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- Subject Index: Since 1995
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Developed and maintained by the Division of Legislative Automated Systems.
2010 SESSION
SB 112 Steps to Advance Virginia's Energy Plan (SAVE) Act; created.
Introduced by: J. Chapman Petersen | all patrons ... notes | add to my profiles
SUMMARY AS PASSED SENATE: (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. HB 533 is identical.
FULL TEXT
- 01/06/10 Senate: Prefiled and ordered printed; offered 01/13/10 10101967D pdf | impact statement
- 02/01/10 Senate: Committee substitute printed 10104859D-S1 pdf | impact statement
- 03/01/10 Senate: Bill text as passed Senate and House (SB112ER) pdf | impact statement
- 03/11/10 Governor: Acts of Assembly Chapter text (CHAP0142) pdf
HISTORY
- 01/06/10 Senate: Prefiled and ordered printed; offered 01/13/10 10101967D
- 01/06/10 Senate: Referred to Committee on Commerce and Labor
- 02/01/10 Senate: Reported from Commerce and Labor with substitute (15-Y 0-N)
- 02/01/10 Senate: Committee substitute printed 10104859D-S1
- 02/03/10 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/04/10 Senate: Read second time
- 02/04/10 Senate: Reading of substitute waived
- 02/04/10 Senate: Committee substitute agreed to 10104859D-S1
- 02/04/10 Senate: Engrossed by Senate - committee substitute SB112S1
- 02/08/10 Senate: Read third time and passed Senate (40-Y 0-N)
- 02/16/10 House: Placed on Calendar
- 02/16/10 House: Read first time
- 02/16/10 House: Referred to Committee on Commerce and Labor
- 02/18/10 House: Reported from Commerce and Labor (22-Y 0-N)
- 02/22/10 House: Read second time
- 02/23/10 House: Read third time
- 02/23/10 House: Passed House BLOCK VOTE (99-Y 0-N)
- 02/23/10 House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
- 03/01/10 Senate: Enrolled
- 03/01/10 Senate: Bill text as passed Senate and House (SB112ER)
- 03/01/10 House: Signed by Speaker
- 03/02/10 Senate: Signed by President
- 03/11/10 Governor: Approved by Governor-Chapter 142 (effective 7/1/10)
- 03/11/10 Governor: Acts of Assembly Chapter text (CHAP0142)