New York · 2025-2026 session
Status: Introduced
Enacts the "municipal fair acquisition act", providing that in any acquisition by a municipal corporation of infrastructure operated by a public utility company or private energy provider, the appraised value shall be reduced by the value of infrastructure that was financed through customer user fees, ratepayer surcharges, or other non-investor-funded mechanisms as determined by the public service commission.
PRINT NUMBER 9154A (2026-04-21)