLLARS, 13 THE COMMISSION MAY HOLD A HEARING PURSUANT TO PARAGRAPH (E) OF THIS 14 SUBDIVISION AND/OR PROVIDE A STATEMENT PURSUANT TO SUBDIVISION FOUR OF 15 THIS SECTION. 16 S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13142-03-4