New York 2025 Session Status: Introduced

S1896 — Requires certain utilities to adopt the common equity ratio and rate of return on equity authorized by the public service commission

Last action — In Assembly Committee

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

This bill has been introduced in the Senate. Introduced January 14, 2025. 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

Stalled 26% · moderate confidence
  • Introduced

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 6 recorded votes so far.

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

Summary

Requires electric corporations, gas corporations, steam corporations and water-works corporations to adopt the common equity ratio and rate of return on equity authorized by the public service commission unless such utility can successfully demonstrate that such authorized rates do not meet their capital and/or operating needs.

Bill Text

Action History

  1. REFERRED TO ENERGY

  2. DELIVERED TO ASSEMBLY

  3. PASSED SENATE

  4. ORDERED TO THIRD READING CAL.142

  5. REPORTED AND COMMITTED TO RULES

  6. REFERRED TO ENERGY AND TELECOMMUNICATIONS

  7. RETURNED TO SENATE

  8. DIED IN ASSEMBLY

  9. REFERRED TO ENERGY

  10. DELIVERED TO ASSEMBLY

  11. PASSED SENATE

  12. ORDERED TO THIRD READING CAL.147

  13. REPORTED AND COMMITTED TO RULES

  14. REFERRED TO ENERGY AND TELECOMMUNICATIONS

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 218 not signed on · 9 voted No

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

Votes

Floor vote

Passed 53 Yea · 9 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 53901
Total 53901
% of votes cast 84%14%0%2%
How each member voted (63)

Official roll call →

Committee vote — Rules

Passed 17 Yea · 3 Nay
Party YeaNayPresentNot Voting
Unaffiliated 17300
Total 17300
% of votes cast 85%15%0%0%
How each member voted (20)
Member Party Vote
Andrea Stewart-Cousins — Yea
Andrew J. Lanza — Yea
Dan Stec — Nay
Jamaal Bailey — Yea
John Liu — Yea
Joseph A. Griffo — Yea
Joseph P. Addabbo Jr. — Yea
Kevin S. Parker — Yea
Leroy Comrie — Yea
Liz Krueger — Yea
Luis R. Sepúlveda — Yea
Michael Gianaris — Yea
Nathalia Fernandez — Yea
Pamela Helming — Yea
Patrick M. Gallivan — Yea
Pete Harckham — Yea
Robert Ortt — Nay
Shelley Mayer — Yea
Thomas F. O'Mara — Nay
Zellnor Myrie — Yea

Official roll call →

Committee vote — Rules

Passed 17 Yea · 3 Nay
Party YeaNayPresentNot Voting
Unaffiliated 17300
Total 17300
% of votes cast 85%15%0%0%
How each member voted (20)
Member Party Vote
Andrea Stewart-Cousins — Yea
Andrew J. Lanza — Yea
Dan Stec — Nay
Jamaal Bailey — Yea
John Liu — Yea
Joseph A. Griffo — Yea
Joseph P. Addabbo Jr. — Yea
Kevin S. Parker — Yea
Leroy Comrie — Yea
Liz Krueger — Yea
Luis R. Sepúlveda — Yea
Michael Gianaris — Yea
Nathalia Fernandez — Yea
Pamela Helming — Yea
Patrick M. Gallivan — Yea
Pete Harckham — Yea
Robert Ortt — Nay
Shelley Mayer — Yea
Thomas F. O'Mara — Nay
Zellnor Myrie — Yea

Official roll call →

Committee vote — Rules

Passed 18 Yea · 2 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 18201
Total 18201
% of votes cast 86%10%0%5%
How each member voted (21)
Member Party Vote
Andrea Stewart-Cousins — Yea
Andrew J. Lanza — Yea
Brad Hoylman-Sigal — Yea
Dan Stec — Yea
Jamaal Bailey — Yea
John Liu — Yea
Joseph A. Griffo — Yea
Joseph P. Addabbo Jr. — Yea
Kevin S. Parker — Yea
Leroy Comrie — Yea
Liz Krueger — Yea
Luis R. Sepúlveda — Yea
Michael Gianaris — Yea
Nathalia Fernandez — Yea
Pamela Helming — Yea
Patrick M. Gallivan — Not Voting
Pete Harckham — Yea
Robert Ortt — Nay
Shelley Mayer — Yea
Thomas F. O'Mara — Nay
Zellnor Myrie — Yea

Official roll call →

Floor vote

Passed 52 Yea · 8 Nay · 3 Other
Party YeaNayPresentNot Voting
Unaffiliated 52803
Total 52803
% of votes cast 83%13%0%5%
How each member voted (63)
Member Party Vote
Alexis Weik — Nay
Andrea Stewart-Cousins — Yea
Andrew Gounardes — Yea
Andrew J. Lanza — Yea
Anthony H. Palumbo — Nay
April Baskin — Yea
Brad Hoylman-Sigal — Yea
Brian Kavanagh — Yea
Christopher Ryan — Yea
Cordell Cleare — Yea
Dan Stec — Nay
Dean Murray — Yea
George Borrello — Nay
Gustavo Rivera — Yea
Jabari Brisport — Yea
Jack M. Martins — Yea
Jake Ashby — Nay
Jamaal Bailey — Yea
James Sanders Jr. — Not Voting
James Skoufis — Yea
James Tedisco — Nay
Jeremy Cooney — Yea
Jessica Ramos — Yea
Jessica Scarcella-Spanton — Yea
John Liu — Yea
Joseph A. Griffo — Yea
Joseph P. Addabbo Jr. — Yea
José M. Serrano — Yea
Julia Salazar — Yea
Kevin S. Parker — Yea
Kristen Gonzalez — Yea
Lea Webb — Not Voting
Leroy Comrie — Yea
Liz Krueger — Yea
Luis R. Sepúlveda — Yea
Mario Mattera — Yea
Mark Walczyk — Yea
Michael Gianaris — Yea
Michelle Hinchey — Yea
Monica Martinez — Yea
Nathalia Fernandez — Yea
Pamela Helming — Yea
Patricia Canzoneri-Fitzpatrick — Yea
Patricia Fahy — Yea
Patrick M. Gallivan — Not Voting
Pete Harckham — Yea
Peter Oberacker — Yea
Rachel May — Yea
Robert Jackson — Yea
Robert Ortt — Nay
Robert Rolison — Yea
Roxanne J. Persaud — Yea
Samra Brouk — Yea
Sean Ryan — Yea
Shelley Mayer — Yea
Siela Bynoe — Yea
Simcha Felder — Yea
Stephen T. Chan — Yea
Steve Rhoads — Yea
Thomas F. O'Mara — Nay
Toby Ann Stavisky — Yea
William Weber — Yea
Zellnor Myrie — Yea

Official roll call →

Subjects

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Frequently asked questions

What does S1896 do?
Requires electric corporations, gas corporations, steam corporations and water-works corporations to adopt the common equity ratio and rate of return on equity authorized by the public service commission unless such utility can successfully demonstrate that such authorized rates do not meet their capital and/or operating needs.
Who sponsors S1896?
S1896 is sponsored by Shelley Mayer.
What is the current status of S1896?
This bill has been introduced in the Senate. Introduced January 14, 2025. It must pass committee before a floor vote.
Where can I track S1896?
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