NY S 10157

in committee

Enacts the "utility fair acquisition act"

New York · 2025-2026 Regular Session · upper

Description

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.

Introduced: —
Status date: —
Latest action: 2026-05-01 — REFERRED TO LOCAL GOVERNMENT
Bill type: bill
Last updated: —

Committees

Not provided by source.

Action timeline

2026-05-01
REFERRED TO LOCAL GOVERNMENT
referral-committee

Versions

S10157Compare

Documents

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Votes

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Related bills

Companion bill: A 9154

Official source

https://legislation.nysenate.gov/api/3/bills/2025-2026/S10157?summary=&detail=

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z

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