NY S01896 | 2025-2026 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 4-0)
Status: Engrossed on January 27 2025 - 50% progression
Action: 2025-01-27 - referred to energy
Pending: Assembly Energy Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Requires electric corporations, gas corporations, steam corporations and water-works corporations to adopt the common equity ratio and rate of return on equity authorized by the public service commission unless such utility can successfully demonstrate that such authorized rates do not meet their capital and/or operating needs.

Tracking Information

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Title

Requires electric corporations, gas corporations, steam corporations and water-works corporations to adopt the common equity ratio and rate of return on equity authorized by the public service commission unless such utility can successfully demonstrate that such authorized rates do not meet their capital and/or operating needs.

Sponsors


Roll Calls

2025-01-27 - Senate - Senate Rules Committee Vote (Y: 18 N: 2 NV: 0 Abs: 1) [PASS]
2025-01-27 - Senate - Senate Floor Vote - Final Passage (Y: 52 N: 8 NV: 0 Abs: 3) [PASS]
2025-01-21 - Senate - Senate Energy And Telecommunications Committee Vote (Y: 8 N: 1 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2025-01-27Assemblyreferred to energy
2025-01-27SenateDELIVERED TO ASSEMBLY
2025-01-27SenatePASSED SENATE
2025-01-27SenateORDERED TO THIRD READING CAL.147
2025-01-21SenateREPORTED AND COMMITTED TO RULES
2025-01-14SenateREFERRED TO ENERGY AND TELECOMMUNICATIONS

Same As/Similar To

A01028 (Same As) 2025-01-08 - referred to energy

New York State Sources


Bill Comments

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