Bill

Bill > A02291


NY A02291

NY A02291
Requires public utility authorities to obtain legislative approval before raising rates or fees, or imposing new rates or fees.


summary

Introduced
01/16/2025
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 requires public utility authorities operating under article five of New York's public authorities law to obtain explicit legislative approval before raising existing rates or fees, or imposing any new rates or fees for utility services. Currently, such authorities may have more autonomy in setting their pricing, but this proposed legislation would mandate that any changes to utility rates must first be reviewed and approved by the state legislature. By introducing this requirement, the bill aims to increase government oversight and potentially provide more transparency and accountability in how public utility authorities determine their pricing structures. The proposed new section 2859 to the public authorities law would effectively give the state legislature direct control over utility rate adjustments, ensuring that such financial decisions are subject to broader governmental review before implementation. The bill is set to take effect immediately upon passage.

Committee Categories

Agriculture and Natural Resources

Sponsors (13)

Last Action

referred to energy (on 01/07/2026)

bill text


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