Virginia House Bill 588 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 11 2022 - 25% progression, died in chamber
Action: 2022-01-25 - Stricken from docket by Commerce and Energy (20-Y 0-N)
Text: Latest bill text (Prefiled) [HTML]

Electric utilities; adjustment of rates. Provides that if the State Corporation Commission (the Commission) determines that the regulation of rates of investor-owned incumbent electric utilities under certain procedures of the Virginia Electric Utility Regulation Act results in rates that are not just and reasonable, then the Commission may, in any triennial review, adjust such rates to ensure that such rates (i) are just and reasonable and (ii) provide the utility the opportunity to recover its costs and earn its authorized rate of return.

Electric utilities; adjustment of rates.

Del. Sally Hudson [D]

2022-01-25 - House - House: Stricken from docket by Commerce and Energy (20-Y 0-N) (Y: 20 N: 0 NV: 0 Abs: 2) [PASS]

Date	Chamber	Action
2022-01-25	House	Stricken from docket by Commerce and Energy (20-Y 0-N)
2022-01-24	House	Assigned sub: Subcommittee #1
2022-01-11	House	Referred to Committee on Commerce and Energy
2022-01-11	House	Prefiled and ordered printed; offered 01/12/22 22104145D

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?221+sum+HB588
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+HB588+hil
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?221+oth+HB588F171+PDF
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+H23V0008+HB0588