Bill
Bill > A10042
NY A10042
NY A10042Prohibits electric corporations and gas corporations from passing along costs or increasing charges to ratepayers as a result of increased costs incurred due to legal or regulatory proceedings against such electric corporation, gas corporation, or utility, including settlements, attorneys' fees, penalties, fines or costs.
summary
Introduced
01/30/2026
01/30/2026
In Committee
01/30/2026
01/30/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the public service law, in relation to prohibiting electric corporations and gas corporations from increasing charges to certain ratepayers due to legal or regulatory proceeding costs
AI Summary
This bill prohibits electric corporations, gas corporations, and utilities from charging their customers, known as ratepayers, for costs they incur due to legal or regulatory proceedings against them, which includes expenses like settlements, attorneys' fees, penalties, and fines. Essentially, if a utility faces a lawsuit or regulatory action and has to pay money as a result, they will not be allowed to recover those costs by increasing the prices of electricity, natural gas, or related services for their customers.
Committee Categories
Agriculture and Natural Resources
Sponsors (1)
Last Action
referred to energy (on 01/30/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/A10042 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A10042&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A10042 |
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