Virginia 2022 Regular Session Status: In Committee

HB 723 — Electric cooperatives; elections for board of directors, access to meetings, required disclosures.

Last action — Left in Commerce and Energy

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House of Delegates
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2022 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Electric cooperatives; board of directors; accessto meetings; required disclosures. Requires that each Virginiaelectric cooperative hold direct elections for its board of directors,either in person or by mail, or by electronic communication meansif authorized by its articles of incorporation, and prohibits proxyvoting. The bill requires that meetings of the board of directorsbe open to members of the cooperative, viewable both in person andthrough online streaming, and that recordings of the meetings beposted on an official website for viewing by members of the cooperative,with certain exceptions for confidential matters. Thebill also requires the board of directors of an electric cooperativeto make certain disclosures to its members annually. These disclosuresmust include the cooperative's position on legislative and regulatoryissues, the amount of money spent on lobbying by the cooperative,and the names of lobbying organizations that the cooperative supportsand be posted online or distributed through a member publication.

Bill Text

Action History

  1. Left in Commerce and Energy

  2. Impact statement from SCC (HB723)

  3. Referred to Committee on Commerce and Energy

  4. Prefiled and ordered printed; offered 01/12/22 22101677D

Sponsors

Sponsorship breakdown

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1 sponsors · 5 co-sponsors · 142 not signed on

Sponsors (1)

Not signed on (142)

142 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Votes

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Frequently asked questions

What does HB 723 do?
Electric cooperatives; board of directors; accessto meetings; required disclosures. Requires that each Virginiaelectric cooperative hold direct elections for its board of directors,either in person or by mail, or by electronic communication meansif authorized by its articles of incorporation, and prohibits proxyvoting. The bill requires that meetings of the board of directorsbe open to members of the cooperative, viewable both in person andthrough online streaming, and that recordings of the meetings beposted on an official website for viewing by members of the cooperative,with certain exceptions for confidential matters. Thebill also requires the board of directors of an electric cooperativeto make certain disclosures to its members annually. These disclosuresmust include the cooperative's position on legislative and regulatoryissues, the amount of money spent on lobbying by the cooperative,and the names of lobbying organizations that the cooperative supportsand be posted online or distributed through a member publication.
Who sponsors HB 723?
HB 723 is sponsored by Sam Rasoul, Patrick A. Hope, Danica A. Roem, Shelly A. Simonds, Kory, Kaye, and Gooditis, Wendy W..
What is the current status of HB 723?
This bill died with 2022 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 723?
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