VA HB1475 | 2015 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 17 2015 - 100% progression
Action: 2015-03-17 - Governor: Acts of Assembly Chapter text (CHAP0231)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 17 2015 - 100% progression
Action: 2015-03-17 - Governor: Acts of Assembly Chapter text (CHAP0231)
Text: Latest bill text (Chaptered) [HTML]
Summary
Natural gas utilities; recovery of system expansion infrastructure costs. Establishes a procedure under which a natural gas utility may seek State Corporation Commission (SCC) approval of a system expansion plan that includes, among other things, a schedule for recovery of eligible system expansion infrastructure costs through a system expansion rider and a methodology for deferral of unrecovered eligible system expansion costs. A system expansion plan and system expansion rider shall allocate and charge costs in accordance with cost causation principles in order to avoid any undue cross-subsidization between rate classes. The SCC is barred from examining other revenue requirement or ratemaking issues in its consideration of the natural gas utility's application. Costs recovered under this measure shall be in addition to all other costs that the natural gas utility is permitted to recover, shall not be considered an offset to other approved costs of service or revenue requirements, and shall not be included in any computation relative to a performance-based regulation plan revenue-sharing mechanism. The measure does not apply to interstate pipeline companies regulated by the Federal Energy Regulatory Commission. Construction projects undertaken pursuant to this measure are required to be completed in accordance with standards filed with the Department of Environmental Quality.
Title
Natural gas utilities; recovery and deferral of system expansion infrastructure costs.
Sponsors
| Del. Lee Ware [R] |
Roll Calls
2015-02-19 - Senate - Senate: Passed Senate (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2015-02-18 - Senate - Senate: Constitutional reading dispensed (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2015-02-16 - Senate - Senate: Reported from Commerce and Labor (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2015-01-28 - House - House: VOTE: PASSAGE (95-Y 2-N) (Y: 96 N: 3 NV: 3 Abs: 0) [PASS]
2015-01-22 - House - House: Reported from Commerce and Labor with substitute (21-Y 0-N) (Y: 22 N: 0 NV: 1 Abs: 0) [PASS]
2015-02-18 - Senate - Senate: Constitutional reading dispensed (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2015-02-16 - Senate - Senate: Reported from Commerce and Labor (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2015-01-28 - House - House: VOTE: PASSAGE (95-Y 2-N) (Y: 96 N: 3 NV: 3 Abs: 0) [PASS]
2015-01-22 - House - House: Reported from Commerce and Labor with substitute (21-Y 0-N) (Y: 22 N: 0 NV: 1 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2015-03-17 | Governor: Acts of Assembly Chapter text (CHAP0231) | |
| 2015-03-17 | Governor: Approved by Governor-Chapter 231 (effective 7/1/15) | |
| 2015-02-26 | Governor: Governor's Action Deadline Midnight, Sunday, March 29, 2015 | |
| 2015-02-26 | House | Enrolled Bill communicated to Governor on 2/26/15 |
| 2015-02-26 | Senate | Signed by President |
| 2015-02-25 | House | Signed by Speaker |
| 2015-02-24 | House | Bill text as passed House and Senate (HB1475ER) |
| 2015-02-24 | House | Enrolled |
| 2015-02-19 | Senate | Passed Senate (38-Y 0-N) |
| 2015-02-19 | Senate | Read third time |
| 2015-02-18 | Senate | Constitutional reading dispensed (38-Y 0-N) |
| 2015-02-16 | Senate | Reported from Commerce and Labor (15-Y 0-N) |
| 2015-01-29 | Senate | Referred to Committee on Commerce and Labor |
| 2015-01-29 | Senate | Constitutional reading dispensed |
| 2015-01-28 | House | VOTE: PASSAGE (95-Y 2-N) |
| 2015-01-28 | House | Read third time and passed House (95-Y 2-N) |
| 2015-01-27 | House | Engrossed by House - committee substitute HB1475H1 |
| 2015-01-27 | House | Committee substitute agreed to 15104079D-H1 |
| 2015-01-27 | House | Read second time |
| 2015-01-26 | House | Read first time |
| 2015-01-22 | House | Committee substitute printed 15104079D-H1 |
| 2015-01-22 | House | Reported from Commerce and Labor with substitute (21-Y 0-N) |
| 2015-01-02 | House | Referred to Committee on Commerce and Labor |
| 2015-01-02 | House | Prefiled and ordered printed; offered 01/14/15 15101914D |
Same As/Similar To
SB1163 (Same As) 2015-02-26 - Governor: Acts of Assembly Chapter text (CHAP0028)
