BILL NUMBER: S9893
SPONSOR: ROLISON
 
TITLE OF BILL:
An act to amend the public service law, in relation to costs and
expenses of the department of public service and the public service
commission; to amend the tax law, in relation to providing for a rate-
payer protection tax credit; and to repeal certain provisions of the
public service law relating to the assessment of costs and expenses of
the department of public service and the public service commission
 
PURPOSE OR GENERAL IDEA OF BILL:
To direct the Public Service Commission (PSC) and the Comptroller to
determine the cost of the Climate Leadership and Community Protection
Act (CLCPA) mandates for each ratepayer and to establish a credit for
ratepayers and businesses to cover those costs.
 
SUMMARY OF PROVISIONS:
Section 1: Amends subdivision 1 of section 18-a of the public service
law to read: all costs and expenses of the department and commission
shall be paid pursuant to appropriation by the legislature.
Section 2: Repeals subdivisions 1-a, 2, 3, 4, 4-a, 4-b and 5 of section
18-a od the public service law.
Section 3: Amends section 5 of the public service law to add a new
subdivision 7 (a) to direct the public service commission and the comp-
troller to develop a formula to determine the average cost on a per
ratepayer basis to comply with provisions set forth in article seventy-
five of the environmental conservation law or rules or regulations
promulgated by a state agency to meet emissions goals. Subdivision 7
(b)beginning on March 1, 2025, the commission must disclose the cost to
the public thirty days prior to issuing and order, directive, rule or
regulation.
Section 4: Amends section 606 of the tax law by adding new subsection
bbb to establish a ratepayer protection credit for those with an annual
gross income of less than $250,000 for the cost of implementation of
article seventy-five of the environmental conservation law. Part 2
allows a carryover of the credit.
Section 5: Amends the tax law to add a new section 187-s to establish a
corporate ratepayer protection credit for the cost of implementation of
article seventy-five of the environmental conservation law. Part 2
allows a carryover of the credit.
Section 6: States the effective date.
 
JUSTIFICATION:
It's no secret energy bills are skyrocketing. New Yorkers across the
state are struggling to get by, and the increased costs of utility bills
are just pouring salt on the wound. Democratic Comptroller DiNapoli
estimates that ratepayers have already paid $2.6 billion toward the
clean-energy standard and the Climate Action Council's own plan esti-
mates that the CLCPA will cost taxpayers more than $3 00 billion' -- an
annual cost of $1,300 to $1,600 per household, according to the nonpar-
tisan Empire Center for Public Policy. As more mandates are placed on
our energy grid, energy prices will continue to increase, putting New
Yorkers further and further behind.
This bill directs the PSC and the Comptroller to determine the cost of
these mandates for each ratepayer and give that money back to ratepayers
so that New Yorkers are not burdened with the costs of mandates handed
down from Albany. In addition, it further cuts existing taxes that will
save ratepayers over $100 million.
 
PRIOR LEGISLATIVE HISTORY:
New bill.
 
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:
To be determined.
 
EFFECTIVE DATE:
Immediately.

Statutes affected:
S9893: 18-a public service law, 18-a(1) public service law, 606 tax law