A 9154 New York Assembly · 2025 Regular Session

Enacts the "utility fair acquisition act"

Summary

Enacts the "utility fair acquisition act", providing that in any acquisition by a municipal corporation or a public benefit corporation created pursuant to article 5 of the public authorities law of infrastructure operated by a public utility company or private energy provider, the appraised value shall be reduced by the value of infrastructure that was financed through customer user fees, ratepayer surcharges, or other non-investor-funded mechanisms as determined by the public service commission.

Bill status in committee 1 of 4 stages cleared

Introduction

Oct 2025

Committee Review

Floor Vote

Governor

Introduced Oct 17, 2025 Last action Apr 21, 2026

Maddy AI version diff · 1 comparison

What changed between versions

A9154 → A9154A · 3 edits

MINOR

The bill was renamed from the 'municipal fair acquisition act' to the 'utility fair acquisition act' and its scope was expanded to include the Public Authorities Law. This change broadens the application of the acquisition rules beyond just general municipal law to specifically include public benefit corporations authorized to provide water and energy services.

Scope change

The bill's applicability was expanded from solely the General Municipal Law to include the Public Authorities Law, thereby covering public benefit corporations in addition to general municipalities.

SCOPE

The bill title and short title were changed from 'municipal fair acquisition act' to 'utility fair acquisition act' to reflect the expanded scope.

ELIGIBILITY

A new section was added to the Public Authorities Law requiring public benefit corporations (such as water and energy providers) to reduce acquisition prices based on non-investor-funded infrastructure costs.

REQUIREMENT

A new requirement was established for the Public Service Commission to issue reports identifying the value of customer-funded contributions and recommending price reductions during utility asset acquisitions.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 21, 2026

Lower · Passed

PRINT NUMBER 9154A

lower

Apr 21, 2026

Lower · Passed

AMEND (T) AND RECOMMIT TO LOCAL GOVERNMENTS

lower

Jan 7, 2026

Committee

REFERRED TO LOCAL GOVERNMENTS

lower

Oct 17, 2025

Committee

REFERRED TO LOCAL GOVERNMENTS

lower

1 primary · 1 co-sponsor