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Bill > A02531


NY A02531

NY A02531
Requires gas corporations to file a plan with the public service commission addressing aging or leaking pipelines within their service territory and outlines plans for the replacement of such pipelines.


summary

Introduced
01/23/2019
In Committee
01/08/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

2019-2020 General Assembly

Bill Summary

AN ACT to amend the public service law, in relation to requiring gas corporations to file a plan addressing aging or leaking pipelines within their service territory The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1

AI Summary

This bill requires gas corporations to file a plan with the New York Public Service Commission addressing aging or leaking pipelines within their service territory. The plan must include a timeline for replacing leak-prone pipelines on an accelerated basis, with the goal of removing all such infrastructure within 20 years or a reasonable timeline based on a cost recovery cap. The Commission will review and approve the plan, which will allow the gas corporation to recover the costs of eligible pipeline replacement projects through a rate adjustment mechanism, subject to an annual cap on rate increases. The bill aims to improve public safety and reduce lost and unaccounted for gas through a reduction in leaks.

Committee Categories

Government Affairs

Sponsors (15)

Last Action

referred to corporations, authorities and commissions (on 01/08/2020)

bill text


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