Assembly Bill A1672

2009-2010 Legislative Session

Provides that every schedule of rates of gas and electric corporations which is based on operation of over 18 months, shall be reviewed annually

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Archive: Last 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

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2009-A1672 (ACTIVE) - Details

Current Committee:
Assembly Ways And Means
Law Section:
Public Service Law
Laws Affected:
Amd §66, Pub Serv L
Versions Introduced in Other Legislative Sessions:
2011-2012: A2365
2013-2014: A646

2009-A1672 (ACTIVE) - Summary

Provides that every gas or electric rate schedule, which is based on projections of revenues, expenditures and utility operations for more than 18 months, shall be annually reviewed by the public service commission; such review proceeding shall include all the parties involved in the proceeding at which such schedule was originally approved.

2009-A1672 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  1672

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 7, 2009
                               ___________

Introduced  by  M.  of  A.  GIANARIS,  NOLAN, MARKEY, PHEFFER, ROBINSON,
  FIELDS, ROSENTHAL, BENEDETTO, COOK, DIAZ,  CAHILL,  JAFFEE  --  Multi-
  Sponsored  by  --  M.  of A.   BOYLAND, CYMBROWITZ, DESTITO, DINOWITZ,
  GOTTFRIED, JOHN, McENENY,  PERRY,  REILLY,  SAYWARD,  SWEENEY,  TOWNS,
  WEISENBERG -- read once and referred to the Committee on Energy

AN  ACT to amend the public service law, in relation to requiring annual
  reviews of multi-year rate plans

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Paragraph (f) of subdivision 12 of section 66 of the public
service  law,  as amended by chapter 154 of the laws of 1989, is amended
to read as follows:
  (f) Whenever there shall be filed with the commission by  any  utility
any  schedule stating a new rate or charge, or any change in any form of
contract or agreement or any rule or regulation relating  to  any  rate,
charge  or service, or in any general privilege or facility, the commis-
sion may, at any time within sixty days from the date when such schedule
would or has become effective, either upon complaint  or  upon  its  own
initiative,  and, if it so orders, without answer or other formal plead-
ing by the utility, but upon reasonable notice, hold a hearing  concern-
ing  the propriety of a change proposed by the filing. If such change is
a major change, the commission shall hold such a hearing.  Pending  such
hearing  and  decision  thereon,  the  commission, upon filing with such
schedule and delivering to the utility, a statement in  writing  of  its
reasons  therefor,  may  suspend the operation of such schedule, but not
for a longer period than one hundred and twenty  days  beyond  the  time
when  it  would  otherwise  go  into effect. After full hearing, whether
completed before or after the schedule goes into effect, the  commission
may  make  such  order  in  reference  thereto  as  would be proper in a
proceeding begun after the rate, charge, form of contract or  agreement,

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

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