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S 8463·NY·senate

Provides a one-year utility bill tax and surcharge holiday and two-year green energy tax holiday

In CommitteeFiled Jul 21, 2025
Sponsor: Rob Rolison (R)
Latest Action

REPORTED AND COMMITTED TO ENERGY AND TELECOMMUNICATIONS

May 12, 2026

Summary

The bill eliminates certain state taxes and surcharges on residential and commercial utility bills for one year, and bars any new tariffs or surcharges on renewable‑energy, electric‑vehicle‑ready, and EV‑charging infrastructure for two years. Utility companies must pass the tax savings directly to customers, and the state will reimburse the lost revenue from the general fund. It aims to lower energy costs for ratepayers while encouraging green‑energy investments.

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