New York · 2025 Regular Session · Bill
S 9534: Relates to limiting rate increases that entail a return on equity for capital projects
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
S 9534 is a bill introduced in the New York Senate on March 20, 2026. According to its official title, it concerns: Relates to limiting rate increases that entail a return on equity for capital projects. Primary sponsor: James Skoufis (Democratic). Most recent recorded action (March 27, 2026): PRINT NUMBER 9534A.
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.
Prohibits the public service commission from approving a rate increase that entails a return on equity for capital projects that is above the prevailing ten-year treasury rate plus one percent.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| James Skoufis | Primary sponsor | Democratic | Senate | 42 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- PRINT NUMBER 9534A
- AMEND AND RECOMMIT TO ENERGY AND TELECOMMUNICATIONS
- REFERRED TO ENERGY AND TELECOMMUNICATIONS