New York - S06557 - 2023

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.

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Regulatory

Added On: 12-19-2023
Updated On: 02-05-2024
Status: Passed One Chamber
Primary Sponsor: Shelley Mayer (Democratic)





Companion Bills (1)

Actions (15)

  • 04-26-2023 - REFERRED TO ENERGY AND TELECOMMUNICATIONS
  • 05-11-2023 - PRINT NUMBER 6557A
  • 05-11-2023 - AMEND AND RECOMMIT TO ENERGY AND TELECOMMUNICATIONS
  • 05-15-2023 - 1ST REPORT CAL.883
  • 05-16-2023 - 2ND REPORT CAL.
  • 05-17-2023 - ADVANCED TO THIRD READING
  • 05-18-2023 - referred to energy
  • 05-18-2023 - DELIVERED TO ASSEMBLY
  • 05-18-2023 - PASSED SENATE
  • 01-03-2024 - REFERRED TO ENERGY AND TELECOMMUNICATIONS
  • 01-03-2024 - returned to senate
  • 01-03-2024 - died in assembly
  • 01-30-2024 - 1ST REPORT CAL.296
  • 01-31-2024 - 2ND REPORT CAL.
  • 02-05-2024 - ADVANCED TO THIRD READING

Votes (2)

DateMotion (click for details)ChamberCommitteeYes
Votes
No
Votes
Other
Votes
Passed
05-15-2023Senate Energy and Telecommunications Committee VoteSenate900yes
05-18-2023Senate Floor Vote - Final PassageSenate5184yes

Sponsors (3)