New York S 3734: Relates to creating the hospital and multiple dwelling energy loan fund

Bill Text

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 Speaker Carl E. Heastie

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S03734 Summary:

BILL NOS03734B

&nbsp

SAME ASSAME AS A05402-B

&nbsp

SPONSORMAYER

&nbsp

COSPNSRFERNANDEZ, JACKSON, MAY, OBERACKER, ZELLNER

&nbsp

MLTSPNSR

&nbsp

Amd §66, Pub Serv L

&nbsp

Authorizes and directs the public service commission to establish rules to limit a utility's ability to recover its direct or indirect costs associated with its attendance in, participation in, preparation for, or appeal of any rate proceeding conducted before the commission.

Go to top S03734 Actions:

BILL NOS03734B

&nbsp

01/29/2025REFERRED TO ENERGY AND TELECOMMUNICATIONS

02/25/20251ST REPORT CAL.409

02/26/20252ND REPORT CAL.

03/03/2025ADVANCED TO THIRD READING 

06/04/2025AMENDED ON THIRD READING 3734A

06/12/2025PASSED SENATE

06/12/2025DELIVERED TO ASSEMBLY

06/13/2025referred to energy

01/07/2026died in assembly

01/07/2026returned to senate

01/07/2026REFERRED TO ENERGY AND TELECOMMUNICATIONS

02/24/20261ST REPORT CAL.398

02/25/2026AMENDED (T) 3734B

02/25/20262ND REPORT CAL.

02/26/2026ADVANCED TO THIRD READING 

04/15/2026PASSED SENATE

04/15/2026DELIVERED TO ASSEMBLY

04/16/2026referred to energy

Go to topS03734 Committee&nbspVotes:

Go to topS03734 Floor&nbspVotes:

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

Go to topS03734 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 3734--B
 Cal. No. 398

 2025-2026 Regular Sessions

 IN SENATE

 January 29, 2025
 ___________

 Introduced by Sens. MAYER, FERNANDEZ, JACKSON, MAY, OBERACKER -- read
 twice and ordered printed, and when printed to be committed to the
 Committee on Energy and Telecommunications -- reported favorably from
 said committee, ordered to first and second report, ordered to a third
 reading, amended and ordered reprinted, retaining its place in the
 order of third reading -- recommitted to the Committee on Energy and
 Telecommunications in accordance with Senate Rule 6, sec. 8 --
 reported favorably from said committee, ordered to first report,
 amended on first report, ordered to a second report and ordered
 reprinted, retaining its place in the order of second report

 AN ACT to amend the public service law, in relation to authorizing the
 public service commission to establish rules to limit a utility's
 ability to recover certain operating expenses

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

 1 Section 1. Subdivision 12 of section 66 of the public service law is
 2 amended by adding a new paragraph (n) to read as follows:
 3 (n) (i) The commission is authorized and directed to, no later than
 4 January first, two thousand twenty-seven, establish rules to limit a
 5 utility's ability to recover its direct or indirect costs associated
 6 with its attendance in, participation in, preparation for, or appeal of
 7 any rate proceeding conducted before the commission. Such costs shall
 8 include, but need not be limited to, attorneys' fees, fees to engage
 9 expert witnesses or consultants, the portion of employee salaries asso-
 10 ciated with such attendance, participation, preparation or appeal of a
 11 rate proceeding and related costs identified by the commission.
 12 (ii) In establishing such rules the commission may consider: (A)
 13 setting an overall percentage of the utility's expenses in a rate case
 14 that are not recoverable; (B) setting a baseline of the reasonable cost
 15 of participation in a rate case; and (C) establishing discovery parame-
 16 ters and what information in a proceeding must be disclosed to interven-

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD07223-07-6

 S. 3734--B 2

 1 ers and to the commission to reduce time and costs associated with a
 2 lengthy discovery process.
 3 § 2. This act shall take effect on the one hundred eightieth day after
 4 it shall have become a law.

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