SB 922 — Electric utilities; rates and tariffs.
Last action — Enrolled
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✓Introduced
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✓In Committee
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3Passed Senate
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4Passed House of Delegates
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5To Executive
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6Enacted
This bill died with 2018 Regular Session. It reached “Passed Senate” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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
Directs the State Corporation Commission to exclude any debt associated with an electric utility's securitized bonds that are the obligation of non-Virginia jurisdictional customers from the capital structure and cost of capital of the utility when regulating its rates, terms, and conditions of service. The measure also authorizes a utility to request an adjustment to a tariff that is revenue neutral to the utility during a biennial filing that does not result in an overall rate change.
Bill Text
- Senate: Bill text as passed Senate and House (SB922ER) View text Current html March 06, 2018
- Engrossed Senate: Printed as engrossed 18102900D-E html February 08, 2018
- Senate: Presented and ordered printed 18102900D View text html January 19, 2018
Action History
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Enrolled
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Passed House (91-Y 5-N 1-A)
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Read third time
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Read second time
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Referred to Committee on Commerce and Labor
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Read first time
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Placed on Calendar
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Printed as engrossed 18102900D-E
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Engrossed by Senate as amended SB922E
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Committee amendments agreed to
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Reading of amendments waived
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Read second time
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Assigned C&L sub: Electric Utility
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Referred to Committee on Commerce and Labor
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Presented and ordered printed 18102900D
Sponsors
- A. Benton "Ben" Chafin · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 147 not signed on · 5 voted No
Sponsors (1)
- A. Benton "Ben" Chafin
Co-sponsors (0)
None.
Not signed on (147)
147 members have not signed on to this bill.
Show all 147 →"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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 91 | 5 | 0 | 0 |
| Total | 91 | 5 | 0 | 0 |
| % of votes cast | 95% | 5% | 0% | 0% |
How each member voted (96)
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Subjects
Frequently asked questions
- What does SB 922 do?
- Directs the State Corporation Commission to exclude any debt associated with an electric utility's securitized bonds that are the obligation of non-Virginia jurisdictional customers from the capital structure and cost of capital of the utility when regulating its rates, terms, and conditions of service. The measure also authorizes a utility to request an adjustment to a tariff that is revenue neutral to the utility during a biennial filing that does not result in an overall rate change.
- Who sponsors SB 922?
- SB 922 is sponsored by A. Benton "Ben" Chafin.
- What is the current status of SB 922?
- This bill died with 2018 Regular Session. It reached “Passed Senate” 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 SB 922?
- Track SB 922 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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