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A 94412025–2026 SessionIN COMMITTEEDEMOCRAT

Relates to consideration of capital expenditures in rate proceedings

Introduced Jan 6, 2026Jonathan Jacobson (D-NY)1 cosponsor

Summary

Requires that any proposed capital expenditure to be considered in any matter affecting a major change in rates must be described by the utility on a per project basis and shall include the purpose and the need for each capital expenditure, total cost, and benefits to the ratepayers and the operation of the distribution system, and shall be posted on the PSC website.

How Congress Voted

House — Jan 20, 2026
147 votes
136(93%)
Yea
0(0%)
Nay
0(0%)
Present
11(7%)
Not voting
Senate — Jan 20, 2026
61 votes
57(93%)
Yea
0(0%)
Nay
0(0%)
Present
4(7%)
Not voting

Related bills

Legislative Journey

  1. Introduced
  2. Committee
  3. Floor
  4. Passed Chamber 1
  5. Passed Chamber 2
  6. Signed
Jan 6, 2026

REFERRED TO ENERGY

House
Jan 7, 2026

REFERRED TO ENERGY

House
Jan 13, 2026

REPORTED REFERRED TO RULES

House
Jan 13, 2026

REPORTED

House
Jan 13, 2026

RULES REPORT CAL.21

House
Jan 13, 2026

ORDERED TO THIRD READING RULES CAL.21

House
Jan 20, 2026

PASSED ASSEMBLY

House
Jan 20, 2026

DELIVERED TO SENATE

House
Jan 20, 2026

REFERRED TO RULES

Senate
Jan 20, 2026

SUBSTITUTED FOR S8764

Senate
Jan 20, 2026

3RD READING CAL.16

Senate
Jan 20, 2026

PASSED SENATE

Senate
Jan 20, 2026

RETURNED TO ASSEMBLY

Senate
Feb 13, 2026

DELIVERED TO GOVERNOR

House
Feb 13, 2026

SIGNED CHAP.10

House