A 2740 New York Assembly · 2025 Regular Session

Relates to denials of increased utility rates and charges

Summary

Provides that whenever the public service commission denies a request by a utility for a major change in rates or charges, the schedule, rate, charge, form of contract or agreement, rule, regulation, general privilege, facility, or service immediately in effect prior to such request shall remain in full force and effect until such time as the commission approves a new rate, charge.

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2025

Committee Review

Floor Vote

Governor

Introduced Jan 22, 2025 Last action Mar 19, 2026

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What changed between versions

A2740 → A2740A · 3 edits

MINOR

The bill was amended to clarify and expand the rules governing utility rate changes. It now explicitly requires that old rates remain in effect when a utility requests a 'major change,' preventing utilities from immediately implementing new rates while waiting for approval. The scope was expanded to include specific references to prior legislation and to apply the new rules to all requests filed after the effective date.

Scope change

The bill's scope was refined to specifically address 'major changes' in rates and charges, ensuring the old rates stay in place during the review period for these significant requests, and it applies to all such requests filed after the act takes effect.

REQUIREMENT

The requirement for old rates to remain in effect during a denial was updated to specifically apply to requests for a 'major change' in rates or charges, adding clarity to the trigger for this protection.

DEFINITION

The text now explicitly references the existing legal framework (Chapter 154 of the laws of 1989) and lists specific items like 'form of contract' and 'rule, regulation' that must remain in force during the suspension period.

TIMELINE

The effective date clause was updated to explicitly state that the new rules apply to all utility requests for major rate changes filed after the act becomes effective.

Floor votes

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Mar 10, 2026

Lower · Passed

PRINT NUMBER 2740A

lower

Mar 10, 2026

Lower · Passed

AMEND AND RECOMMIT TO ENERGY

lower

Jan 7, 2026

Committee

REFERRED TO ENERGY

lower

Jan 22, 2025

Committee

REFERRED TO ENERGY

lower

1 primary · 9 co-sponsors