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A 10695

New York - Session 2025-2026

Assembly in_committee 2026-03-20
Bill Details

Title: Relates to the use of funds in the New York state climate investment account; repealer

Summary

Allows surplus or uncommitted funds in the New York state climate investment account to be returned to ratepayers; establishes a one-year utility bill tax and surcharge holiday and a two-year green energy tax holiday; relates to audits of utility corporations; authorizes the public service commission to reconsider rate increases; grants customers the right to decline smart meters and prohibits such customers from being penalized or charged exercising such right; directs the public service commission to conduct a study analyzing the economic impact of the use of smart meters; relates to costs and expenses of the department of public service and the public service commission; directs the public service commission to develop a formula to determine the average cost to comply with the provisions set forth in article seventy-five of the environmental conservation law; provides for a ratepayer protection tax credit; repeals certain provisions of law relating to the assessment of costs and expenses of the department of public service and the public service commission.

Sponsor
Marianne Buttenschon
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2026-03-20 Introduced Bill introduced
2026-03-20 Status in_committee
2026-03-20 Latest Action In Assembly Committee
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