Senate bill · S7229 (2025-26)

Increases the penalties imposed upon gas and electric utilities for failure to file or correct an annual report with the public service commission

New York State Senate

Same as A11580, the matching bill in the Assembly.

Latest action Jun 5, 2026

Sponsor: Michael Gianaris (Democratic/Working Families)

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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 21, 2026. About our data

Summary

Increases the penalties imposed upon gas and electric utilities for failure to file or correct an annual report with the public service commission; provides such penalties shall not be more than one-tenth of 1% of the utilities' annual net revenue for each day of violation, but not to exceed $25,000 nor be less than $100.

Summary from NY Open Legislation. How we handle summaries

Amends the Public Service Law.

Purpose, from the sponsor's memo

To ensure compliance with reporting requirements under the Public Service Law by increasing penalties for any utility company that fails to file or correct an annual report with the Public Service Commission.

Filed with the bill. Read it on nysenate.gov (opens in a new tab)

Where it stands

Passed one of the two chambers; it still needs the other.

Introduced
In committee
Up for a vote
Passed one chamber
Passed
Enacted

Committee

Energy · New York State Assembly

Also referred to Energy And Telecommunications · New York State Senate.

Your position on this bill

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Cosponsors

Showing the cosponsors who are on Agora, A to Z. The official record may list more.

Read on NY Senate

Democratic1

Shown in neutral colors by design; Agora is non-partisan.

Liz Krueger

The sponsor's argument

Why Michael Gianaris says this is needed

A Task Force convened in response to a massive power outage in western Queens in 2006 found that, in many cases, the sanctions imposed by the Public Service Commission are neither timely nor meaningful. While New York's Public Service Commission is authorized to sanction utility providers for violating deadlines or failing to correct their annual reports are not meaningful or imposed in a timely fashion. A $100 penal- ty is simply a minor cost of doing business to a multi-billion-dollar utility provider. The amounts that a major utility could be penalized for being one day, or even one year, late in meeting a deadline would be well beneath its notice. To aggressively protect consumers, the PSC needs to have sufficient tools with which to do so. This bill would bring the penalties in line with the realities of today's energy markets.

This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.

Recorded votes

Vote: Floor vote
NY SenateMay 29, 2026Result: passed
(39) (19) (0) (5)
Vote: Committee vote · Energy And Telecommunications
Senate Energy And TelecommunicationsMay 13, 2026Result: passed
(6) (3) (0) (0)

Full history

Jun 5, 2026
Referred to committee
REFERRED TO ENERGY
NY Assembly
May 29, 2026
Sent to the executive
DELIVERED TO ASSEMBLY
NY Senate
May 29, 2026
Passed a chamber
PASSED SENATE
NY Senate
May 29, 2026
Referred to committee
REFERRED TO ENERGY
NY Assembly
May 18, 2026
Advanced to Third Reading
ADVANCED TO THIRD READING
NY Senate

Show full history (4 earlier events)

May 14, 2026
2ND Report CAL.
2ND REPORT CAL.
NY Senate
May 13, 2026
1ST Report CAL.1119
1ST REPORT CAL.1119
NY Senate
Jan 7, 2026
Referred to committee
REFERRED TO ENERGY AND TELECOMMUNICATIONS
NY Senate
Apr 4, 2025
Referred to committee
REFERRED TO ENERGY AND TELECOMMUNICATIONS
NY Senate

Read the record

Read on NY Senate (opens in a new tab) The official record on nysenate.gov.