Requires the public service commission to consider the economic impact of utility rates and charges
Summary
Requires consideration of evidence relating to the economic impact of major increases of rates or charges upon consumers and the areas affected by such increases of rates or charges prior to approval of any such rates or charges; establishes minimum data to be considered by the public service commission relating to such economic impact.
Bill status
passed both
4 of 5 stages cleared
Introduction
Jan 2025
Committee Review
Apr 2026
Assembly Passage
Apr 2026
Senate Passage
Jun 2026
Governor
Introduced Jan 16, 2025
Last action Jun 4, 2026
Maddy AI version diff · 1 comparison
What changed between versions
A2400
→
A2400A
·
3 edits
MINOR
The bill was amended to streamline the requirement for utility companies to consider the economic impact of rate increases. The changes consolidate separate provisions for different utility types into a single new section and update the specific data points the commission must review, adding the average monthly utility bill and estimated bill increases to the list of required factors.
Scope change
The scope was consolidated by replacing multiple individual amendments for gas, steam, water, and telephone utilities with one unified provision applicable to all public utility companies and municipalities.
REQUIREMENT
Replaced multiple scattered amendments with a single new section (119-f) that applies uniformly to all public utilities instead of treating gas, steam, water, and telephone companies separately.
Added the average monthly utility bill and the estimated increase in utility bills for affected customers as mandatory factors the commission must consider when assessing economic impact.
Updated the definition of 'service territory' in the context of cost-of-living analysis to ensure consistency with the bill's terminology.
Floor votes · Senate Jun 4, 2026 · Assembly Apr 27, 2026
How they voted
60–0
Passed · 3 other
Total votes 63
Jun 4, 2026
D
Democratic41
92% Yea
R
Republican22
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
13
Key actions
4
Committee
3
Amendments
2
Jun 4, 2026
Upper · Passed
PASSED SENATE
upper
Apr 27, 2026
Committee
REFERRED TO ENERGY AND TELECOMMUNICATIONS
upper
Apr 27, 2026
Lower · Passed
PASSED ASSEMBLY
lower
Mar 31, 2026
Lower · Passed
PRINT NUMBER 2400A
lower
Mar 31, 2026
Lower · Passed
AMEND AND RECOMMIT TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
lower
Jan 7, 2026
Committee
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
lower
Jan 16, 2025
Committee
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
lower
1 primary · 9 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Simcha Eichenstein
DDemocratic
Co
Anil Beephan
RRepublican/Conservative
Co
Chris Eachus
DDemocratic
Co
Grace Lee
DDemocratic
Co
Jonathan Jacobson
DDemocratic
Co
Judy Griffin
DDemocratic
Co
Marianne Buttenschon
DDemocratic
Co
Michael Cashman
DDemocratic
Co
Nily Rozic
DDemocratic
Co
Stacey Pheffer Amato
DDemocratic
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