VA HB1799 | 2013 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 13 2013 - 100% progression
Action: 2013-03-13 - Governor: Acts of Assembly Chapter text (CHAP0284)
Text: Latest bill text (Chaptered) [HTML]

Summary

Natural gas utilities; investments in qualifying projects. Exempts any natural gas utility that serves fewer than 1,000 residential customers and fewer than 250 commercial and industrial customers from the cap on the amount of investments in qualifying projects a natural gas utility may make. Under current law, a natural gas utility's annual investments in qualifying projects shall not exceed one percent of the utility's net plant investment that was used to establish base rates in its most recent rate case. Legislation enacted in 2012 established a mechanism for natural gas utilities to recover the costs of a qualifying project. A qualifying project is an economic development project for which, among other things, the utility has received a binding commitment from the developer or occupant of the proposed project regarding capacity or a financial guaranty from the developer or state or local government in the amount of at least 50 percent of the estimated investment to be made in the proposed project.

Tracking Information

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Title

Natural gas utilities; investments in qualifying projects.

Sponsors


Roll Calls

2013-02-14 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2013-02-13 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2013-02-11 - Senate - Senate: Reported from Commerce and Labor (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]
2013-01-21 - House - House: VOTE: BLOCK VOTE PASSAGE (87-Y 0-N) (Y: 89 N: 0 NV: 13 Abs: 0) [PASS]
2013-01-15 - House - House: Reported from Commerce and Labor (22-Y 0-N) (Y: 23 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2013-03-13 Governor: Acts of Assembly Chapter text (CHAP0284)
2013-03-13 Governor: Approved by Governor-Chapter 284 (effective 7/1/13)
2013-02-20SenateSigned by President
2013-02-20HouseSigned by Speaker
2013-02-20HouseBill text as passed House and Senate (HB1799ER)
2013-02-20HouseEnrolled
2013-02-14SenatePassed Senate (40-Y 0-N)
2013-02-14SenateRead third time
2013-02-13SenateConstitutional reading dispensed (40-Y 0-N)
2013-02-11SenateReported from Commerce and Labor (14-Y 0-N)
2013-01-22SenateReferred to Committee on Commerce and Labor
2013-01-22SenateConstitutional reading dispensed
2013-01-21HouseVOTE: BLOCK VOTE PASSAGE (87-Y 0-N)
2013-01-21HouseRead third time and passed House BLOCK VOTE (87-Y 0-N)
2013-01-18HouseRead second time and engrossed
2013-01-17HouseRead first time
2013-01-15HouseReported from Commerce and Labor (22-Y 0-N)
2013-01-08HouseReferred to Committee on Commerce and Labor
2013-01-08HousePrefiled and ordered printed; offered 01/09/13 13100919D

Subjects


Virginia State Sources


Bill Comments

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