Bill > S00597

This bill establishes the "Small Water Utility Transparency Act", which requires the Public Service Commission (PSC) and the Department of Environmental Conservation (DEC) to conduct regular audits of small private water companies with gross annual revenues below $250,000. The audits, to be performed every three to five years, will comprehensively examine the water companies' capital investments, compliance with water safety regulations, financial capacity, management abilities, water system adequacy, and affordability. Additionally, the bill mandates that these small water companies under investigation must file public updates on their compliance status, with the PSC authorized to establish and collect fines for non-compliance. The two agencies (PSC and DEC) are required to coordinate their efforts, share information, and jointly issue audit reports. This legislation aims to increase transparency, ensure water safety, and provide oversight for smaller private water utilities that may have limited resources and regulatory scrutiny. The bill will take effect immediately upon passage.

Agriculture and Natural Resources, Budget and Finance, Transportation and Infrastructure

https://www.nysenate.gov/legislation/bills/2025/S597