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New York · 2025 Regular Session · Bill

S 7693: Relates to the retention of revenues derived from their actual return on equity in excess of authorized rates of return by gas, electric, or combination gas and electric corporations

Passed one chamber 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

S 7693 is a bill introduced in the New York Senate on April 30, 2025. According to its official title, it concerns: Relates to the retention of revenues derived from their actual return on equity in excess of authorized rates of return by gas, electric, or combination gas and electric corporations. Primary sponsor: Shelley Mayer (Democratic/Working Families). It lists 7 additional sponsors. Most recent recorded action (February 5, 2026): REFERRED TO WAYS AND MEANS.

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.

Provides that gas, electric, or combination gas and electric corporations shall not be permitted to retain revenues derived from their actual return on equity in excess of authorized rates of return on equity.

Sponsors

Sponsors by party (alphabetical): Democratic 2 · Democratic/Working Families 5 · Republican/Conservative 1

NameRolePartyChamberDistrict
Shelley MayerPrimary sponsorDemocratic/Working FamiliesSenate37
Samra BroukCo-sponsorDemocratic/Working FamiliesSenate55
Siela BynoeCo-sponsorDemocraticSenate6
Pat FahyCo-sponsorDemocraticSenate46
Michelle HincheyCo-sponsorDemocratic/Working FamiliesSenate41
Robert JacksonCo-sponsorDemocratic/Working FamiliesSenate31
Jack MartinsCo-sponsorRepublican/ConservativeSenate7
Jose SerranoCo-sponsorDemocratic/Working FamiliesSenate29

“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 WAYS AND MEANS
  2. DELIVERED TO ASSEMBLY
  3. PASSED SENATE
  4. ORDERED TO THIRD READING CAL.148
  5. REPORTED AND COMMITTED TO RULES
  6. REFERRED TO ENERGY AND TELECOMMUNICATIONS
  7. RETURNED TO SENATE
  8. DIED IN ASSEMBLY
  9. REFERRED TO WAYS AND MEANS
  10. DELIVERED TO ASSEMBLY
  11. PASSED SENATE
  12. ADVANCED TO THIRD READING

Showing 12 most recent of 15 actions. Full history

Sources

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