VA HB477 | 2010 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Introduced on January 12 2010 - 25% progression, died in chamber
Action: 2010-02-04 - House: Tabled in Commerce and Labor by voice vote
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 12 2010 - 25% progression, died in chamber
Action: 2010-02-04 - House: Tabled in Commerce and Labor by voice vote
Text: Latest bill text (Prefiled) [HTML]
Summary
Electric utilities; limit on increases in base rates. Limits any increase in the base rates charged by an investor-owned incumbent electric utility to five percent if the unemployment rate within the utility's service territory exceeds five percent. If this limitation would result in confiscatory rates, the State Corporation Commission may increase such base rates only by the amount that is required to avoid such confiscation. The measure applies to any base rate review initiated on or after July 1, 2010.
Title
Electric utilities; limit on increases in base rates.
Sponsors
| Sen. Charles Carrico [R] | Del. Joseph Johnson [D] | Del. Daniel Marshall [R] | Del. Donald Merricks [R] |
| Del. Charles Poindexter [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2010-02-04 | House: Tabled in Commerce and Labor by voice vote | |
| 2010-01-29 | House: Assigned C & L sub: #3 Special Subcommittee on Energy | |
| 2010-01-12 | House: Referred to Committee on Commerce and Labor | |
| 2010-01-12 | House: Prefiled and ordered printed; offered 01/13/10 10100695D |
Virginia State Sources
| Type | Source |
|---|---|
| Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?101+sum+HB477 |
| Text | https://lis.virginia.gov/cgi-bin/legp604.exe?101+ful+HB477+hil |
