VA SB643 | 2014 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on April 3 2014 - 100% progression
Action: 2014-04-03 - Governor: Acts of Assembly Chapter text (CHAP0550)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on April 3 2014 - 100% progression
Action: 2014-04-03 - Governor: Acts of Assembly Chapter text (CHAP0550)
Text: Latest bill text (Chaptered) [HTML]
Summary
Electric utilities; costs of offshore wind facilities. Limits the portion of all costs incurred by an electric utility between July 1, 2007, and December 31, 2013, in developing an offshore wind facility that are recoverable through a rate adjustment clause to 30 percent of such amount. The remaining 70 percent of all such costs related to such a facility shall be recovered ratably through existing base rates as determined by the SCC in the test periods under review in the utility's next biennial review filed after July 1, 2014. All of the costs incurred after December 31, 2013, may be deferred for recovery through a rate adjustment clause as may be approved by the SCC. The measure also states that the planning and development activities for new generation facilities utilizing energy derived from offshore wind are in the public interest.
Title
Electric utility regulation; recovery of costs of offshore wind facilities, etc.
Sponsors
Roll Calls
2014-02-26 - Senate - Senate: House amendments agreed to by Senate (30-Y 7-N 2-A) (Y: 30 N: 7 NV: 1 Abs: 2) [PASS]
2014-02-24 - House - House: VOTE: PASSAGE (77-Y 19-N 3-A) (Y: 79 N: 19 NV: 0 Abs: 3) [PASS]
2014-02-18 - House - House: Reported from Commerce and Labor with amendments (18-Y 2-N) (Y: 19 N: 2 NV: 0 Abs: 1) [PASS]
2014-02-11 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2014-02-11 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2014-02-11 - Senate - Senate: Constitutional reading dispensed (37-Y 0-N) (Y: 37 N: 0 NV: 3 Abs: 0) [PASS]
2014-02-10 - Senate - Senate: Reported from Commerce and Labor with substitute (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]
2014-02-24 - House - House: VOTE: PASSAGE (77-Y 19-N 3-A) (Y: 79 N: 19 NV: 0 Abs: 3) [PASS]
2014-02-18 - House - House: Reported from Commerce and Labor with amendments (18-Y 2-N) (Y: 19 N: 2 NV: 0 Abs: 1) [PASS]
2014-02-11 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2014-02-11 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2014-02-11 - Senate - Senate: Constitutional reading dispensed (37-Y 0-N) (Y: 37 N: 0 NV: 3 Abs: 0) [PASS]
2014-02-10 - Senate - Senate: Reported from Commerce and Labor with substitute (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2014-04-03 | Governor: Acts of Assembly Chapter text (CHAP0550) | |
| 2014-04-03 | Governor: Approved by Governor-Chapter 550 (effective 7/1/14) | |
| 2014-03-03 | Senate | Signed by President |
| 2014-03-03 | House | Signed by Speaker |
| 2014-02-28 | Senate | Bill text as passed Senate and House (SB643ER) |
| 2014-02-28 | Senate | Enrolled |
| 2014-02-26 | Senate | House amendments agreed to by Senate (30-Y 7-N 2-A) |
| 2014-02-24 | House | VOTE: PASSAGE (77-Y 19-N 3-A) |
| 2014-02-24 | House | Passed House with amendments (77-Y 19-N 3-A) |
| 2014-02-24 | House | Engrossed by House as amended |
| 2014-02-24 | House | Committee amendments agreed to |
| 2014-02-24 | House | Read third time |
| 2014-02-21 | House | Passed by for the day |
| 2014-02-20 | House | Read second time |
| 2014-02-18 | House | Reported from Commerce and Labor with amendments (18-Y 2-N) |
| 2014-02-13 | House | Referred to Committee on Commerce and Labor |
| 2014-02-13 | House | Read first time |
| 2014-02-13 | House | Placed on Calendar |
| 2014-02-11 | Senate | Passed Senate (40-Y 0-N) |
| 2014-02-11 | Senate | Constitutional reading dispensed (40-Y 0-N) |
| 2014-02-11 | Senate | Engrossed by Senate - committee substitute SB643S1 |
| 2014-02-11 | Senate | Committee substitute agreed to 14104958D-S1 |
| 2014-02-11 | Senate | Reading of substitute waived |
| 2014-02-11 | Senate | Constitutional reading dispensed (37-Y 0-N) |
| 2014-02-11 | Senate | Read first time |
| 2014-02-10 | Senate | Committee substitute printed 14104958D-S1 |
| 2014-02-10 | Senate | Reported from Commerce and Labor with substitute (16-Y 0-N) |
| 2014-01-17 | Senate | Referred to Committee on Commerce and Labor |
| 2014-01-17 | Senate | Presented and ordered printed 14103810D |
