New York Laws
Article 6 - Provisions Affecting Two or More Kinds of the Public Service and the Persons and Corporations Furnishing Such Service
119-C - Tax Reduction Benefit to Ratepayers.

ยง 119-c. Tax reduction benefit to ratepayers. The commission shall
provide that any net decrease in a utility corporation's tax expense
resulting from the amendments made to sections one hundred eighty-four,
one hundred eighty-six-a and one hundred eighty-six-e of the tax law by
the chapter of the laws of nineteen hundred ninety-seven which enacted
this section shall inure to the benefit of the ratepayers of such
corporation.