Bill > A08877

This bill requires that any proposed legislation in New York which would impact the cost of utility services must include a fiscal note detailing the estimated annual cost to ratepayers and the source of that cost estimate. The bill defines a "ratepayer" as any person paying for utility services from an electric corporation, gas corporation, combination gas or electric corporation, or municipality. By mandating these fiscal notes, the bill aims to provide transparency about potential financial impacts on consumers when laws affecting utility services are being considered. The fiscal notes would help legislators and the public understand the potential economic consequences of proposed utility-related legislation before it is enacted. The bill would amend the state's legislative law by adding a new section (§ 52-a) to establish these requirements, and it would take effect immediately upon passage.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/A8877