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2000 SESSION
SB 594 Utility consumer services cooperatives.
Introduced by: Thomas K. Norment, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Utility consumer services cooperatives; utility aggregation cooperatives. Clarifies the authority of utility consumer services cooperatives to sell retail electricity to their members when the competitive market emerges in 2002. The bill prohibits any electric cooperative conducting regulated utility services from conducting unregulated business activities, other than traditional cooperative activities, except through an affiliate. “Traditional cooperative activities” are defined as businesses, services, or activities in which cooperatives have traditionally engaged in Virginia. In addition, the bill amends and clarifies aspects of cooperative corporate governance and makes certain provisions consistent with Virginia’s existing corporate statutes by (i) eliminating references to the consolidation of cooperatives, (ii) permitting cooperatives to have one or more classes of membership if set forth in the cooperative’s bylaws, and (iii) clarifying that only members of a cooperative can be elected to the board of directors.
FULL TEXT
- 01/24/00 Senate: Presented & ordered printed 004863508 pdf
- 02/09/00 Senate: Printed as engrossed 004863508-E pdf
- 02/24/00 Senate: Bill text as passed Senate and House (SB594ER) pdf
- 05/04/00 Governor: Acts of Assembly Chapter text (CHAP0944) pdf
AMENDMENTS
HISTORY
- 01/24/00 Senate: Presented & ordered printed 004863508
- 01/24/00 Senate: Referred to Committee on Commerce and Labor
- 02/07/00 Senate: Reported from C. & L. with amendments (14-Y 0-N)
- 02/08/00 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/08/00 Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
- 02/09/00 Senate: Read second time
- 02/09/00 Senate: Reading of amendments waived
- 02/09/00 Senate: Committee amendments agreed to
- 02/09/00 Senate: Engrossed by Senate as amended
- 02/09/00 Senate: Printed as engrossed 004863508-E
- 02/10/00 Senate: Read third time and passed Senate (39-Y 0-N)
- 02/10/00 Senate: VOTE: PASSAGE R (39-Y 0-N)
- 02/10/00 Senate: Rec. of passage agreed to by Senate (39-Y 0-N)
- 02/10/00 Senate: VOTE: RECONSIDER R (39-Y 0-N)
- 02/10/00 Senate: Passed Senate (39-Y 0-N)
- 02/10/00 Senate: VOTE: PASSAGE R (39-Y 0-N)
- 02/10/00 Senate: Communicated to House
- 02/14/00 House: Placed on Calendar
- 02/14/00 House: Read first time
- 02/14/00 House: Referred to Committee on Corporations, Insurance and Banking
- 02/17/00 House: Reported from Corp., Ins. & Banking (25-Y 0-N)
- 02/18/00 House: Read second time
- 02/21/00 House: Read third time
- 02/21/00 House: Passed House (Block Vote) (100-Y 0-N)
- 02/21/00 House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
- 02/24/00 Senate: Bill text as passed Senate and House (SB594ER)
- 03/06/00 Senate: Enrolled
- 03/06/00 House: Signed by Speaker
- 03/07/00 Senate: Signed by President
- 04/09/00 Governor: Approved by Governor-Chapter 944 (effective 7/1/00)
- 05/04/00 Governor: Acts of Assembly Chapter text (CHAP0944)