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This entry was published on 2014-09-22
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SECTION 119-C
Tax reduction benefit to ratepayers
Public Service (PBS) CHAPTER 48, ARTICLE 6
§ 119-c. Tax reduction benefit to ratepayers. The commission shall
provide that any net decrease in a utility corporation's tax expense
resulting from the amendments made to sections one hundred eighty-four,
one hundred eighty-six-a and one hundred eighty-six-e of the tax law by
the chapter of the laws of nineteen hundred ninety-seven which enacted
this section shall inure to the benefit of the ratepayers of such
corporation.