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2018 SESSION
SB 922 Electric utilities; rates and tariffs.
Introduced by: A. Benton "Ben" Chafin | all patrons ... notes | add to my profiles
SUMMARY AS PASSED SENATE: (all summaries)
Electric utilities; rates and tariffs. Directs the State Corporation Commission to exclude any debt associated with an electric utility's securitized bonds that are the obligation of non-Virginia jurisdictional customers from the capital structure and cost of capital of the utility when regulating its rates, terms, and conditions of service. The measure also authorizes a utility to request an adjustment to a tariff that is revenue neutral to the utility during a biennial filing that does not result in an overall rate change.
FULL TEXT
- 01/19/18 Senate: Presented and ordered printed 18102900D pdf | impact statement
- 02/08/18 Senate: Printed as engrossed 18102900D-E pdf | impact statement
- 03/06/18 Senate: Bill text as passed Senate and House (SB922ER) pdf | impact statement
- 04/06/18 Governor: Acts of Assembly Chapter text (CHAP0795) pdf
AMENDMENTS
HISTORY
- 01/19/18 Senate: Presented and ordered printed 18102900D
- 01/19/18 Senate: Referred to Committee on Commerce and Labor
- 02/02/18 Senate: Assigned C&L sub: Electric Utility
- 02/05/18 Senate: Reported from Commerce and Labor with amendments (12-Y 0-N)
- 02/07/18 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/08/18 Senate: Read second time
- 02/08/18 Senate: Reading of amendments waived
- 02/08/18 Senate: Committee amendments agreed to
- 02/08/18 Senate: Engrossed by Senate as amended SB922E
- 02/08/18 Senate: Printed as engrossed 18102900D-E
- 02/09/18 Senate: Read third time and passed Senate (39-Y 0-N)
- 02/14/18 House: Placed on Calendar
- 02/14/18 House: Read first time
- 02/14/18 House: Referred to Committee on Commerce and Labor
- 02/27/18 House: Reported from Commerce and Labor (21-Y 1-N)
- 03/01/18 House: Read second time
- 03/02/18 House: Read third time
- 03/02/18 House: Passed House (91-Y 5-N 1-A)
- 03/02/18 House: VOTE: PASSAGE (91-Y 5-N 1-A)
- 03/06/18 Senate: Enrolled
- 03/06/18 Senate: Bill text as passed Senate and House (SB922ER)
- 03/06/18 House: Signed by Speaker
- 03/09/18 Senate: Signed by President
- 03/15/18 Senate: Enrolled Bill Communicated to Governor on March 15, 2018
- 03/15/18 Governor: Governor's Action Deadline Midnight, April 9, 2018
- 04/06/18 Governor: Approved by Governor-Chapter 795 (effective 7/1/18)
- 04/06/18 Governor: Acts of Assembly Chapter text (CHAP0795)