New York S 1974: Requires public utility authorities to obtain legislative approval before raising rates or fees, or imposing new rates or fees

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S01974 Summary:

BILL NOS01974 

&nbsp

SAME ASSAME AS A02291

&nbsp

SPONSORMURRAY

&nbsp

COSPNSRPALUMBO, WEIK

&nbsp

MLTSPNSR

&nbsp

Add §2859, Pub Auth L

&nbsp

Requires public utility authorities to obtain legislative approval before raising rates or fees, or imposing new rates or fees.

Go to top S01974 Actions:

BILL NOS01974 

&nbsp

01/14/2025REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

01/07/2026REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

Go to topS01974 Committee&nbspVotes:

Go to topS01974 Floor&nbspVotes:

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

Go to topS01974 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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