Virginia House Bill 666 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2008 - 25% progression, died in chamber
Action: 2008-02-12 - House: Left in Commerce and Labor

Utility Transfers Act; investor-owned electric utilities. Prohibits the State Corporation Commission from approving an application by an investor-owned electric utility that was, as of July 1, 1999, bound by a rate case settlement adopted by the Commission that extended in its application beyond January 1, 2002, for authority to acquire assets or securities of an electric utility that divested its generation assets with approval of the Commission pursuant to § 56-590 prior to January 1, 2002, if the acquisition is likely to result in an increase in the rates of any investor-owned electric utility.

Utility Transfers Act; prohibits SCC from approving an application by an investor-owned elec. util.

Del. Robert Marshall [R]

Date	Chamber	Action
2008-02-12		House: Left in Commerce and Labor
2008-01-08		House: Referred to Committee on Commerce and Labor
2008-01-08		House: Prefiled and ordered printed; offered 01/09/08 080059616

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?081+sum+HB666