A7429 • 2025

Reduces the amount a utility can be assessed for costs and expenses of the department of public service and the public service commission from one percent to one-third of one percent

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Sponsor: Stephen Hawley
Last action: 2026-05-11
Official status: In Assembly Committee
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Reduces the amount a utility can be assessed for costs and expenses of the department of public service and the public service commission from one percent to one-third of one percent

Reduces the amount a utility can be assessed for costs and expenses of the department of public service and the public service commission from one percent to one-third of one percent Reduces the total amount that can be charged from one percent to one-third of one percent.

What This Bill Does

Reduces the amount a utility can be assessed for costs and expenses of the department of public service and the public service commission from one percent to one-third of one percent Reduces the total amount that can be charged from one percent to one-third of one percent.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-05-11 Assembly
HELD FOR CONSIDERATION IN CORPORATIONS, AUTHORITIES AND COMMISSIONS
2026-01-07 Assembly
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
2025-03-27 Assembly
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

Official Summary Text

Reduces the amount a utility can be assessed for costs and expenses of the department of public service and the public service commission from one percent to one-third of one percent
Reduces the total amount that can be charged from one percent to one-third of one percent.

Current Bill Text

Read the full stored bill text

S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          7429

                               2025-2026 Regular Sessions

                                  I N  A S S E M B L Y

                                     March 27, 2025
                                       ___________

        Introduced by M. of A. HAWLEY -- read once and referred to the Committee
          on Corporations, Authorities and Commissions

        AN  ACT  to  amend  the  public service law, in relation to reducing the
          amount a utility can be assessed for costs and expenses of the depart-
          ment of public service and the public service commission

          THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
        BLY, DO ENACT AS FOLLOWS:

     1    Section  1.  Paragraph  (g)  of  subdivision  2 of section 18-a of the
     2  public service law, as amended by section 2 of part A of chapter 173  of
     3  the laws of 2013, is amended to read as follows:
     4    (g) The total amount which may be charged to any public utility compa-
     5  ny  and the Long Island power authority under authority of this subdivi-
     6  sion for any state fiscal year shall not exceed  ONE-THIRD  OF  one  per
     7  centum  of  such public utility company's or authority's gross operating
     8  revenues derived from intrastate utility operations in the last  preced-
     9  ing  calendar  year,  or  other twelve month period as determined by the
    10  chairman; provided, however, that  no  corporation  or  person  that  is
    11  subject to the jurisdiction of the commission only with respect to safe-
    12  ty, or the power authority of the state of New York, shall be subject to
    13  the general assessment provided for under this subdivision.
    14    Notwithstanding the provisions of subdivision one of this section, for
    15  telephone  corporations  as  defined in subdivision seventeen of section
    16  two of this article, the total amount which may be charged  such  corpo-
    17  rations  for  department expenses under the authority of subdivision one
    18  of this section for any state fiscal year shall not exceed one-third  of
    19  one  percentum  of  such corporation's gross operating revenue, over and
    20  above five hundred thousand dollars,  derived  from  intrastate  utility
    21  operations  in  the  last preceding calendar year, or other twelve month
    22  period as determined by the chairman.
    23    § 2. This act shall take effect immediately.

         EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03652-01-5