Relates to costs and expenses of the department of public service and the public service commission; provides for a ratepayer protection tax credit; and repeals certain provisions of the public service law
REFERRED TO ENERGY AND TELECOMMUNICATIONS
Summary
The bill makes utility companies, municipalities and other regulated entities pay the department of public service and commission expenses, and it forces the commission to publish the cost of any new environmental compliance order before it is issued. It also creates a tax credit for individual taxpayers earning $250,000 or less to offset those compliance costs. The measures aim to increase transparency and lessen the financial impact on ratepayers.
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