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Bill > S05998
NY S05998
NY S05998Requires energy brokers and energy consultants to register with the public service commission.
summary
Introduced
05/16/2019
05/16/2019
In Committee
01/08/2020
01/08/2020
Crossed Over
06/11/2019
06/11/2019
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
2019-2020 General Assembly
Bill Summary
AN ACT to amend the public service law, in relation to requiring the registration of energy brokers and energy consultants The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1
AI Summary
This bill requires energy brokers and energy consultants to register with the New York Public Service Commission. The bill defines key terms like "energy broker" and "energy consultant," and sets up a registration process that includes financial accountability requirements. The bill also mandates disclosure of broker/consultant compensation to customers and prohibits rebates or other inducements related to energy supply or energy-related business. The bill aims to provide oversight and transparency in the energy broker and consultant industry in New York.
Committee Categories
Government Affairs, Transportation and Infrastructure
Sponsors (3)
Last Action
REFERRED TO ENERGY AND TELECOMMUNICATIONS (on 01/08/2020)
Official Document
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