Bill Text: NY S01536 | 2021-2022 | General Assembly | Introduced

Bill Title: Enacts the "utility ratepayer protection act"; requires legislative approval of increases in utility charges.

Spectrum: Slight Partisan Bill (Republican 3-1)

Status: (Introduced) 2021-01-12 - REFERRED TO ENERGY AND TELECOMMUNICATIONS [S01536 Detail]

Download: New_York-2021-S01536-Introduced.html

                STATE OF NEW YORK


                               2021-2022 Regular Sessions

                    IN SENATE

                                    January 12, 2021

        Introduced  by  Sens.  TEDISCO, JORDAN, PARKER -- read twice and ordered
          printed, and when printed to be committed to the Committee  on  Energy
          and Telecommunications

        AN  ACT to amend the public service law, in relation to requiring legis-
          lative approval of increases in utility charges

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.   This act shall be known and may be cited as the "utility
     2  ratepayer protection act".
     3    § 2.   Subdivision 12 of section 66  of  the  public  service  law  is
     4  amended by adding a new paragraph (b-1) to read as follows:
     5    (b-1)  No change shall be made in any rate or charge, which shall have
     6  been filed by a utility in compliance with an order of  the  commission,
     7  without the consent of both houses of the legislature by a majority vote
     8  in each house. The utility shall submit a written report to the legisla-
     9  ture  at  least  one  hundred  eighty  days  prior  to the date when any
    10  proposed increase in fees, rentals and  charges  for  the  provision  of
    11  services  by  the utility is scheduled to take effect. Such report shall
    12  include justification for the proposed increase, and information setting
    13  forth the current financial condition of the  utility.  The  legislature
    14  may  require any additional data or information that it deems necessary.
    15  If the legislature, or the appropriate committees  thereof,  finds  that
    16  the  proposed  increases are not necessary to produce sufficient revenue
    17  to meet the expense of the provision of services, including the  mainte-
    18  nance  and  operation of infrastructure, then no proposed increase shall
    19  take effect until approved by a majority  vote  of  each  house  of  the
    20  legislature.
    21    § 3. This act shall take effect immediately.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.