VA HB2738 | 2019 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Enrolled on February 19 2019 - 75% progression
Action: 2019-02-21 - Governor: Governor's Action Deadline Midnight, March 25, 2019
Text: Latest bill text (Enrolled) [HTML]

Summary

Public utilities; acquisition of rights-of-way for economic development sites. Authorizes a public utility providing water, sewer, electric, or natural gas service to propose an Economic Development Program (Program) under which it may acquire utility right-of-way for one or more qualified economic development sites. A proposal for a Program is required to include an analysis of how acquiring the rights-of-way will enhance the Commonwealth's infrastructure and promote the Commonwealth's competitive business environment by improving the readiness of a qualified economic development site. The measure establishes criteria for the Virginia Economic Development Partnership Authority to certify that a site is a qualified economic development site. The State Corporation Commission (SCC) is authorized to approve a proposal for a Program that satisfies certain conditions, including findings that (i) implementation of the Program will provide significant economic development benefits that might not otherwise be attained absent its approval and (ii) the Program is designed only to acquire utility rights-of-way to a qualified economic development site and not to provide service to other customers or potential customers. A utility's capital investment is capped at one percent of gross plant investment in the aggregate of all of the utility's Programs and at $5 million for any specific qualified economic development site. This bill is identical to SB 1695.

Tracking Information

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Title

Public utilities; acquisition of rights-of-way for economic development sites.

Sponsors


Roll Calls

2019-02-14 - Senate - Senate: Passed Senate (37-Y 3-N) (Y: 37 N: 3 NV: 0 Abs: 0) [PASS]
2019-02-13 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2019-02-11 - Senate - Senate: Reported from Commerce and Labor (13-Y 0-N) (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]
2019-02-05 - House - House: VOTE: PASSAGE (85-Y 13-N) (Y: 85 N: 13 NV: 1 Abs: 0) [PASS]
2019-01-31 - House - House: Reported from Commerce and Labor with substitute (19-Y 1-N) (Y: 19 N: 1 NV: 1 Abs: 1) [PASS]

History

DateChamberAction
2019-02-21 Governor: Governor's Action Deadline Midnight, March 25, 2019
2019-02-21HouseEnrolled Bill communicated to Governor on February 21, 2019
2019-02-20SenateSigned by President
2019-02-19HouseSigned by Speaker
2019-02-19HouseBill text as passed House and Senate (HB2738ER)
2019-02-19HouseEnrolled
2019-02-14SenatePassed Senate (37-Y 3-N)
2019-02-14SenateRead third time
2019-02-13SenateConstitutional reading dispensed (39-Y 0-N)
2019-02-11SenateReported from Commerce and Labor (13-Y 0-N)
2019-02-06SenateReferred to Committee on Commerce and Labor
2019-02-06SenateConstitutional reading dispensed
2019-02-05HouseVOTE: PASSAGE (85-Y 13-N)
2019-02-05HouseRead third time and passed House (85-Y 13-N)
2019-02-04HouseEngrossed by House - committee substitute HB2738H1
2019-02-04HouseCommittee substitute agreed to 19105626D-H1
2019-02-04HouseRead second time
2019-02-03HouseRead first time
2019-01-31HouseCommittee substitute printed 19105626D-H1
2019-01-31HouseReported from Commerce and Labor with substitute (19-Y 1-N)
2019-01-16HouseReferred to Committee on Commerce and Labor
2019-01-16HousePresented and ordered printed 19104165D

Virginia State Sources


Bill Comments

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