S6557 (2023-24 session)
NY State bill
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.
- Title
- Requires certain utilities to adopt the common equity ratio and rate of return on equity authorized by the public service commission
- Type
- New York State Senate bill
- Session
- 2023-24 session
- Status
- In Assembly Committee
- Latest action date
- 2024-03-19
- In committee
- Energy
- Introduced
- 2023-04-26
- Active version
- S6557A
- Same as
- A7502
- Law section
- Public Service Law
Sponsors
Co-sponsors
- Andrew Gounardes State Senator, District 26
Heard in committee
- Energy NY State Assembly committee
- Energy And Telecommunications NY State Senate committee
Committee meetings
Committee meetings that took this bill up, from the Senate's published agendas. The Assembly does not publish its committee agendas in machine-readable form, so an Assembly committee's consideration of a bill is not on this list.
- Energy And Telecommunications, 2024-01-30 First reading
- Energy And Telecommunications, 2023-05-15 First reading