A9649 (2025-26 session)

NY State bill

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.

Title
Relates to special franchise assessments and requires any reduction of the tax burden of certain utilities to pass-through to ratepayers
Type
New York State Assembly bill
Session
2025-26 session
Status
Stricken
Latest action date
2026-03-02
Introduced
2026-01-21
Law section
Real Property Tax Law

Sponsors

Heard in committee

Sources