SEARCH SITE

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

2023 SESSION

House Bills with Recommendations by the Governor

prev | next | current | calendar

H.B. 1777. An Act to amend and reenact §§ 56-585.1 and 56-597 of the Code of Virginia and to amend the Code of Virginia by adding sections numbered 56-249.6:1 and 56-585.8, relating to Phase I Utilities; deferred fuel costs; biennial reviews.

Patrons--O'Quinn and Williams; Senators: Hackworth and Pillion

Passed the House of Delegates February 7, 2023 (83-Y 16-N)

Senate substitute agreed to by House February 23, 2023 (84-Y 5-N)

GOVERNOR'S RECOMMENDATION

 

    1. Line 122, enrolled, after utility
      strike
        which
      insert
        that
    2. Line 255, enrolled, after sale
      insert
        , [a comma]
    3. Line 384, enrolled, after section
      strike
        which
      insert
        that

        4. Line 431, enrolled, after utility

      strike
        for the entire period between July 1, 2021, and June 30, 2023
      insert
        , or that purchased electric energy from the electric utility pursuant to a Commission-approved market-based tariff, during the period when the deferred fuel costs to be financed were incurred. Such exemption shall be prorated to the extent an otherwise exempt retail customer purchased electric energy from the electric utility, in which case the retail customer shall be responsible for its pro rata share of deferred fuel cost charges authorized under a financing order
    5. Line 458, enrolled, after assignee
      insert
        ; [a semicolon]
    6. Line 1044, enrolled, after by
      strike
        a

        7. Line 1300, enrolled, after Utility

      insert
        along with the potential impact on the purchase of power from generation assets outside the Virginia jurisdiction used to serve the utility's native load
    8. Line 1330, enrolled, after on
      strike
        the remainder of line 1330
      insert
        factors that may include
    9. Line 1331, enrolled, after utility
      strike
        the remainder of line 1331 and through compared to on line 1332
      insert
        . Any such adjustment to the combined rate of return for generation and distribution services shall include consideration of
    10. Line 1366, enrolled, after review.
      insert
        For the purposes of determining any amount of costs that are associated with severe weather events, the Commission shall consider nationally recognized standards such as those published by the Institute of Electrical and Electronics Engineers (IEEE).
    11. Line 1426, enrolled, after satisfy
      strike
        its
      insert
        such customer's
    12. Line 1427, enrolled, after on
      strike
        its
      insert
        such customer's
    13. Line 1441, enrolled, after 2027.
      strike
        Until
      insert
        Beginning January 1, 2024, and until