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S 1896 NY
Passed Legislature

Requires certain utilities to adopt the common equity ratio and rate of return on equity authorized by the public service commission

NY · session 2025-2026 · Senate · bill

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Introduced Jan 14, 2025

Latest action (Feb 5, 2026) REFERRED TO ENERGY

Summary

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.

Sponsor (1)

6 coauthors / cosponsors

Action history (14)

  1. Jan 14, 2025 REFERRED TO ENERGY AND TELECOMMUNICATIONS · upper
  2. Jan 21, 2025 REPORTED AND COMMITTED TO RULES · upper
  3. Jan 27, 2025 ORDERED TO THIRD READING CAL.147 · upper
  4. Jan 27, 2025 PASSED SENATE · upper
  5. Jan 27, 2025 DELIVERED TO ASSEMBLY · upper
  6. Jan 27, 2025 REFERRED TO ENERGY · lower
  7. Jan 7, 2026 DIED IN ASSEMBLY · lower
  8. Jan 7, 2026 RETURNED TO SENATE · lower
  9. Jan 7, 2026 REFERRED TO ENERGY AND TELECOMMUNICATIONS · upper
  10. Jan 27, 2026 REPORTED AND COMMITTED TO RULES · upper
  11. Jan 27, 2026 ORDERED TO THIRD READING CAL.142 · upper
  12. Feb 4, 2026 PASSED SENATE · upper
  13. Feb 4, 2026 DELIVERED TO ASSEMBLY · upper
  14. Feb 5, 2026 REFERRED TO ENERGY · lower

Text versions (2)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • S1896 · HTML
  • S1896 · PDF

Full text

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