Bill Text: NY S08753 | 2021-2022 | General Assembly | Introduced

New York Senate Bill 8753 (Prior Session Legislation)

Introduced

Bill Title: Imposes a moratorium on increasing gas and electric prices, rates and charges.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2022-04-11 - REFERRED TO ENERGY AND TELECOMMUNICATIONS [S08753 Detail]

Download: New_York-2021-S08753-Introduced.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                          8753

                    IN SENATE

                                     April 11, 2022
                                       ___________

        Introduced  by  Sen. SKOUFIS -- read twice and ordered printed, and when
          printed to be committed to the Committee on  Energy  and  Telecommuni-
          cations

        AN  ACT to amend the public service law, in relation to imposing a mora-
          torium on increasing gas and electric prices, rates and charges

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

     1    Section  1.  The public service law is amended by adding a new section
     2  72-b to read as follows:
     3    § 72-b. Moratorium on increases in gas or electricity  prices.  1.  No
     4  corporation  or person shall set any prices, rates or charges for gas or
     5  electricity which are higher than such corporation's or person's prices,
     6  rates or charges for gas or electricity on the effective  date  of  this
     7  section.
     8    2.  No corporation or person who received an approved electric and gas
     9  rate plan from the commission between January first, two thousand  twen-
    10  ty-one  and  the effective date of this section shall formally request a
    11  rate case from the commission for a period of four years from the effec-
    12  tive date of this section.
    13    3. No corporation or person who did not receive an  approved  electric
    14  and  gas  rate plan from the commission between January first, two thou-
    15  sand twenty-one and the effective date of this  section  shall  formally
    16  request  a  rate case from the commission for a period of two years from
    17  the effective date of this section.
    18    § 2. This act shall take effect immediately.




         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15310-02-2