New York 2025 Session Status: Introduced

A11578 — Relates to requiring gas and electric corporations to disclose certain information with an application for a major rate change

Last action — In Assembly Committee

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Assembly
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Assembly. Introduced June 05, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Not enough signal yet

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

The bill requires gas and electric companies to provide specific financial information when applying for rate changes.

This bill mandates that gas and electric corporations disclose details about dividends, capital investments, and policy expenses when they apply for a major rate change. It aims to improve transparency in the rate change process.

What this means for you
  • Consumers: This means you will have access to more detailed financial information about gas and electric companies when they propose rate increases.

Summary

Requires a gas and electric corporation to disclose certain information with an application for a major rate change; requires information relating to dividends paid to shareholders, capital investments, and policy expenditures; requires each application to include a dividend forecast covering the requested rate period.

Bill Text

Action History

  1. REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 218 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (218)

218 members have not signed on to this bill.

Show all 218 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance energy
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does A11578 do?
Requires a gas and electric corporation to disclose certain information with an application for a major rate change; requires information relating to dividends paid to shareholders, capital investments, and policy expenditures; requires each application to include a dividend forecast covering the requested rate period.
Who sponsors A11578?
A11578 is sponsored by Keith Powers.
What is the current status of A11578?
This bill has been introduced in the Assembly. Introduced June 05, 2026. It must pass committee before a floor vote.
Where can I track A11578?
Track A11578 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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