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Bill > A05402
NY A05402
NY A05402Authorizes 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
02/13/2025
02/13/2025
In Committee
02/25/2026
02/25/2026
Crossed Over
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, a state agency that oversees utility companies, to create rules by January 1, 2027, that will restrict how much utility companies can charge their customers to cover the costs they incur when participating in, preparing for, or appealing rate proceedings before the commission. These recoverable costs can include things like lawyers' fees, payments to expert witnesses or consultants, and a portion of employee salaries related to these proceedings. The commission is given flexibility in how it sets these limits, such as by capping the percentage of a utility's rate case expenses that can be recovered, establishing a baseline for reasonable participation costs, or setting rules for information disclosure to speed up the process and reduce expenses.
Committee Categories
Agriculture and Natural Resources
Sponsors (7)
Chris Burdick (D)*,
Anna Kelles (D),
Steve Otis (D),
Angelo Santabarbara (D),
Maryjane Shimsky (D),
Sarahana Shrestha (D),
Jo Anne Simon (D),
Last Action
amended on third reading 5402b (on 03/04/2026)
Official Document
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