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New York · 2025 Regular Session · Bill

S 9422: Relates to the use of funds in the New York state climate investment account; repealer

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

S 9422 is a bill introduced in the New York Senate on March 11, 2026. According to its official title, it concerns: Relates to the use of funds in the New York state climate investment account; repealer. Primary sponsor: Joe Griffo (Republican/Conservative). Most recent recorded action (March 11, 2026): REFERRED TO FINANCE.

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.

Allows surplus or uncommitted funds in the New York state climate investment account to be returned to ratepayers; establishes a one-year utility bill tax and surcharge holiday and a two-year green energy tax holiday; relates to audits of utility corporations; authorizes the public service commission to reconsider rate increases; grants customers the right to decline smart meters and prohibits such customers from being penalized or charged exercising such right; directs the public service commission to conduct a study analyzing the economic impact of the use of smart meters; relates to costs and expenses of the department of public service and the public service commission; directs the public service commission to develop a formula to determine the average cost to comply with the provisions set forth in article seventy-five of the environmental conservation law; provides for a ratepayer protection tax credit; repeals certain provisions of law relating to the assessment of costs and expenses of the department of public service and the public service commission.

Sponsors

Sponsors by party (alphabetical): Republican/Conservative 1

NameRolePartyChamberDistrict
Joe GriffoPrimary sponsorRepublican/ConservativeSenate53

“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 FINANCE

Sources

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