Bill

Bill > S03734


NY S03734

NY S03734
Authorizes and directs the public service commission to establish rules to limit a utility's ability to recover its direct or indirect costs associated with its attendance in, participation in, preparation for, or appeal of any rate proceeding conducted before the commission.


summary

Introduced
01/29/2025
In Committee
01/07/2026
Crossed Over
06/12/2025
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the public service law, in relation to authorizing the public service commission to establish rules to limit a utility's ability to recover certain operating expenses

AI Summary

This bill directs the Public Service Commission (PSC), a state agency that regulates utility companies, to create rules by January 1, 2027, that will limit how much utility companies can charge their customers to cover the costs associated with participating in rate proceedings before the PSC. These costs can include things like lawyers' fees, payments to expert witnesses or consultants, and the salaries of employees involved in these proceedings. The PSC is also given guidance on how to establish these rules, such as by setting a maximum percentage of a utility's rate case expenses that can be recovered from customers, establishing a baseline for reasonable participation costs, and creating parameters for information sharing to reduce the time and expense of discovery, which is the process of exchanging information between parties in a legal proceeding.

Committee Categories

Agriculture and Natural Resources, Transportation and Infrastructure

Sponsors (5)

Last Action

ADVANCED TO THIRD READING (on 02/26/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...