New York Assembly bill in Session 2025-2026.
Status: in_committee. Latest action: April 21, 2026.
Enacts the "utility fair acquisition act".
Enacts the "utility fair acquisition act", providing that in any acquisition by a municipal corporation or a public benefit corporation created pursuant to article 5 of the public authorities law of infrastructure operated by a public utility company or private energy provider, the appraised value shall be reduced by the value of infrastructure that was financed through customer user fees, ratepayer surcharges, or other non-investor-funded mechanisms as determined by the public service commission.
| Date | Event | Detail |
|---|---|---|
| 2025-10-17 | Introduced | Bill introduced |
| 2026-04-21 | Status | in_committee |
| 2026-04-21 | Latest Action | In Assembly Committee |