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S 9433

New York - Session 2025-2026

Senate in_committee 2026-03-26
Bill Details

Title: Relates to requiring gas and electric corporations to disclose certain information with an application for a major rate change

Summary

Requires a gas and electric corporation to disclose certain information with an application for a major rate change; requires information relating to dividends paid to shareholders, capital investments, policy expenditures, commodity supply costs, and other costs not within control of the applicant; requires an inflation-indexed proposal and prohibits exceeding inflation unless the gas and electric corporation is unable to maintain the same level of operating expenses, capital expenditures, programmatic or policy expenditures without jeopardizing safety, reliability, energy affordability programs, energy efficiency programs, and cost-effective electrification upgrades.

Sponsor
Kevin S. Parker
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2026-03-12 Introduced Bill introduced
2026-03-26 Status in_committee
2026-03-26 Latest Action Senate Floor Calendar
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