New York S01974 requires public utility authorities to get legislative approval before raising rates or fees.

New York S01974 amends the public authorities law to mandate that public utility authorities must obtain approval from the state legislature before increasing any rates or fees, or introducing new ones. This applies to all public utility authorities operating under article five of the public authorities law. The amendment takes effect immediately upon enactment.

New York S01974 requires public utility authorities to get legislative approval before raising rates or fees.

New York S01974 amends the public authorities law to mandate that public utility authorities must obtain approval from the state legislature before increasing any rates or fees, or introducing new ones. This applies to all public utility authorities operating under article five of the public authorities law. The amendment takes effect immediately upon enactment.