Assembly Bill A3998

2023-2024 Legislative Session

Requires the public service commission to consider the economic impact of utility rates and charges

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Current 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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2023-A3998 (ACTIVE) - Details

See Senate Version of this Bill:
S2432
Current Committee:
Assembly Corporations, Authorities And Commissions
Law Section:
Public Service Law
Laws Affected:
Amd §§65, 79, 89-b & 91, add §119-d, Pub Serv L
Versions Introduced in Other Legislative Sessions:
2009-2010: A712
2011-2012: A24
2013-2014: A1468
2015-2016: A2048
2017-2018: A126
2019-2020: A135, S5341
2021-2022: A1227, S5583

2023-A3998 (ACTIVE) - Summary

Requires consideration of evidence relating to the economic impact of major increases of rates or charges upon consumers and the areas affected by such increases of rates or charges prior to approval of any such rates or charges; establishes minimum data to be considered by the public service commission relating to such economic impact.

2023-A3998 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3998
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 8, 2023
                                ___________
 
 Introduced  by  M.  of  A.  EICHENSTEIN -- read once and referred to the
   Committee on Corporations, Authorities and Commissions
 
 AN ACT to amend  the  public  service  law,  in  relation  to  requiring
   evidence and consideration of the economic impact of utility rates and
   charges by the public service commission

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 1 of section 65 of the public service  law,  as
 amended  by  chapter  789  of  the  laws  of 1930, is amended to read as
 follows:
   1. Every gas corporation, every electric corporation and every munici-
 pality shall furnish and provide  such  service,  instrumentalities  and
 facilities  as  shall  be safe and adequate and in all respects just and
 reasonable. All charges made or demanded by any  such  gas  corporation,
 electric corporation or municipality for gas, electricity or any service
 rendered  or  to  be rendered, shall be just and reasonable and not more
 than allowed by law or by order of the commission. IN DETERMINING WHETH-
 ER CHARGES ARE JUST AND REASONABLE, CONSIDERATION SHALL BE GIVEN TO  THE
 ECONOMIC  IMPACT  OF  SUCH CHARGES UPON CONSUMERS AND THE AREA SERVED BY
 EACH SUCH GAS CORPORATION, ELECTRIC CORPORATION AND MUNICIPALITY.  Every
 unjust  or  unreasonable charge made or demanded for gas, electricity or
 any such service, or in connection  therewith,  or  in  excess  of  that
 allowed by law or by the order of the commission is prohibited.
   § 2. Subdivision 1 of section 79 of the public service law, as amended
 by chapter 134 of the laws of 1921, is amended to read as follows:
   1.  Every  steam  corporation  shall furnish and provide such service,
 instrumentalities and facilities as shall be safe and  adequate  and  in
 all  respects  just  and reasonable. All charges made or demanded by any
 such corporation for such service rendered or to be  rendered  shall  be
 just  and  reasonable  and not more than allowed by order of the commis-
 sion.  IN DETERMINING WHETHER CHARGES ARE JUST AND REASONABLE, CONSIDER-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD04251-01-3
              

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