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2024 SESSION

• | print version

SB 454 Electric utilities; recovery of development costs associated with small modular reactor.

Introduced by: David W. Marsden | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Electric utilities; recovery of development costs associated with small modular reactor. Permits Dominion Energy Virginia to petition the State Corporation Commission at any time for the approval of a rate adjustment clause for the recovery of small modular reactor project development costs for up to one small modular reactor facility. The bill also permits the utility to petition the Commission for project development cost recovery along separate development phases. The bill has an expiration date of December 31, 2029.

FULL TEXT

• 01/09/24  Senate: Prefiled and ordered printed; offered 01/10/24 24104921D  pdf | impact statement
• 02/09/24  Senate: Committee substitute printed 24106520D-S1  pdf | impact statement
• 02/27/24  House: Committee substitute printed 24108309D-H1  pdf | impact statement
• 03/25/24  Senate: Bill text as passed Senate and House (SB454ER)  pdf | impact statement
• 04/08/24  Senate: Governor's substitute printed 24109376D-S2  pdf
• 04/17/24  Senate: Reenrolled bill text (SB454ER2)  pdf

AMENDMENTS

• House committee, floor amendments and substitutes offered
• Senate committee, floor amendments and substitutes offered
• House amendments adopted
• House amendments engrossed
• Governor's recommendation

HISTORY

• 01/09/24  Senate: Prefiled and ordered printed; offered 01/10/24 24104921D
• 01/09/24  Senate: Referred to Committee on Commerce and Labor
• 02/09/24  Senate: Reported from Commerce and Labor with substitute (8-Y 7-N)
• 02/09/24  Senate: Committee substitute printed 24106520D-S1
• 02/09/24  Senate: Constitutional reading dispensed (39-Y 0-N)
• 02/12/24  Senate: Read second time
• 02/12/24  Senate: Reading of substitute waived
• 02/12/24  Senate: Committee substitute agreed to 24106520D-S1
• 02/12/24  Senate: Engrossed by Senate - committee substitute SB454S1
• 02/13/24  Senate: Read third time and passed Senate (20-Y 16-N)
• 02/16/24  House: Placed on Calendar
• 02/16/24  House: Read first time
• 02/16/24  House: Referred to Committee on Labor and Commerce
• 02/27/24  House: Reported from Labor and Commerce with substitute (14-Y 7-N)
• 02/27/24  House: Committee substitute printed 24108309D-H1
• 02/29/24  House: Read second time
• 03/01/24  House: Passed by for the day
• 03/04/24  House: Passed by for the day
• 03/05/24  House: Passed by for the day
• 03/06/24  House: Read third time
• 03/06/24  House: Committee on Labor and Commerce substitute rejected 24108309D-H1
• 03/06/24  House: Passed by temporarily
• 03/06/24  House: Amendments by Delegate Mundon King agreed to
• 03/06/24  House: Motion to rerefer to committee on Labor and Commerce by Delegate Ware rejected
• 03/06/24  House: Passed House with amendments (52-Y 44-N 1-A)
• 03/06/24  House: VOTE: Passage (52-Y 44-N 1-A)
• 03/07/24  Senate: House amendments agreed to by Senate (26-Y 14-N)
• 03/25/24  Senate: Enrolled
• 03/25/24  Senate: Bill text as passed Senate and House (SB454ER)
• 03/25/24  Senate: Signed by President
• 03/26/24  House: Signed by Speaker
• 03/27/24  Senate: Enrolled Bill Communicated to Governor on March 27, 2024
• 03/27/24  Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
• 04/08/24  Senate: Governor's recommendation received by Senate
• 04/08/24  Senate: Governor's substitute printed 24109376D-S2
• 04/17/24  Senate: Senate concurred in Governor's recommendation (27-Y 13-N)
• 04/17/24  House: House concurred in Governor's recommendation (68-Y 27-N 1-A)
• 04/17/24  House: VOTE: Adoption (68-Y 27-N 1-A)
• 04/17/24  Governor: Governor's recommendation adopted
• 04/17/24  Senate: Reenrolled
• 04/17/24  Senate: Reenrolled bill text (SB454ER2)
• 04/17/24  Senate: Signed by President as reenrolled
• 04/17/24  House: Signed by Speaker as reenrolled
• 04/17/24  House: Enacted, Chapter 789 (effective 7/1/24)