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Bill > S03613


NY S03613

NY S03613
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
02/11/2019
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 Public Service Commission addressing aging or leaking pipelines within their service territory. The plan must include a timeline for replacing leak-prone pipelines, the estimated costs of each project, and a description of customer costs and benefits. The Commission will review and approve the plan, allowing the gas corporation to begin recovering the estimated costs through a rate adjustment mechanism, subject to certain annual caps and reconciliation processes. The bill aims to improve public safety and reduce gas leaks through the accelerated replacement of aging or leak-prone pipelines.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

REFERRED TO ENERGY AND TELECOMMUNICATIONS (on 01/08/2020)

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