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A01028 Summary:

BILL NOA01028
 
SAME ASSAME AS S01896
 
SPONSORBarrett
 
COSPNSRKelles, Levenberg, Jacobson, Burdick, Shimsky, Otis
 
MLTSPNSR
 
Add §65-c, Pub Serv L
 
Requires electric corporations, gas corporations, steam corporations and water-works corporations to adopt the common equity ratio and rate of return on equity authorized by the public service commission unless such utility can successfully demonstrate that such authorized rates do not meet their capital and/or operating needs.
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