Prohibits gas and electric corporations from recovering labor-related legal costs or workers' compensation loss adjustment expenses from ratepayers.

This bill amends the public service law to prohibit gas and electric corporations from recovering labor-related legal costs or workers' compensation loss adjustment expenses from ratepayers through rates, charges, surcharges, adjustment mechanisms, riders, or reconciliation mechanisms. These costs must be borne by the shareholders of the corporation. The bill defines labor-related legal activity to include legal fees, costs, settlements, judgments, awards, and disbursements arising from collective bargaining negotiations or disputes, grievances, arbitrations, or contract interpretation or.

Prohibits gas and electric corporations from recovering labor-related legal costs or workers' compensation loss adjustment expenses from ratepayers.

This bill amends the public service law to prohibit gas and electric corporations from recovering labor-related legal costs or workers' compensation loss adjustment expenses from ratepayers through rates, charges, surcharges, adjustment mechanisms, riders, or reconciliation mechanisms. These costs must be borne by the shareholders of the corporation. The bill defines labor-related legal activity to include legal fees, costs, settlements, judgments, awards, and disbursements arising from collective bargaining negotiations or disputes, grievances, arbitrations, or contract interpretation or.