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Bill > S01974


NY S01974

NY S01974
Requires public utility authorities to obtain legislative approval before raising rates or fees, or imposing new rates or fees.


summary

Introduced
01/14/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the public authorities law, in relation to requiring public utility authorities to obtain legislative approval before raising rates or fees

AI Summary

This bill proposes to amend the public authorities law by requiring public utility authorities operating under article five of the law to obtain explicit legislative approval before raising existing rates or fees, or imposing any new rates or fees for utility services. Currently, such public utility authorities may have the autonomy to adjust their pricing without direct legislative oversight, but this bill would mandate that any changes to utility rates must first be reviewed and approved by the state legislature. The proposed legislation aims to increase transparency and provide more direct democratic control over utility pricing, ensuring that rate increases or new fees cannot be implemented without legislative scrutiny. By requiring legislative approval, the bill seeks to protect consumers by creating an additional layer of review before utility authorities can modify their pricing structures, potentially helping to prevent unexpected or excessive rate increases.

Committee Categories

Government Affairs

Sponsors (3)

Last Action

REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS (on 01/07/2026)

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