New York Assembly Bill A08877

New York 2025-2026 Regular Session

• Introduced: 6/9/25
• Refer: 6/9/25

Caption

Requires a fiscal note when a bill enacts or amends a law impacting the cost of utility services.

Impact

The implementation of A08877 is expected to impact state laws by introducing a standardized requirement for fiscal notes on relevant bills. This will create a more informed legislative environment where potential costs to consumers are clearly outlined before any amendments or enactions of laws take place. By mandating these financial disclosures, the bill aims to protect ratepayers from unexpected financial burdens associated with changes in utility costs.

Summary

Bill A08877 proposes an amendment to the legislative law, requiring that any bill affecting the cost of utility services for ratepayers includes a fiscal note. This fiscal note would provide an estimated annual cost to affected ratepayers and disclose the source of such estimates. The primary goal of this legislation is to enhance transparency in the legislative process related to utility costs, ensuring that legislators and the public can fully understand the financial implications of proposed utility-related bills.

Contention

While the bill promotes accountability among lawmakers, it may encounter opposition from some political groups who argue that the requirements for fiscal notes could slow down the legislative process or complicate legislative efforts. Critics may view this mandate as an additional bureaucratic hurdle that could delay necessary reforms or adjustments to utility services, especially in times of urgent economic need. The ongoing dialogue surrounding the bill is likely to center on balancing transparency and efficient legislative action.