S T A T E O F N E W Y O R K
________________________________________________________________________
1225
2021-2022 Regular Sessions
I N A S S E M B L Y
January 7, 2021
___________
Introduced by M. of A. GRIFFIN -- read once and referred to the Commit-
tee on Corporations, Authorities and Commissions
AN ACT to amend the public service law, in relation to false material
statements related to a public utility
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 25 of the public service law is amended by adding a
new subdivision 4-a to read as follows:
4-A. (A) NOTWITHSTANDING THE PROVISIONS OF SUBDIVISION ONE OR TWO OF
THIS SECTION, ANY PUBLIC UTILITY COMPANY OR CORPORATION, AND THE OFFI-
CERS, AGENTS OR EMPLOYEES THEREOF THAT KNOWINGLY MAKES A FALSE MATERIAL
STATEMENT, REPRESENTATION OR CERTIFICATION TO THE COMMISSION IN ANY RATE
PROCEEDING SHALL FORFEIT TO THE STATE OF NEW YORK A SUM NOT TO EXCEED
TWO HUNDRED FIFTY THOUSAND DOLLARS. EACH FALSE MATERIAL STATEMENT,
REPRESENTATION OR CERTIFICATION SHALL CONSTITUTE A SEPARATE AND DISTINCT
OFFENSE FOR PURPOSES OF THIS SECTION.
(B) A PUBLIC UTILITY COMPANY OR CORPORATION, AND THE OFFICERS, AGENTS
OR EMPLOYEES THEREOF THAT DISCOVER THAT A FALSE MATERIAL STATEMENT,
REPRESENTATION OR CERTIFICATION WAS PREVIOUSLY MADE TO THE COMMISSION IN
RELATION TO A RATE PROCEEDING SHALL DISCLOSE SUCH FALSE MATERIAL STATE-
MENT, REPRESENTATION OR CERTIFICATION TO THE COMMISSION WITHIN THREE
BUSINESS DAYS OF DISCOVERY. FAILURE TO MAKE SUCH DISCLOSURE SHALL
CONSTITUTE A KNOWING VIOLATION OF THIS SUBDIVISION AND SHALL CAUSE SUCH
PUBLIC UTILITY COMPANY OR CORPORATION AND THE OFFICERS, AGENTS OR
EMPLOYEES THEREOF TO BE LIABLE FOR FORFEITURE PURSUANT TO THIS SUBDIVI-
SION.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD03989-01-1