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New York · 2025 Regular Session · Bill

A 1028: Requires certain utilities to adopt the common equity ratio and rate of return on equity authorized by the public service commission

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

A 1028 is a bill introduced in the New York House on January 8, 2025. According to its official title, it concerns: Requires certain utilities to adopt the common equity ratio and rate of return on equity authorized by the public service commission. Primary sponsor: Didi Barrett (Democratic). It lists 7 additional sponsors. Most recent recorded action (January 7, 2026): REFERRED TO ENERGY.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Requires electric corporations, gas corporations, steam corporations and water-works corporations to adopt the common equity ratio and rate of return on equity authorized by the public service commission unless such utility can successfully demonstrate that such authorized rates do not meet their capital and/or operating needs.

Sponsors

Sponsors by party (alphabetical): Democratic 4 · Democratic/Independence/Working Families 1 · Democratic/Working Families 3

NameRolePartyChamberDistrict
Didi BarrettPrimary sponsorDemocraticHouse106
Chris BurdickCo-sponsorDemocratic/Independence/Working FamiliesHouse93
Jonathan JacobsonCo-sponsorDemocraticHouse104
Anna KellesCo-sponsorDemocratic/Working FamiliesHouse125
Dana LevenbergCo-sponsorDemocratic/Working FamiliesHouse95
Steve OtisCo-sponsorDemocraticHouse91
MaryJane ShimskyCo-sponsorDemocratic/Working FamiliesHouse92
Phil SteckCo-sponsorDemocraticHouse110

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. REFERRED TO ENERGY
  2. REFERRED TO ENERGY

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source