Prohibits utilities from charging customers excise tax; requires utilities to pay the tax themselves.
New York State Senate Bill S09102 amends the administrative code of New York City to prohibit utilities from charging customers an excise tax. Instead, the tax will be charged against and paid by the utility. This change applies to utilities that provide metered services generated or produced by a cogeneration facility owned or operated by a cooperative corporation. The bill aims to ensure that the financial burden of the excise tax does not fall on customers.
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