New York A 7429: Reduces the amount a utility can be assessed for costs and expenses of the department of public service and the public service commission from one percent to one-third of one percent

Status: HELD FOR CONSIDERATION IN CORPORATIONS, AUTHORITIES AND COMMISSIONS (as of 2026-05-11)

State: New York · Session: 2025-2026 · Bill: A 7429

Sponsors: Stephen Hawley, David McDonough, Joe DeStefano, Scott H. Bendett, Matthew Slater, Kenneth Blankenbush, Patrick Chludzinski, Daniel Norber, John Lemondes

Bill Text

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A07429 Summary:

BILL NOA07429 

&nbsp

SAME ASSAME AS S01629

&nbsp

SPONSORHawley

&nbsp

COSPNSRMcDonough, DeStefano, Bendett, Slater, Blankenbush, Chludzinski, Norber

&nbsp

MLTSPNSR

&nbsp

Amd §18-a, Pub Serv L

&nbsp

Reduces the total amount that can be charged from one percent to one-third of one percent.

Go to top A07429 Actions:

BILL NOA07429 

&nbsp

03/27/2025referred to corporations, authorities and commissions

01/07/2026referred to corporations, authorities and commissions

05/11/2026held for consideration in corporations, authorities and commissions

Go to topA07429 Committee&nbspVotes:

Committee:CORPORATIONS, AUTHORITIES AND COMMISSIONS Chair:Braunstein 
DATE:05/11/2026AYE/NAY:16/7 Action: Held for Consideration BraunsteinAyeLemondesNay

ZaccaroAyeBlankenbushNay

OtisAyeFriendNay

RozicAyeAngelinoNay

KimAyeJensenNay

ClarkAyeBlumencranzExcused

Pheffer AmatoAyeBaileyNay

CarrollAyeBeephanNay

FallAye

Gonzalez-RojasExcused

ZinermanAye

TapiaAye

JacobsonAye

BoresAbsent

ShimskyAye

SimoneAye

ConradAye

WrightAye

Go to topA07429 Floor&nbspVotes:

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

Go to topA07429 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 7429

 2025-2026 Regular Sessions

 IN ASSEMBLY

 March 27, 2025
 ___________

 Introduced by M. of A. HAWLEY -- read once and referred to the Committee
 on Corporations, Authorities and Commissions

 AN ACT to amend the public service law, in relation to reducing the
 amount a utility can be assessed for costs and expenses of the depart-
 ment of public service and the public service commission

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

 1 Section 1. Paragraph (g) of subdivision 2 of section 18-a of the
 2 public service law, as amended by section 2 of part A of chapter 173 of
 3 the laws of 2013, is amended to read as follows:
 4 (g) The total amount which may be charged to any public utility compa-
 5 ny and the Long Island power authority under authority of this subdivi-
 6 sion for any state fiscal year shall not exceed one-third of one per
 7 centum of such public utility company's or authority's gross operating
 8 revenues derived from intrastate utility operations in the last preced-
 9 ing calendar year, or other twelve month period as determined by the
 10 chairman; provided, however, that no corporation or person that is
 11 subject to the jurisdiction of the commission only with respect to safe-
 12 ty, or the power authority of the state of New York, shall be subject to
 13 the general assessment provided for under this subdivision.
 14 Notwithstanding the provisions of subdivision one of this section, for
 15 telephone corporations as defined in subdivision seventeen of section
 16 two of this article, the total amount which may be charged such corpo-
 17 rations for department expenses under the authority of subdivision one
 18 of this section for any state fiscal year shall not exceed one-third of
 19 one percentum of such corporation's gross operating revenue, over and
 20 above five hundred thousand dollars, derived from intrastate utility
 21 operations in the last preceding calendar year, or other twelve month
 22 period as determined by the chairman.
 23 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD03652-01-5

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