HB528 (2020 Regular Session)

HB528

Electric generation facilities; SCC shall determine retirement of facilities.

Status:
Enacted

Session:
2020 Regular Session

Summary

As Passed House of Origin. State Corporation Commission; retirement of coal fired or natural gas fired electric generation facilities.

Requires the State Corporation Commission to determine the amortization period for recovery of any appropriate costs due to the early retirement of any coal-fired or natural gas-fired electric generation facilities owned or operated by any Phase I or Phase II Utility. The bill requires the Commission, in making such determination, ... (More) to (i) perform an independent analysis of the remaining undepreciated capital costs; (ii) establish a recovery period that best serves ratepayers; and (iii) allow for the recovery of any carrying costs that the Commission, in its sole discretion, deems appropriate. (Less)

Bill History
01/05/2020 - House: Prefiled and ordered printed; offered 01/08/20 20103628D
01/05/2020 - House: Referred to Committee on Labor and Commerce
01/11/2020 - House: Impact statement from SCC (HB528)
01/14/2020 - House: Assigned L & C sub: Subcommittee #3
02/04/2020 - House: House subcommittee amendments and substitutes offered
02/04/2020 - House: Subcommittee recommends reporting with substitute (6-Y 4-N)
02/06/2020 - House: Committee substitute printed 20106462D-H1
02/06/2020 - House: Reported from Labor and Commerce with substitute (13-Y 9-N)
02/09/2020 - House: Read first time
02/10/2020 - House: Read second time
02/10/2020 - House: Committee substitute agreed to 20106462D-H1
02/10/2020 - House: Engrossed by House - committee substitute HB528H1
02/11/2020 - House: Read third time and passed House (55-Y 44-N)
02/11/2020 - House: VOTE: Passage (55-Y 44-N) Close Floor Vote
02/12/2020 - Senate: Constitutional reading dispensed
02/12/2020 - Senate: Referred to Committee on Commerce and Labor
02/24/2020 - Senate: Reported from Commerce and Labor with amendment (9-Y 6-N)
02/26/2020 - Senate: Constitutional reading dispensed (38-Y 0-N)
02/27/2020 - Senate: Passed by for the day
02/28/2020 - Senate: Passed by for the day
03/02/2020 - Senate: Read third time
03/02/2020 - Senate: Passed by for the day
03/03/2020 - Senate: Passed by for the day
03/03/2020 - House: Impact statement from SCC (HB528H1)
03/04/2020 - Senate: Read third time
03/04/2020 - Senate: Reading of amendment waived
03/04/2020 - Senate: Committee amendment rejected (16-Y 23-N) Close Floor Vote
03/04/2020 - Senate: Amendments by Senator Norment withdrawn
03/04/2020 - Senate: Reading of amendment waived
03/04/2020 - Senate: Amendment by Senator Stuart agreed to
03/04/2020 - Senate: Passed by for the day motion rejected
03/04/2020 - Senate: Passed Senate with amendment (27-Y 13-N)
03/04/2020 - Senate: Reconsideration of Senate passage agreed to by Senate (39-Y 0-N)
03/04/2020 - Senate: Passed by for the day (24-Y 16-N) Close Floor Vote
03/05/2020 - Senate: Read third time
03/05/2020 - Senate: Reading of amendment waived
03/05/2020 - Senate: Amendment by Senator Stuart agreed to
03/05/2020 - Senate: Engrossed by Senate as amended
03/05/2020 - Senate: Passed Senate with amendments (35-Y 5-N)
03/05/2020 - House: Senate amendments agreed to by House (50-Y 43-N)
03/05/2020 - House: VOTE: Adoption (50-Y 43-N) Close Floor Vote
03/12/2020 - House: Enrolled
03/12/2020 - House: Bill text as passed House and Senate (HB528ER)
03/12/2020 - House: Signed by Speaker
03/12/2020 - Senate: Signed by President
03/13/2020 - House: Impact statement from SCC (HB528ER)
03/17/2020 - House: Enrolled Bill communicated to Governor on March 17, 2020
03/17/2020 - Governor: Governor's Action Deadline 11:59 p.m., April 11, 2020
04/06/2020 - Governor: Approved by Governor-Chapter 662 (effective 7/1/20)
04/06/2020 - Governor: Acts of Assembly Chapter text (CHAP0662)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com

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