Key Votes
H Sub to Sub SB 1416 - Regulation of Electric Utilities - Key Vote
Virginia Key Votes
Stages
- April 4, 2007 House Amendment Adopted
- April 4, 2007 Senate Amendment Adopted
- Feb. 22, 2007 Senate Bill Passed
- Feb. 21, 2007 House Bill Passed
- Feb. 19, 2007 Introduced
Family
Issues
Stage Details
Legislation - Amendment Adopted (House) (83-15) - April 4, 2007
Note:
NOTE: THIS IS A VOTE TO APPROVE THE GOVERNOR'S AMENDMENT(S) TO THE LEGISLATION. IF THE LEGISLATURE ACCEPTS THE ENTIRETY OF THE GOVERNOR'S RECOMMENDATION(S), THE LEGISLATION BECOMES LAW. IF THE LEGISLATURE REJECTS THE RECOMMENDATION (IN WHOLE OR IN PART), THE GOVERNOR CAN SUBSEQUENTLY ELECT TO SIGN OR VETO THE LEGISLATION.
Legislation - Amendment Adopted (Senate) (37-2) - April 4, 2007
Note:
NOTE: THIS IS A VOTE TO ADOPT AN AMENDMENT RECOMMENDED BY THE GOVERNOR.
Legislation - Bill Passed (Senate) (35-3) - Feb. 22, 2007
Legislation - Bill Passed (House) (82-16) - Feb. 21, 2007 (Key vote)
Title: Regulation of Electric Utilities
Vote Smart's Synopsis:
Vote to pass a bill that regulates electric utility rates.
Highlights:
-Requires utilities to charge "just and reasonable rates" [sec. 1(54-235.2)(A)].
-Caps rate increases at four percent in 2008 and 2009 [sec. 1(56-249.6)(C)].
-Removes rate cap in 2010, allowing utilities to make up loses due to the rate cap [sec. 1(56-249.6)(C)].
-Requires the State Corporation Commission (SCC) to determine acceptable rates in biennial reviews, the first of which will be held in 2011 [sec. 1(56-585.1) (A)].
-Repeals requirements placed on the SCC to facilitated competition (sec. 2).
Note:
NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.
Legislation - Introduced (House) - Feb. 19, 2007
Title: Regulation of Electric Utilities
Committee Sponsors
- Commerce and Labor (Sponsor)
