New York A09032 requires legislative approval for any utility rate or charge increase approved by the Public Service Commission.

New York A09032 amends the public service law to mandate that any increase in utility rates or charges approved by the Public Service Commission must also be reviewed and approved by the legislature through a concurrent resolution. The legislature has 60 days from the notice of the increase to approve, modify, or rescind it. Additionally, the bill allows the legislature to review and modify any rate or charge increase approved by the commission within the prior 12 months.

New York A09032 requires legislative approval for any utility rate or charge increase approved by the Public Service Commission.

New York A09032 amends the public service law to mandate that any increase in utility rates or charges approved by the Public Service Commission must also be reviewed and approved by the legislature through a concurrent resolution. The legislature has 60 days from the notice of the increase to approve, modify, or rescind it. Additionally, the bill allows the legislature to review and modify any rate or charge increase approved by the commission within the prior 12 months.