VirginiaElectric substation construction agreements; "electric cooperatives" or "cooperative", definitions.
What it does
Utility consumer services cooperatives; substation construction agreements. Permits an electric cooperative to enter into an agreement to construct a substation with a member receiving regulated electric service, with an electric demand of at least 20 megawatts during the most recent calendar year, that requires a point of interconnection with a transmission line system of 230 kilovolts or more. The bill provides that, upon final completion of a substation constructed under such an agreement, the member shall transfer ownership of such substation to the cooperative for the cooperative to operate and maintain at the member's sole expense.
More detail
Under the bill, the costs of acquisition, operation, or maintenance of such a substation shall be excluded from the cooperative's general and base rates and shall not be recovered from any other ratepayer. This bill is identical to HB 1191.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Mar 31Acts of Assembly Chapter text (CHAP0022)Latest
- Mar 31Approved by Governor Abigail Spanberger-Chapter 22 (effective 7/1/2026)Became Law
- Mar 10Governor's Action Deadline 11:59 p.m., April 13, 2026To Governor
- Mar 10Enrolled Bill communicated to Governor on March 10, 2026Minor
- Mar 9Fiscal Impact Statement from State Corporation Commission (SB377)
- Mar 4Signed by PresidentMajor
- Mar 4Signed by SpeakerMajor
- Mar 4Bill text as passed Senate and House (SB377ER)Major
- Mar 4EnrolledMinor
- Feb 27Passed House (96-Y 0-N 0-A)Passed House
- Vote recorded H VOTE:. Result: pass.Lower
- Feb 27Read third timeMinor
- Feb 26Read second timeMinor
- Feb 24Reported from Labor and Commerce (22-Y 0-N)Minor
- Vote recorded Reported from Labor and Commerce. Result: pass.Lower
- Feb 18Referred to Committee on Labor and CommerceMinor
- Feb 18Read first timeMinor
- Feb 18Placed on Calendar
- Feb 16Fiscal Impact Statement from State Corporation Commission (SB377)
- Feb 13Read third time and passed Senate (39-Y 0-N 0-A)Passed Senate
- Vote recorded Passage R. Result: pass.Upper
- Feb 12Engrossed by Senate - floor substitute (Voice Vote)
- Feb 12Senator Surovell Substitute agreed to
- Feb 12Reading of substitute waived (Voice Vote)
- Feb 12Floor offered Senator Surovell Substitute
- Feb 12Committee substitute rejected (Voice Vote)
- Feb 12Read second timeMinor
- Feb 12Floor substitute printed 26107668D-S2 (Surovell)
- Feb 11Passed by for the day Block Vote (Voice Vote)
- Vote recorded Constitutional reading dispensed R. Result: pass.Upper
- Feb 11Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
- Feb 11Rules suspended
- Feb 10Committee substitute printed 26107087D-S1Major
- Feb 9Reported from Commerce and Labor with substitute (12-Y 0-N 2-A)Minor
- Vote recorded Reported from Commerce and Labor with substitute. Result: pass.Upper
- Feb 9Senate committee offered
- Feb 3Fiscal Impact Statement from State Corporation Commission (SB377)
- Jan 13Referred to Committee on Commerce and LaborMinor
- Jan 13Prefiled and ordered printed; Offered 01-14-2026 26105247DIntroduced