VirginiaElectric utilities; performance-based regulatory framework.
What it does
Electric utilities; performance-based regulation; work group; report. Directs the State Corporation Commission to independently consider whether elements of an effective performance-based regulatory framework to evaluate and potentially improve electric utility performance and cost control incentives in the Commonwealth are in the public interest and to develop related legislative recommendations. The bill requires the Commission to include its findings and recommendations in a report required by existing law by July 1, 2027.
More detail
As introduced, this bill was a recommendation of the Commission on Electric Utility Regulation. This bill is identical to HB 903.
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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
- Apr 13Acts of Assembly Chapter text (CHAP0702)Latest
- Apr 13Approved by Governor Abigail Spanberger-Chapter 702 (effective 7/1/2026)Became Law
- Apr 6Fiscal Impact Statement from State Corporation Commission (SB251)
- Mar 31Governor's Action Deadline 11:59 p.m., April 13, 2026To Governor
- Mar 31Enrolled Bill communicated to Governor on March 31, 2026Minor
- Mar 31Signed by SpeakerMajor
- Mar 30Signed by PresidentMajor
- Mar 30Bill text as passed Senate and House (SB251ER)Major
- Mar 30EnrolledMinor
- Mar 12House amendment agreed to by Senate (23-Y 17-N 0-A)Major
- Vote recorded Concur House Amendment R. Result: pass.Upper
- Mar 11Passed House with amendment (62-Y 33-N 0-A)Passed House
- Vote recorded H VOTE:. Result: pass.Lower
- Mar 11Engrossed by House as amended
- Mar 11committee amendment agreed toMajor
- Mar 11Read third timeMinor
- Mar 11Moved from Uncontested Calendar to Regular Calendar
- Mar 10Read second timeMinor
- Mar 6Reported from Rules with amendment(s) (18-Y 0-N)Minor
- Vote recorded Reported from Rules with amendment(s). Result: pass.Lower
- Mar 2Subcommittee recommends reporting with amendment(s) (5-Y 0-N)
- Vote recorded Subcommittee recommends reporting with amendment(s). Result: pass.Lower
- Mar 1Assigned HRUL sub: Studies SubcommitteeMinor
- Feb 18Referred to Committee on RulesMinor
- Feb 18Read first timeMinor
- Feb 18Placed on Calendar
- Feb 13Read third time and passed Senate (23-Y 16-N 0-A)Passed Senate
- Vote recorded Passage R. Result: pass.Upper
- Feb 12Engrossed by Senate - committee substitute (Voice Vote)Major
- Feb 12Committee substitute agreed to (Voice Vote)Major
- Feb 12Read second timeMinor
- Feb 12Fiscal Impact Statement from State Corporation Commission (SB251)
- 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 26107513D-S1Major
- Feb 9Reported from Commerce and Labor with substitute (9-Y 4-N)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 (SB251)
- Jan 12Referred to Committee on Commerce and LaborMinor
- Jan 12Prefiled and ordered printed; Offered 01-14-2026 26104615DIntroduced