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2018 SESSION

• | print version

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

• Senate 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)