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History
- Vetoed memo.564
- Delivered to governor
- Returned to senate
- Passed assembly
- Ordered to third reading cal.864
- Substituted for A9503A
- Referred to corporations, authorities and commissions
- Delivered to assembly
- Passed senateVote 59–0
- Advanced to third reading
- 2nd report cal.
- Amended (t) 7007a
Show 3 earlier actions
- 1st report cal.958
- Reported and committed to finance
- Referred to energy and telecommunications
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Directs the public service commission to conduct a study on gas and electric supply prices
Assembly Floor Calendar · Sponsor Andrew Hevesi
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7007A
Title of bill
An act directing the public service commission to conduct a study on gas and electric supply prices; and providing for the repeal of such provision upon expiration thereof
Purpose
To direct the Public Service Commission and the Bulk System Operator to conduct a study on the causes of large price increases for electric and gas supply this past winter and provide policy recommendations to the legislature
Summary of provisions
Section 1. Requires the Public Service Commission and the Bulk system operator to conduct a study to determine the factors that caused major price spikes on consumer gas and electric bills this past winter.
Section 2. Sets forth the effective date.
Justification
This past winter saw some of the largest electricity supply price increases in recent memory. These increases across the state ranged from 15% to more than 60% and were a shock to consumers who struggled to pay ever higher utility bills. The Public Service commission and the Bulk system operator are in the best position to understand and evaluate the state and national causes of these large price increases. The Commission's most important statutory duty is to act in the public interest and nothing could more clearly fall into that category than explaining why these massive price increases happened and making recommendations to the legislature about policy changes that might mitigate these increases in the future. Consumers are justifiably demanding answers and this bill will help to provide them.
Fiscal implications
Minimal-only cost is the value of time spent on this project by Department of Public Service Staff.
History
This is a new bill.
Effective date
This bill shall take effect immediately and shall expire and be deemed repealed November 15, 2014.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.