Virginia Senate Bill 539 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 8 2012 - 100% progression
Action: 2012-03-08 - Governor: Acts of Assembly Chapter text (CHAP0204)
Text: Latest bill text (Chaptered) [HTML]

Procurement; forward energy pricing. Authorizes, subject to available appropriation, any public body to use forward pricing mechanisms for budget risk reduction. Forward pricing mechanisms are contracts or financial instruments that obligate the public body to buy or sell a specified quantity of energy at a future date at a set price or provide the option to buy or sell the contract or financial instrument. Forward pricing mechanism transactions may be made only if (i) the quantity of energy affected by the mechanism does not exceed the estimated energy use for the public body for the same period, (ii) the period of the mechanism does not exceed 48 months, (iii) a separate account is established for operational energy for the public body, (iv) the public body develops written policies and procedures, and (v) the public body establishes an oversight process.

Forward energy pricing; authorizes any public body to use mechanisms for budget risk reduction.

Sen. Linda Puller [D]

2012-02-21 - House - House: VOTE: PASSAGE (98-Y 1-N 1-A) (Y: 100 N: 1 NV: 0 Abs: 1) [PASS]
2012-02-16 - House - House: Reported from General Laws (20-Y 1-N) (Y: 20 N: 1 NV: 0 Abs: 1) [PASS]
2012-02-03 - Senate - Senate: Read third time and passed Senate (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2012-02-01 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2012-01-30 - Senate - Senate: Reported from General Laws and Technology with amendments (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2012-03-08		Governor: Acts of Assembly Chapter text (CHAP0204)
2012-03-08		Governor: Approved by Governor-Chapter 204 (effective 7/1/12)
2012-02-27		Senate: Signed by President
2012-02-24		House: Signed by Speaker
2012-02-24		Senate: Bill text as passed Senate and House (SB539ER)
2012-02-24		Senate: Enrolled
2012-02-21		House: VOTE: PASSAGE (98-Y 1-N 1-A)
2012-02-21		House: Passed House (98-Y 1-N 1-A)
2012-02-21		House: Read third time
2012-02-20		House: Read second time
2012-02-16		House: Reported from General Laws (20-Y 1-N)
2012-02-13		House: Referred to Committee on General Laws
2012-02-13		House: Read first time
2012-02-13		House: Placed on Calendar
2012-02-03		Senate: Read third time and passed Senate (38-Y 0-N)
2012-02-02		Senate: Printed as engrossed 12104061D-E
2012-02-02		Senate: Engrossed by Senate as amended SB539E
2012-02-02		Senate: Committee amendments agreed to
2012-02-02		Senate: Reading of amendments waived
2012-02-02		Senate: Read second time
2012-02-01		Senate: Constitutional reading dispensed (39-Y 0-N)
2012-01-30		Senate: Reported from General Laws and Technology with amendments (14-Y 0-N)
2012-01-24		Senate: Assigned GL&T sub: #2
2012-01-13		Senate: Referred to Committee on General Laws and Technology
2012-01-13		Senate: Presented and ordered printed 12104061D

HB211 (Same As) 2012-03-23 - Governor: Acts of Assembly Chapter text (CHAP0359)

Chapter	Article	Section	Citation Type	Statute Text
2	2	4329.1	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?121+sum+SB539
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+SB539+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+SB539E+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+SB539ER+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+CHAP0204+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+S12V0049+SB0539
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0205SB0539+SB0539
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0228SB0539+SB0539
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+H11V0204+SB0539
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+HV0965+SB0539