New York A 5442: Enacts the "rate hike notice act"
Status: ORDERED TO THIRD READING RULES CAL.388 (as of 2025-06-04)
State: New York · Session: 2025-2026 · Bill: A 5442
Sponsors: Zohran Mamdani, Angelo Santabarbara, Claire Valdez, Dana Levenberg, David McDonough, Keith Brown, Phara Souffrant Forrest, Sarahana Shrestha, Steven Otis
Bill Text
Bill Search and Legislative Information | New York State Assembly • • • • • • • • Skip to main content New York State Assembly Speaker Carl E. Heastie --> --> --> • Assembly Members • Legislative Info • Public Hearings • Speaker's Press • Assembly Reports • Committees & More • Bill Search Home • Laws • Legislative Calendar • Public Hearing Schedule • Assembly Calendars • Assembly Committee Agenda Javascript must be enabled to properly view this page. - This bill is not active in this session. Bill No.: • Summary • Actions • Committee Votes • Floor Votes • Memo • Text • LFIN • Chamber Video/Transcript A05442 Summary: BILL NOA05442B   SAME ASSAME AS S05553-B   SPONSORMamdani   COSPNSRForrest, Levenberg, Shrestha, Brown K, Valdez, McDonough, Santabarbara, Otis   MLTSPNSR   Amd §66, Pub Serv L   Enacts the "rate hike notice act" which requires utilities in the state of New York to provide notice of a proposed rate hike to a customer via text, email and via such customer's monthly billing statement. Go to top A05442 Actions: BILL NOA05442B   02/14/2025referred to energy 04/30/2025amend and recommit to energy 04/30/2025print number 5442a 05/16/2025amend and recommit to energy 05/16/2025print number 5442b 05/20/2025reported referred to rules 06/04/2025reported 06/04/2025rules report cal.388 06/04/2025ordered to third reading rules cal.388 Go to topA05442 Committee Votes: Committee:ENERGY Chair:Barrett DATE:05/20/2025AYE/NAY:16/0 Action: Favorable refer to committee Rules BarrettAyePalmesanoAye SantabarbaraAyeBlankenbushAye DilanAyeManktelowAye SternAyeGrayAye AndersonAyePirozzoloAye RiveraAye MamdaniExcused ConradAye LucasAye ShresthaAye ClarkAye DaisAye Committee:RULES Chair:Glick DATE:06/04/2025AYE/NAY:28/0 Action: Favorable HeastieExcusedBarclayAye PretlowAyeHawleyAye CookAyeBlankenbushAye GlickAyeRaAye DinowitzAyeBrabenecAye ColtonAyePalmesanoAye MagnarelliExcusedReillyAye PaulinAyeSmithExcused Peoples-StokesAyeJensenAye BenedettoAye LavineAye LupardoAye BraunsteinAye DavilaAye HyndmanAye RozicAye BronsonAye HevesiAye HunterAye TaylorAye CruzAye VanelAye Go to topA05442 Floor Votes: There are no Assembly votes for this bill in this legislative session. Go to topA05442 Text: STATE OF NEW YORK ________________________________________________________________________ 5442--B 2025-2026 Regular Sessions IN ASSEMBLY February 14, 2025 ___________ Introduced by M. of A. MAMDANI, FORREST, LEVENBERG, SHRESTHA, K. BROWN, VALDEZ, McDONOUGH -- read once and referred to the Committee on Energy -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- again reported from said commit- tee with amendments, ordered reprinted as amended and recommitted to said committee AN ACT to amend the public service law, in relation to enacting the "rate hike notice act" The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Short title. This act shall be known and may be cited as 2 the "rate hike notice act". 3 § 2. Subdivision 12 of section 66 of the public service law is amended 4 by adding a new paragraph (m) to read as follows: 5 (m) Within one business day of the publication of the information 6 required pursuant to subparagraph (i) of paragraph (l) of this subdivi- 7 sion, the commission shall require each utility to send electronic 8 notice of a proposed rate increase via text to all customers for whom 9 such utility contacts through text provided that such customers have 10 been provided an option to opt-out of such contact. The text shall 11 inform such customer that such utility is proposing a rate increase in 12 the customer's service area. Such text shall contain the following: 13 (i) the name of the utility proposing a rate increase; 14 (ii) the percentage increase to electricity and gas rates for the 15 typical residential customer; 16 (iii) the percentage increase to electricity and gas rates for the 17 typical commercial customer; 18 (iv) instructions for where ratepayers can find additional information 19 pertaining to the rate case; and 20 (v) clarification that this rate increase will not take effect until 21 approved or modified by the commission. Further, within one business EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04975-06-5 A. 5442--B 2 1 day of the publication of the information required pursuant to subpara- 2 graph (i) of paragraph (l) of this subdivision, the commission shall 3 also require each utility to send electronic notice of a proposed rate 4 increase via email to all customers for whom such utility contacts 5 through email, provided that such customers have been provided an option 6 to opt-out of
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