New York § 119-C Tax reduction benefit to ratepayers

New York Statutes

§ 119-C — Tax reduction benefit to ratepayers

New York § 119-C

Law PBSPublic Service

Art. 6Provisions Affecting Two or More Kinds of the Public Service and the Persons and Corporations Furnishing Such Service

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Bluebook

N.Y. Public Service § 119-C (2026).

Text

  § 119-c. Tax reduction benefit to ratepayers. The commission shall\nprovide that any net decrease in a utility corporation's tax expense\nresulting from the amendments made to sections one hundred eighty-four,\none hundred eighty-six-a and one hundred eighty-six-e of the tax law by\nthe chapter of the laws of nineteen hundred ninety-seven which enacted\nthis section shall inure to the benefit of the ratepayers of such\ncorporation.\n

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§ 119-c. Tax reduction benefit to ratepayers. The commission shall\nprovide that any net decrease in a utility corporation's tax expense\nresulting from the amendments made to sections one hundred eighty-four,\none hundred eighty-six-a and one hundred eighty-six-e of the tax law by\nthe chapter of the laws of nineteen hundred ninety-seven which enacted\nthis section shall inure to the benefit of the ratepayers of such\ncorporation.\n