New York S01012 prohibits public utilities from using funds or being reimbursed by funds raised from ratepayers for certain activities.
New York S01012 amends the public service law to prohibit public utilities from using funds or being reimbursed by funds raised from ratepayers for contributions or gifts to political candidates, trade associations, public charities, and lobbyists, and for certain travel, entertainment and educational expenditures. The bill also mandates that public utilities file quarterly reports with the commission if they engage in major political activities.
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