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HB666: Utility Transfers Act; prohibits SCC from approving an application by an investor-owned elec. util.

Chief Patron

Del. Bob Marshall (R-13)

Bob Marshall (R-13)
Manassas, VA
Served: 1992–

Progress

Yes Introduced
No Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Status

02/12/2008: Failed to Pass in Committee

View Entire History

Summary

Utility Transfers Act; investor-owned electric utilities.  Prohibits the State Corporation Commission from approving an application by an investor-owned electric utility that was, as of July 1, 1999, bound by a rate case settlement adopted by the Commission that extended in its application beyond January 1, 2002, for authority to acquire assets or securities of an electric utility that divested its generation assets with approval of the Commission pursuant to § 56-590 prior to January 1, 2002, if the acquisition is likely to result in an increase in the rates of any investor-owned electric utility.

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Video

Votes were cast on this bill on the following dates for which Richmond Sunlight has video: 02/05/2008 and 02/12/2008.

Comments

Waldo Jaquith writes:

Let's play name that utility.

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			Virginia Interfaith Center

Poll Results

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Bill Text

Related Bills

  • SB93
    Introduced: December 26, 2007
    Status: Failed to Pass in Committee
    : Electric Utility Restructuring Act; repeals certain provisions.
  • SJ71
    Introduced: January 09, 2008
    Status: In Committee
    : High voltage transmission lines; SCC to require electric utility applying for approval to construct.
  • SB21
    Introduced: December 12, 2007
    Status: Failed to Pass in Committee
    : Electric utility rates; margins from off-system sales.
  • SB349
    Introduced: January 08, 2008
    Status: signed by governor
    : Charter; City of Bristol. 
  • HB665
    Introduced: January 08, 2008
    Status: Failed to Pass in Committee
    : Utility Transfers Act; SCC to find that acquisition will not cause rates of cooperative to increase.
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