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- Subject Index: Since 1995
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2015 SESSION
SB 1163 Natural gas utilities; recovery of system expansion infrastructure costs.
Introduced by: Richard L. Saslaw | all patrons ... notes | add to my profiles
SUMMARY AS PASSED SENATE: (all summaries)
Natural gas utilities; recovery of system expansion infrastructure costs. Establishes a procedure under which a natural gas utility may seek State Corporation Commission (SCC) approval of a system expansion plan that includes, among other things, a schedule for recovery of eligible system expansion infrastructure costs through a system expansion rider and a methodology for deferral of unrecovered eligible system expansion costs. A system expansion plan and system expansion rider shall allocate and charge costs in accordance with cost causation principles in order to avoid any undue cross-subsidization between rate classes. The SCC is barred from examining other revenue requirement or ratemaking issues in its consideration of the natural gas utility's application. Costs recovered under this measure shall be in addition to all other costs that the natural gas utility is permitted to recover, shall not be considered an offset to other approved costs of service or revenue requirements, and shall not be included in any computation relative to a performance-based regulation plan revenue-sharing mechanism. The measure does not apply to interstate pipeline companies regulated by the Federal Energy Regulatory Commission. Construction projects undertaken pursuant to this measure are required to be completed in accordance with standards filed with the Department of Environmental Quality. This bill is identical to HB 1475.
FULL TEXT
- 01/13/15 Senate: Prefiled and ordered printed; offered 01/14/15 15103029D pdf | impact statement
- 01/26/15 Senate: Committee substitute printed 15104080D-S1 pdf | impact statement
- 02/16/15 Senate: Bill text as passed Senate and House (SB1163ER) pdf | impact statement
- 02/26/15 Governor: Acts of Assembly Chapter text (CHAP0028) pdf
HISTORY
- 01/13/15 Senate: Prefiled and ordered printed; offered 01/14/15 15103029D
- 01/13/15 Senate: Referred to Committee on Commerce and Labor
- 01/26/15 Senate: Reported from Commerce and Labor with substitute (15-Y 0-N)
- 01/26/15 Senate: Committee substitute printed 15104080D-S1
- 01/28/15 Senate: Constitutional reading dispensed (38-Y 0-N)
- 01/29/15 Senate: Read second time
- 01/29/15 Senate: Reading of substitute waived
- 01/29/15 Senate: Committee substitute agreed to 15104080D-S1
- 01/29/15 Senate: Engrossed by Senate - committee substitute SB1163S1
- 01/30/15 Senate: Read third time and passed Senate (38-Y 0-N)
- 02/06/15 House: Placed on Calendar
- 02/06/15 House: Read first time
- 02/06/15 House: Referred to Committee on Commerce and Labor
- 02/10/15 House: Reported from Commerce and Labor (22-Y 0-N)
- 02/11/15 House: Read second time
- 02/12/15 House: Read third time
- 02/12/15 House: Passed House BLOCK VOTE (99-Y 0-N)
- 02/12/15 House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
- 02/16/15 Senate: Enrolled
- 02/16/15 Senate: Bill text as passed Senate and House (SB1163ER)
- 02/16/15 House: Signed by Speaker
- 02/19/15 Senate: Signed by President
- 02/20/15 Senate: Enrolled Bill Communicated to Governor on 2/20/15
- 02/20/15 Governor: Governor's Action Deadline Midnight, Friday, February 27, 2015
- 02/26/15 Governor: Approved by Governor-Chapter 28 (effective 7/1/15)
- 02/26/15 Governor: Acts of Assembly Chapter text (CHAP0028)