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A07427 Summary:
| BILL NO | A07427 |
| SAME AS | No same as |
| SPONSOR | Tonko (MS) |
| COSPNSR | Pheffer, Bradley, Diaz L, Lafayette, Benjamin, Peoples, Powell, Cohen A, Clark, Perry |
| MLTSPNSR | Boyland, Brennan, Cahill, Colton, Destito, Glick, Gordon, Gottfried, Grannis, Jacobs, Lavine,McEneny, Reilly, Robinson, Sweeney, Towns, Weisenberg, Wirth |
| Amd S36, Pub Serv L | |
| Relates to prepayment protections for energy consumers; provides that any company entering into a contract to provide gas or electric commodity service shall, if such contract provides for prepayment of all or any part of the customer's payments under such contract, maintain financial instruments or other assurances to guarantee repayment to the customer of all prepaid sums in the event that such company is unable to meet its obligations to the customer under such contract. | |