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A03746 Summary:

BILL NOA03746
 
SAME ASSAME AS S06710
 
SPONSOREichenstein
 
COSPNSRJacobson, Ra
 
MLTSPNSR
 
Amd §25, Pub Serv L
 
Relates to false material statements related to a public utility.
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A03746 Actions:

BILL NOA03746
 
02/07/2023referred to corporations, authorities and commissions
01/03/2024referred to corporations, authorities and commissions
05/21/2024reported referred to codes
05/28/2024reported referred to rules
06/05/2024reported
06/05/2024rules report cal.432
06/05/2024substituted by s6710
 S06710 AMEND= SKOUFIS
 05/05/2023REFERRED TO ENERGY AND TELECOMMUNICATIONS
 05/15/20231ST REPORT CAL.884
 05/16/20232ND REPORT CAL.
 05/17/2023ADVANCED TO THIRD READING
 05/18/2023PASSED SENATE
 05/18/2023DELIVERED TO ASSEMBLY
 05/18/2023referred to corporations, authorities and commissions
 01/03/2024died in assembly
 01/03/2024returned to senate
 01/03/2024REFERRED TO ENERGY AND TELECOMMUNICATIONS
 01/30/20241ST REPORT CAL.297
 01/31/20242ND REPORT CAL.
 02/05/2024ADVANCED TO THIRD READING
 03/19/2024PASSED SENATE
 03/19/2024DELIVERED TO ASSEMBLY
 03/19/2024referred to corporations, authorities and commissions
 06/05/2024substituted for a3746
 06/05/2024ordered to third reading rules cal.432
 06/05/2024passed assembly
 06/05/2024returned to senate
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A03746 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A3746
 
SPONSOR: Eichenstein
  TITLE OF BILL: An act to amend the public service law, in relation to false material statements related to a public utility   PURPOSE OR GENERAL IDEA OF BILL: This bill establishes civil penalties for making false material state- ments to the public service commission in relation to a rate proceeding.   SUMMARY OF PROVISIONS: Section 1 amends the public service law by adding a new subdivision 4-a that would impose a $250,000 penalty for a public authority or the employees thereof, to knowingly make a false material statement to the public service commission in relation to a rate proceeding. Further, failure to disclose a false material statement made during a rate case to the commission within three days of discovering the false information will also result in a $250,000 penalty. Section 2 provides the effective date.   JUSTIFICATION: The Public Service Commission regulates most of the utilities operating in the state. Utility rates are set by the Commission, and are based on the costs to the utility of providing the service. When utilities provide inaccurate information, rates can be unnecessarily inflated, causing financial harm to the customers. Instituting a civil forfeiture for utilities that knowingly submit false information, or those that discover false information was previously submitted and fail to disclose such will deter utilities from wrongly inflating consumer rates.   PRIOR LEGISLATIVE HISTORY: 2021-2022: A1225 2019-20: S5673/A8286   FISCAL IMPLICATIONS: None to the state.   EFFECTIVE DATE: This act shall take effect immediately.
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A03746 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          3746
 
                               2023-2024 Regular Sessions
 
                   IN ASSEMBLY
 
                                    February 7, 2023
                                       ___________
 
        Introduced  by  M.  of  A.  EICHENSTEIN -- read once and referred to the
          Committee on Corporations, Authorities and Commissions
 
        AN ACT to amend the public service law, in relation  to  false  material
          statements related to a public utility
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Section 25 of the public service law is amended by adding a
     2  new subdivision 4-a to read as follows:
     3    4-a. (a) Notwithstanding the provisions of subdivision one or  two  of
     4  this  section,  any public utility company or corporation, and the offi-
     5  cers, agents or employees thereof that knowingly makes a false  material
     6  statement, representation or certification to the commission in any rate
     7  proceeding  shall  forfeit  to the state of New York a sum not to exceed
     8  two hundred fifty  thousand  dollars.  Each  false  material  statement,
     9  representation or certification shall constitute a separate and distinct
    10  offense for purposes of this section.
    11    (b)  A public utility company or corporation, and the officers, agents
    12  or employees thereof that discover  that  a  false  material  statement,
    13  representation or certification was previously made to the commission in
    14  relation  to a rate proceeding shall disclose such false material state-
    15  ment, representation or certification to  the  commission  within  three
    16  business  days  of  discovery.  Failure  to  make  such disclosure shall
    17  constitute a knowing violation of this subdivision and shall cause  such
    18  public  utility  company  or  corporation  and  the  officers, agents or
    19  employees thereof to be liable for forfeiture pursuant to this  subdivi-
    20  sion.
    21    § 2. This act shall take effect immediately.
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD07649-01-3
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