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A06326 Summary:

BILL NOA06326A
 
SAME ASSAME AS S01194-B
 
SPONSORValdez
 
COSPNSRSimon, Otis, Forrest, Zaccaro, Shrestha, Beephan, DeStefano, Durso, Hevesi, Kassay, Burroughs, Shimsky, Griffin, Santabarbara, Jacobson, Carroll P
 
MLTSPNSR
 
Amd §66, Pub Serv L
 
Requires gas and electric corporations to provide forty-five days' notice to customers whenever there is a service rate or charge increase.
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A06326 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A6326A
 
SPONSOR: Valdez
  TITLE OF BILL: An act to amend the public service law, in relation to requiring gas and electric corporations to provide forty-five days' notice to customers whenever there is a service rate or charge increase   PURPOSE OR GENERAL IDEA OF BILL: The purpose of this bill is to notify customers when their utility rate will increase.   SUMMARY OF SPECIFIC PROVISIONS: Section 1 amends the public service law to require any rate or charge increase imposed by a gas and electric corporation to be accompanied by a notice to each customer at least forty-five days in advance. Section 2 states that this act shall take effect immediately.   JUSTIFICATION: Customers have seen significant rate increases in their utility bills without receiving notice, creating potentially emergency situations for those already living paycheck to paycheck. New Yorkers deserve to be informed in advance If their utility bills are increasing to ensure they have time to plan and budget for the new expenses.   PRIOR LEGISLATIVE HISTORY: 2021-22: S8373 - Passed Senate 2023-24: A4895 - Passed Assembly / S1804 - Passed Senate / Vetoed Memo.127   FISCAL IMPLICATIONS: None   EFFECTIVE DATE: Effective immediately
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