New York Senate Bill 10157: Enacts the "utility fair acquisition act", providing that in any acquisition by a municipal corporation or a public benefit corporation created pursuant to article 5 of the public authorities law 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.

New York · 2025-2026 session

Status: In committee

Latest action

REFERRED TO LOCAL GOVERNMENT (2026-05-01)

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