New York bills · 2025 Regular Session
New York A 1028
Requires certain utilities to adopt the common equity ratio and rate of return on equity authorized by the public service commission
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- Didi Barrett (Democratic)
Cosponsors (7)
- Anna Kelles (Democratic/Working Families)
- Dana Levenberg (Democratic/Working Families)
- Jonathan Jacobson (Democratic)
- Chris Burdick (Democratic/Independence/Working Families)
- MaryJane Shimsky (Democratic/Working Families)
- Steven Otis (Democratic)
- Phil Steck (Democratic)
Summary
Official abstract published by the New York legislature
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.
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 7, 2026 · House
REFERRED TO ENERGY - Jan 8, 2025 · House
REFERRED TO ENERGY