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New York policy

A7542: Caps certain public utility profit margins at four percent

NY Assembly · Sponsor Jonathan Jacobson

Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
January 7, 2026

What it requires

Caps public gas corporations, public electric corporations and municipal gas and electric companies at a profit margin of four percent per year.

ny-stateassemblylegislationbill

Official source ↗

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