Relates to consideration of capital expenditures in rate proceedings
It became law on Feb 13, 2026.
- Stage
- Became law
- Latest action
- Feb 13, 2026
What it does
Requires that any proposed capital expenditure to be considered in any matter affecting a major change in rates must be described by the utility on a per project basis and shall include the purpose and the need for each capital expenditure, total cost, and benefits to the ratepayers and the operation of the distribution system, and shall be posted on the PSC website.
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
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Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
It is law in New York. What happens now is up to the agency that carries it out, the courts, and the place itself.