New York Assembly bill in Session 2025-2026.
Status: in_committee. Latest action: January 7, 2026.
Requires certain utilities to adopt the common equity ratio and rate of return on equity authorized by the public service commission.
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.
| Date | Event | Detail |
|---|---|---|
| 2025-01-08 | Introduced | Bill introduced |
| 2026-01-07 | Status | in_committee |
| 2026-01-07 | Latest Action | In Assembly Committee |