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2020 SPECIAL SESSION I

Regular Calendar

Senate Bills on Third Reading

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S.B. 5118. A BILL to require certain utilities to develop an Emergency Debt Repayment Plan. 20201077D

Patrons--McClellan, Favola and Hashmi; Delegate: Carr

Reported from Committee on Commerce and Labor with substitute (8-Y 5-N 1-A)

YEAS--Saslaw, Lucas, Edwards, Barker, Ebbin, Surovell, Mason, Bell--8.

NAYS--Norment, Newman, Spruill, Marsden, Lewis--5.

ABSTENTIONS--Deeds--1.

Rereferred to the Committee on Finance and Appropriations

Reported from Committee on Finance and Appropriations with amendments (12-Y 1-N 2-A)

YEAS--Howell, Saslaw, Norment, Hanger, Lucas, Newman, Barker, Edwards, Locke, Marsden, Ebbin, McClellan--12.

NAYS--Ruff--1.

ABSTENTIONS--Deeds, Petersen--2.

Committee substitute adopted by Senate September 15, 2020

Committee amendments adopted by Senate September 15, 2020

AMENDMENT(S) PROPOSED BY THE SENATE

FINANCE AND APPROPRIATIONS

    1. At the beginning of line 43, substitute
      insert
        The Commission shall allow for the timely recovery of bad debt obligations, reasonable late payment fees suspended, and prudently incurred implementation costs resulting from an EDRP for jurisdictional utilities, including through a rate adjustment clause or through base rates. The Commission may apply any applicable earnings test in the Commission rules governing utility rate applications and annual informational filings when assessing the recovery of such costs.

FINANCE AND APPROPRIATIONS

    2. Line 57, substitute, after provide
      insert
        , upon request,

FINANCE AND APPROPRIATIONS

    3. Line 64, substitute, after report
      strike
        the remainder of line 64, all of line 65, and through 2021 on line 66
      insert
        within 30 days of a request by the chairs of such committees

         

FINANCE AND APPROPRIATIONS

    4. Line 67, substitute, after than
      strike
        November 20, 2020
      insert
        January 1, 2021