N.Y. Public Service Law § 119-c: Tax reduction benefit to ratepayers

§ 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.