S T A T E O F N E W Y O R K
________________________________________________________________________
3633
2023-2024 Regular Sessions
I N A S S E M B L Y
February 3, 2023
___________
Introduced by M. of A. SANTABARBARA -- read once and referred to the
Committee on Energy
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:
Section 1. The public service law is amended by adding a new section
72-b to read as follows:
§ 72-B. MORATORIUM ON INCREASES IN GAS OR ELECTRICITY PRICES. 1. NO
CORPORATION OR PERSON SHALL SET ANY PRICES, RATES OR CHARGES FOR GAS OR
ELECTRICITY WHICH ARE HIGHER THAN SUCH CORPORATION'S OR PERSON'S PRICES,
RATES OR CHARGES FOR GAS OR ELECTRICITY ON THE EFFECTIVE DATE OF THIS
SECTION.
2. NO CORPORATION OR PERSON WHO RECEIVED AN APPROVED ELECTRIC AND GAS
RATE PLAN FROM THE COMMISSION BETWEEN JANUARY FIRST, TWO THOUSAND TWEN-
TY-TWO AND THE EFFECTIVE DATE OF THIS SECTION SHALL FORMALLY REQUEST A
RATE CASE FROM THE COMMISSION FOR A PERIOD OF FOUR YEARS FROM THE EFFEC-
TIVE DATE OF THIS SECTION.
3. NO CORPORATION OR PERSON WHO DID NOT RECEIVE AN APPROVED ELECTRIC
AND GAS RATE PLAN FROM THE COMMISSION BETWEEN JANUARY FIRST, TWO THOU-
SAND TWENTY-TWO AND THE EFFECTIVE DATE OF THIS SECTION SHALL FORMALLY
REQUEST A RATE CASE FROM THE COMMISSION FOR A PERIOD OF TWO YEARS FROM
THE EFFECTIVE DATE OF THIS SECTION.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD06924-01-3