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S01974 Summary:

BILL NOS01974
 
SAME ASSAME AS A02291
 
SPONSORMURRAY
 
COSPNSRPALUMBO, WEIK
 
MLTSPNSR
 
Add §2859, Pub Auth L
 
Requires public utility authorities to obtain legislative approval before raising rates or fees, or imposing new rates or fees.
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S01974 Actions:

BILL NOS01974
 
01/14/2025REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
01/07/2026REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
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S01974 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          1974
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                    January 14, 2025
                                       ___________
 
        Introduced  by  Sens.  MURRAY,  PALUMBO,  WEIK -- read twice and ordered
          printed, and when printed to be committed to the Committee  on  Corpo-
          rations, Authorities and Commissions
 
        AN  ACT  to  amend  the public authorities law, in relation to requiring
          public utility authorities to obtain legislative approval before rais-
          ing rates or fees

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.    The  public  authorities law is amended by adding a new
     2  section 2859 to read as follows:
     3    § 2859. Rates and fees; public utility authorities.  No public utility
     4  authority operating under article five of this chapter shall  raise  any
     5  rates or fees, or impose any new rates or fees, for the use of utilities
     6  provided  by  such  public  utility  authority,  without first obtaining
     7  approval from the state legislature.
     8    § 2. This act shall take effect immediately.
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01523-01-5
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