Virginia House Bill 1017 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Republican 8-1)
Status: Introduced on January 11 2012 - 25% progression, died in committee
Action: 2012-02-14 - House: Left in Commerce and Labor (0-Y 0-N)
Pending: House Commerce and Labor Committee
Text: Latest bill text (Prefiled) [HTML]

Renewable energy portfolio standard program. Eliminates the Performance Incentive provision in the renewable energy portfolio standard program that entitles any investor-owned electric utility to a 50 basis point increase in its authorized combined rate of return on common equity if it meets the program's RPS Goals. The measure retains provisions that allow a utility to recover its costs associated with meeting the RPS Goals, but provides that a utility that exceeds the RPS Goals shall not recover the incremental costs associated with exceeding the RPS Goals unless it demonstrates that the decision to exceed the RPS Goals was reasonable and prudent.

Renewable energy portfolio standard program; eliminates Performance Incentive provision.

Del. Anne Crockett-Stark [R]	Del. Chris Jones [R]	Del. Terry Kilgore [R]	Del. Donald Merricks [R]
Del. Charles Poindexter [R]	Del. Larry Rush [R]	Del. Lee Ware [R]	Del. Onzlee Ware [D]
Del. Michael Webert [R]

2012-02-14 - House - House: Left in Commerce and Labor (0-Y 0-N) (Y: 0 N: 0 NV: 23 Abs: 0) [FAIL]
2012-01-26 - House - House: Subcommittee recommends passing by indefinitely (13-Y 0-N) (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2012-02-14		House: Left in Commerce and Labor (0-Y 0-N)
2012-01-26		House: Subcommittee recommends passing by indefinitely by voice vote
2012-01-17		House: Assigned C & L sub: Special Subcommittee on Energy
2012-01-11		House: Referred to Committee on Commerce and Labor
2012-01-11		House: Prefiled and ordered printed; offered 01/11/12 12101428D

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?121+sum+HB1017
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+HB1017+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+H1403V0004+HB1017
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+H14V0110+HB1017