S 1629: Reduces the total amount that can be charged from one percent to one-third of one percent.

  
  STATE OF NEW YORK ________________________________________________________________________ 1629 2025-2026 Regular Sessions  IN SENATE January 13, 2025 ___________ Introduced by Sen. BORRELLO -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommuni- cations AN ACT to amend the public service law, in relation to reducing the amount a utility can be assessed for costs and expenses of the depart- ment of public service and the public service commission The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph (g) of subdivision 2 of section 18-a of the 2 public service law, as amended by section 2 of part A of chapter 173 of 3 the laws of 2013, is amended to read as follows: 4 (g) The total amount which may be charged to any public utility compa- 5 ny and the Long Island power authority under authority of this subdivi- 6 sion for any state fiscal year shall not exceed one-third of one per 7 centum of such public utility company's or authority's gross operating 8 revenues derived from intrastate utility operations in the last preced- 9 ing calendar year, or other twelve month period as determined by the 10 chairman; provided, however, that no corporation or person that is 11 subject to the jurisdiction of the commission only with respect to safe- 12 ty, or the power authority of the state of New York, shall be subject to 13 the general assessment provided for under this subdivision. 14 Notwithstanding the provisions of subdivision one of this section, for 15 telephone corporations as defined in subdivision seventeen of section 16 two of this article, the total amount which may be charged such corpo- 17 rations for department expenses under the authority of subdivision one 18 of this section for any state fiscal year shall not exceed one-third of 19 one percentum of such corporation's gross operating revenue, over and 20 above five hundred thousand dollars, derived from intrastate utility 21 operations in the last preceding calendar year, or other twelve month 22 period as determined by the chairman. 23 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD03652-01-5