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2023 SESSION

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SB 1420 Business park electric infrastructure program; makes permanent and amends certain provisions.

Introduced by: Todd E. Pillion | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED SENATE: (all summaries)

Business park electric infrastructure program. Makes permanent and amends certain provisions of the Code related to the business park electric infrastructure program conducted by the Virginia Economic Development Partnership. The bill requires that the program be conducted in the service territory or transmission zone of each Phase I and Phase II Utility and permits costs incurred by the utility in installing the business park electric infrastructure to be recovered pursuant to a rate adjustment clause approved by the State Corporation Commission. The bill also requires a utility to obtain a certificate from the Commission prior to constructing business park electric infrastructure and requires the Commission to institute a rulemaking proceeding by September 1, 2023, to establish requirements for the program. This bill is identical to HB 1776.

FULL TEXT

• 01/11/23  Senate: Prefiled and ordered printed; offered 01/11/23 23102041D  pdf | impact statement
• 01/23/23  Senate: Committee substitute printed 23104668D-S1  pdf
• 02/22/23  Senate: Bill text as passed Senate and House (SB1420ER)  pdf | impact statement
• 03/27/23  Governor: Acts of Assembly Chapter text (CHAP0705)  pdf

AMENDMENTS

• Senate subcommittee amendments and substitutes offered

HISTORY

• 01/11/23  Senate: Prefiled and ordered printed; offered 01/11/23 23102041D
• 01/11/23  Senate: Referred to Committee on Commerce and Labor
• 01/16/23  Senate: Assigned C&L sub: Energy
• 01/23/23  Senate: Reported from Commerce and Labor with substitute (13-Y 0-N)
• 01/23/23  Senate: Rereferred to Finance and Appropriations
• 01/23/23  Senate: Committee substitute printed 23104668D-S1
• 02/02/23  Senate: Reported from Finance and Appropriations (16-Y 0-N)
• 02/03/23  Senate: Constitutional reading dispensed (38-Y 0-N)
• 02/06/23  Senate: Read second time
• 02/06/23  Senate: Reading of substitute waived
• 02/06/23  Senate: Committee substitute agreed to 23104668D-S1
• 02/06/23  Senate: Engrossed by Senate - committee substitute SB1420S1
• 02/06/23  Senate: Constitutional reading dispensed (39-Y 0-N)
• 02/06/23  Senate: Passed Senate (39-Y 0-N)
• 02/10/23  House: Placed on Calendar
• 02/10/23  House: Read first time
• 02/10/23  House: Referred to Committee on Commerce and Energy
• 02/14/23  House: Reported from Commerce and Energy (20-Y 0-N)
• 02/16/23  House: Read second time
• 02/17/23  House: Read third time
• 02/17/23  House: Passed House BLOCK VOTE (99-Y 0-N)
• 02/17/23  House: VOTE: Block Vote Passage (99-Y 0-N)
• 02/22/23  Senate: Enrolled
• 02/22/23  Senate: Bill text as passed Senate and House (SB1420ER)
• 02/22/23  House: Signed by Speaker
• 02/23/23  Senate: Signed by President
• 03/02/23  Senate: Enrolled Bill Communicated to Governor on March 2, 2023
• 03/02/23  Governor: Governor's Action Deadline 11:59 p.m., March 27, 2023
• 03/27/23  Governor: Approved by Governor-Chapter 705 (effective 7/1/23)
• 03/27/23  Governor: Acts of Assembly Chapter text (CHAP0705)