Relates to permitted changes in rate schedules for telephone companies; provides that a "major change" shall mean an increase in rates, charges and rentals which would increase the aggregate revenues of the applicant more than the greater of five hundred thousand dollars or two and one-half percent.
Ayes (57): Addabbo, Avella, Ball, Bonacic, Boyle, Breslin, DeFrancisco, Diaz, Dilan, Espaillat, Farley, Felder, Flanagan, Gallivan, Gianaris, Gipson, Golden, Griffo, Grisanti, Hannon, Hassell-Thomps, Kennedy, Klein, Krueger, Lanza, Larkin, Latimer, LaValle, Libous, Little, Marcellino, Marchione, Martins, Maziarz, Montgomery, Nozzolio, O'Brien, O'Mara, Parker, Peralta, Perkins, Ranzenhofer, Ritchie, Rivera, Robach, Sanders, Savino, Serrano, Seward, Skelos, Smith, Stavisky, Stewart-Cousins, Tkaczyk, Valesky, Young, Zeldin
Nays (3): Carlucci, Hoylman, Squadron
Absent (1): Sampson
TITLE OF BILL: An act to amend the public service law, in relation to changes in rate schedules for telephone companies
PURPOSE: To update requirements for proceedings before the Public Service Commission required for small businesses providing telephone service in New York State.
SUMMARY OF PROVISIONS: Section 1: increases the amount that a small telephone company can adjust its rates from $300,000 to $600,000 while maintaining their exemption from a formal proceeding before the Commission.
Section 2: Sets forth the effective date
JUSTIFICATION: Small telephone providers struggle to provide service to customers across upstate New York, because of increasing costs and regulatory burdens. One such burden, involves the need for a full proceeding process before the Public Service Commission for even modest adjustments in rates. Such hearing can cost tens of thousands of dollars, which would otherwise be used to limit the need for a rate adjustment or be invested back into the company to enhance services. Small Telephone companies provide critical links to technology and information to customers in some of the most rural parts of our state, and ensure that those customers are never left without a means of communications in an emergency. These companies are also a source of good paying jobs in parts of the state that desperately need economic development. In 1998, the Legislature acted to increase the exemption from a Commission proceeding from $150,000 to $300,000. Fifteen years later, another adjustment is needed to continue to provide the same level of benefit to these small businesses, who are struggling, by keeping up with the rate of inflation and cost of doing business.
LEGISLATIVE HISTORY: This is a new bill
FISCAL IMPLICATIONS: None
EFFECTIVE DATE: This act shall take effect immediately
STATE OF NEW YORK ________________________________________________________________________ 6138 IN SENATE (PREFILED) January 8, 2014 ___________Introduced by Sen. MAZIARZ -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommuni- cations AN ACT to amend the public service law, in relation to changes in rate schedules for telephone companies THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (c) of subdivision 2 of section 92 of the public service law, as amended by chapter 162 of the laws of 1998, is amended to read as follows: (c) For the purpose of this subdivision, "major changes" shall mean an increase in rates, charges and rentals which would increase the aggre- gate revenues of the applicant more than the greater of
[three]SIX hundred thousand dollars or two and one-half percent, but shall not include changes in rates, charges or rentals allowed to go into effect by the commission or made by the utility pursuant to an order of the commission after hearings held upon notice to the public. S 2. This act shall take effect immediately.EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13142-01-3