Assembly bill · A9649 (2025-26)
Relates to special franchise assessments and requires any reduction of the tax burden of certain utilities to pass-through to ratepayers
New York State Assembly
Sponsor: Andrew Hevesi (Assembly Member, District 28, Democratic)
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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 20, 2026. About our data
Summary
Exempts certain utilities from special franchise assessments in New York city; requires that any reduction in special franchise taxes imposed on ConEd and National Grid shall be passed-through to rates charged to its ratepayers so that the full economic benefit of such reduction accrues to their ratepayers.
Summary from NY Open Legislation. How we handle summaries
Amends the Real Property Tax Law.
Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Real Property Taxation · New York State Assembly
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Full history
- Mar 2, 2026
Enacting Clause Stricken
ENACTING CLAUSE STRICKEN
NY Assembly
- Jan 21, 2026
Referred to committee
REFERRED TO REAL PROPERTY TAXATION
NY Assembly
Read the record
- Read on NY Senate (opens in a new tab) The official record on nysenate.gov.