Virginia Senate Bill 901 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 19 2018 - 25% progression, died in chamber
Action: 2018-02-05 - Incorporated by Commerce and Labor
Text: Latest bill text (Introduced) [HTML]

Electric utilities; undergrounding distribution lines; reasonableness and prudence of costs. States that the General Assembly has determined that (i) the conversion of an investor-owned electric utility's existing overhead distribution tap lines with new underground facilities will provide local and system-wide benefits, (ii) the new underground facilities are cost beneficial, and (iii) the costs associated with the new underground facilities are reasonably and prudently incurred. This legislative determination replaces a provision enacted in 2017 that established a rebuttable presumption regarding these three issues. The measure also directs the State Corporation Commission, in proceedings authorized or required by ?§56-585.1, to only consider whether activities, facilities, or projects were or will be subject to proper and required purchasing and construction practices and whether costs proposed for such activities, facilities, or projects are reasonable such that they are attributable to expenses. This directive supersedes provisions enacted in 2007 that authorized the Commission to determine the reasonableness and prudence of costs incurred by a utility. This bill was incorporated into SB 966.

Electric utilities; undergrounding distribution lines, reasonableness and prudence of costs.

Sen. Glen Sturtevant [R]

2018-02-05 - Senate - Senate: Incorporated by Commerce and Labor (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2018-02-05	Senate	Incorporated by Commerce and Labor
2018-02-02	Senate	Assigned C&L sub: Electric Utility
2018-01-19	Senate	Referred to Committee on Commerce and Labor
2018-01-19	Senate	Presented and ordered printed 18104735D

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?181+sum+SB901
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+SB901+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+S02V0090+SB0901