Virginia 2022 Regular Session Status: In Committee

HB 588 — Electric utilities; adjustment of rates.

Last action — Stricken from docket by Commerce and Energy (20-Y 0-N)

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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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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 utilities; adjustment of rates.Provides that if the State Corporation Commission (the Commission)determines that the regulation of rates of investor-owned incumbentelectric utilities under certain procedures of the Virginia ElectricUtility Regulation Act results in rates that are not just and reasonable,then the Commission may, in any triennial review, adjust such ratesto ensure that such rates (i) are just and reasonable and (ii) providethe utility the opportunity to recover its costs and earn its authorizedrate of return.

Bill Text

Action History

  1. Stricken from docket by Commerce and Energy (20-Y 0-N)

  2. Assigned sub: Subcommittee #1

  3. Impact statement from SCC (HB588)

  4. Referred to Committee on Commerce and Energy

  5. Prefiled and ordered printed; offered 01/12/22 22104145D

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 147 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (147)

147 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.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Stricken from docket by Commerce and Energy (20-Y 0-N)

Passed 20 Yea · 0 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 20002
Total 20002
% of votes cast 91%0%0%9%
How each member voted (22)
Member Party Vote
Adams, Les R. — Yea
Alfonso H. Lopez — Yea
Batten, Amanda E. — Yea
Byron, Kathy J. — Yea
Christopher T. Head — Yea
Don Scott — Yea
Gooditis, Wendy W. — Yea
Guzman, Elizabeth R. — Yea
Israel D. O'Quinn — Yea
Jeion A. Ward — Not Voting
Joseph P. McNamara — Yea
Keam, Mark L. — Yea
Kory, Kaye — Not Voting
Lamont Bagby — Yea
Marshall, Daniel W., III — Yea
Michael J. Webert — Yea
Mullin, Michael P. — Yea
R. Lee Ware — Yea
Ransone, Margaret B. — Yea
Richard C. "Rip" Sullivan, Jr. — Yea
Terry G. Kilgore — Yea
Tony O. Wilt — Yea

Official roll call →

Subjects

public-safety energy
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 588 do?
Electric utilities; adjustment of rates.Provides that if the State Corporation Commission (the Commission)determines that the regulation of rates of investor-owned incumbentelectric utilities under certain procedures of the Virginia ElectricUtility Regulation Act results in rates that are not just and reasonable,then the Commission may, in any triennial review, adjust such ratesto ensure that such rates (i) are just and reasonable and (ii) providethe utility the opportunity to recover its costs and earn its authorizedrate of return.
Who sponsors HB 588?
HB 588 is sponsored by Hudson, Sally L..
What is the current status of HB 588?
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 588?
Track HB 588 free on One Click Politics — get push/email alerts when it moves.

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