New York S 7230: Relates to requiring renewal notices for applications under the SCRIE program

Bill Text

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 Speaker Carl E. Heastie

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S07230 Summary:

BILL NOS07230 

&nbsp

SAME ASSAME AS A06762

&nbsp

SPONSORCOMRIE

&nbsp

COSPNSRRHOADS

&nbsp

MLTSPNSR

&nbsp

Amd §§103, 400, 402 & 403, Ab Prop L

&nbsp

Ensures energy services companies are subject to the same consumer protection regulations regarding unclaimed deposits and refunds currently facing utility companies.

Go to top S07230 Actions:

BILL NOS07230 

&nbsp

04/04/2025REFERRED TO FINANCE

04/24/2025COMMITTEE DISCHARGED AND COMMITTED TO RULES

04/24/2025ORDERED TO THIRD READING CAL.690

04/30/2025SUBSTITUTED BY A6762

&nbspA06762 AMEND= Woerner

&nbsp03/12/2025referred to energy

&nbsp04/08/2025reported referred to rules

&nbsp04/08/2025reported 

&nbsp04/08/2025rules report cal.147

&nbsp04/08/2025ordered to third reading rules cal.147

&nbsp04/08/2025passed assembly

&nbsp04/08/2025delivered to senate

&nbsp04/08/2025REFERRED TO FINANCE

&nbsp04/30/2025SUBSTITUTED FOR S7230

&nbsp04/30/20253RD READING CAL.690

&nbsp04/30/2025PASSED SENATE

&nbsp04/30/2025RETURNED TO ASSEMBLY

&nbsp05/23/2025delivered to governor

&nbsp05/23/2025signed chap.129

Go to topS07230 Committee&nbspVotes:

Go to topS07230 Floor&nbspVotes:

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

Go to topS07230 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 7230

 2025-2026 Regular Sessions

 IN SENATE

 April 4, 2025
 ___________

 Introduced by Sen. COMRIE -- read twice and ordered printed, and when
 printed to be committed to the Committee on Finance

 AN ACT to amend the abandoned property law, in relation to ensuring
 ESCOs are subject to the same consumer protection regulations regard-
 ing unclaimed deposits and refunds currently facing utility companies

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

 1 Section 1. Section 103 of the abandoned property law is amended by
 2 adding a new subdivision (j) to read as follows:
 3 (j) "Energy services company" or "ESCO" shall mean an entity eligible
 4 to sell energy services to end-use customers using the transmission or
 5 distribution system of a utility.
 6 § 2. Subdivision (f) of section 103 of the abandoned property law, as
 7 amended by chapter 498 of the laws of 1944 and relettered by chapter 908
 8 of the laws of 1974, is amended to read as follows:
 9 (f) "Utility services" means gas, electricity or steam supplied by a
 10 gas, electric, gas and electric or district steam corporation or an
 11 energy services company, telephone, telegraph or other service furnished
 12 by a telephone, telegraph or telegraph and telephone corporation, water
 13 supplied by a waterworks corporation, or appliances, equipment, instal-
 14 lations, fixtures or appurtenances rented by any such corporation or
 15 ESCO.
 16 § 3. Section 400 of the abandoned property law, the opening paragraph
 17 of subdivision 1 as amended by chapter 498 of the laws of 1944, para-
 18 graphs (a) and (b) of subdivision 1 as amended by chapter 78 of the laws
 19 of 1976, and paragraph (c) of subdivision 1 as amended by chapter 833 of
 20 the laws of 1963, is amended to read as follows:
 21 § 400. Unclaimed deposits and refunds for utility services. 1. The
 22 following unclaimed moneys held or owing by a gas corporation, an elec-
 23 tric corporation, a gas and electric corporation, a district steam
 24 corporation, an energy services company, a telegraph corporation, a

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD10732-01-5

 S. 7230 2

 1 telephone corporation, a telegraph and telephone corporation, or a
 2 waterworks corporation, shall be deemed abandoned property:
 3 (a) Any deposit made by a consumer or subscriber with such a corpo-
 4 ration or ESCO to secure the payment for utility services furnished by
 5 such corporation or ESCO, or the amount of such deposit after deducting
 6 any sums due to such corporation or ESCO by such consumer or subscriber,
 7 together with any interest due thereon, which shall have remained
 8 unclaimed by the person or persons appearing to be entitled thereto for
 9 two years after the termination of the utility services to secure the
 10 payment of which such deposit wa