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A 9649

New York Assembly bill in Session 2025-2026.

Status: failed. Latest action: March 2, 2026.

Relates to special franchise assessments and requires any reduction of the tax burden of certain utilities to pass-through to ratepayers.

Bill ID NY-2025-2026-A-9649
Session 2025-2026
Status failed
Committee Real Property Taxation
Assembly failed 2026-03-02
Infrastructure / Utilities Tax / Budget / Appropriations
Summary

Exempts certain utilities from special franchise assessments in New York city; requires that any reduction in special franchise taxes imposed on ConEd and National Grid shall be passed-through to rates charged to its ratepayers so that the full economic benefit of such reduction accrues to their ratepayers.

Sponsor
Andrew Hevesi
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-21 Introduced Bill introduced
2026-03-02 Status failed
2026-03-02 Latest Action Stricken
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