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- Subject Index: Since 1995
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Developed and maintained by the Division of Legislative Automated Systems.
2010 SESSION
HB 533 Steps to Advance Virginia's Energy Plan (SAVE) Act; created.
Introduced by: Sam A. Nixon-Resigned 4/4 | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Natural gas utilities; cost recovery for certain infrastructure improvement costs. Authorizes investor-owned natural gas utilities to petition the State Corporation Commission to implement a separate rider that will allow for recovery of certain costs associated with eligible infrastructure replacement projects. Eligible infrastructure replacement projects are projects that: (i) enhance safety or reliability by reducing system integrity risks associated with customer outages, corrosion, equipment failures, material failures, natural forces, or other outside force damage; (ii) do not increase revenues by directly connecting the infrastructure replacement to new customers; (iii) reduce greenhouse gas emissions; (iv) are not included in the natural gas utility's rate base in its most recent rate case; and (v) are commenced on or after January 1, 2010. The costs recoverable from an eligible infrastructure replacement project include a return on the investment, a revenue conversion factor, depreciation, property taxes, and carrying costs on the over- or under- recovery of the eligible infrastructure replacement costs. A SAVE plan shall be allocated and charged so as to avoid undue cross-subsidization between rate classes. SB 112 is identical.
FULL TEXT
- 01/12/10 House: Prefiled and ordered printed; offered 01/13/10 10103775D pdf | impact statement
- 02/22/10 Senate: Committee substitute printed 10105452D-S1 pdf | impact statement
- 03/09/10 House: Bill text as passed House and Senate (HB533ER) pdf | impact statement
- 04/11/10 Governor: Acts of Assembly Chapter text (CHAP0514) pdf
HISTORY
- 01/12/10 House: Prefiled and ordered printed; offered 01/13/10 10103775D
- 01/12/10 House: Referred to Committee on Commerce and Labor
- 01/21/10 House: Reported from Commerce and Labor (22-Y 0-N)
- 01/25/10 House: Read first time
- 01/26/10 House: Read second time and engrossed
- 01/27/10 House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
- 01/27/10 House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
- 01/28/10 Senate: Constitutional reading dispensed
- 01/28/10 Senate: Referred to Committee on Commerce and Labor
- 02/22/10 Senate: Reported from Commerce and Labor with substitute (15-Y 0-N)
- 02/22/10 Senate: Committee substitute printed 10105452D-S1
- 02/24/10 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/25/10 Senate: Read third time
- 02/25/10 Senate: Reading of substitute waived
- 02/25/10 Senate: Committee substitute agreed to 10105452D-S1
- 02/25/10 Senate: Engrossed by Senate - committee substitute HB533S1
- 02/25/10 Senate: Passed Senate with substitute (40-Y 0-N)
- 02/26/10 House: Placed on Calendar
- 03/01/10 House: Senate substitute agreed to by House 10105452D-S1 (99-Y 0-N)
- 03/01/10 House: VOTE: --- ADOPTION (99-Y 0-N)
- 03/09/10 House: Enrolled
- 03/09/10 House: Bill text as passed House and Senate (HB533ER)
- 03/09/10 House: Signed by Speaker
- 03/11/10 Senate: Signed by President
- 04/11/10 Governor: Approved by Governor-Chapter 514 (effective 7/1/10)
- 04/11/10 Governor: Acts of Assembly Chapter text (CHAP0514)