New York S 9459: Provides business tax credit for employer provided day care

Bill Text

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S09459 Summary:

BILL NOS09459 

&nbsp

SAME ASSAME AS A09640

&nbsp

SPONSORGONZALEZ

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Add §66-x, Pub Serv L

&nbsp

Authorizes the public service commission to implement performance-based regulation of electric or gas corporations; requires that any such regulation shall provide performance standards and metrics by which such performance shall be measured.

Go to top S09459 Actions:

BILL NOS09459 

&nbsp

03/13/2026REFERRED TO ENERGY AND TELECOMMUNICATIONS

Go to topS09459 Committee&nbspVotes:

Go to topS09459 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS09459 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 9459

 IN SENATE

 March 13, 2026
 ___________

 Introduced by Sen. GONZALEZ -- read twice and ordered printed, and when
 printed to be committed to the Committee on Energy and Telecommuni-
 cations

 AN ACT to amend the public service law, in relation to authorizing the
 public service commission to implement performance-based regulation of
 electric or gas corporations

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The public service law is amended by adding a new section
 2 66-x to read as follows:
 3 § 66-x. Performance-based utility regulations. 1. The commission shall
 4 be authorized to develop and adopt a framework for implementing perfor-
 5 mance-based regulation of electric or gas corporations. Such perfor-
 6 mance-based regulation may be used to provide incentives and penalties
 7 to:
 8 (a) reduce greenhouse gas emissions, as defined in section 75-0101 of
 9 the environmental conservation law;
 10 (b) expand the use of distributed energy resources, community solar
 11 projects, microgrids, demand response programs, and energy efficiency
 12 programs;
 13 (c) enhance the quality, reliability, and resiliency of electricity
 14 and gas service in the state;
 15 (d) offer flexible payment plans that reduce disconnections of elec-
 16 tricity and gas service for low-income customers and other programs that
 17 address the quality and affordability of electricity and gas services
 18 for all customers; and
 19 (e) improve all aspects of utility operations to reduce costs and pass
 20 savings on to ratepayers.
 21 2. A framework that is adopted pursuant to subdivision one of this
 22 section shall:
 23 (a) provide for performance standards and a baseline from which
 24 performance shall be measured;

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD14479-04-6

 S. 9459 2

 1 (b) provide for performance metrics that are clear, objective, verifi-
 2 able and achievable for measuring the performance of an electric or gas
 3 corporation;
 4 (c) describe how such performance standards and metrics are to be
 5 carried out;
 6 (d) identify actions and mechanisms that an electric or gas corpo-
 7 ration may carry out or implement to meet such performance standards;
 8 and
 9 (e) provide incentives or penalties based on the performance of the
 10 electric or gas corporation. In developing such incentives and penal-
 11 ties, the commission shall take into consideration the impacts of such
 12 incentives and penalties on rates paid by ratepayers.
 13 3. The commission may provide for performance metrics that are not
 14 subject to incentives or penalties, but such performance metrics may
 15 require each electric or gas corporation to file an annual report with
 16 the commission on the performance of such electric or gas corporation,
 17 as measured by such performance metrics.
 18 § 2. This act shall take effect immediately.

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