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S01896 Summary:
| BILL NO | S01896 |
| SAME AS | SAME AS A01028 |
| SPONSOR | MAYER |
| COSPNSR | GOUNARDES, JACKSON, WEBB |
| 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. | |