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Search 2008 Bills:

SB93: Electric Utility Restructuring Act; repeals certain provisions.

Chief Patron

Sen. Roscoe Reynolds (D-20)

Roscoe Reynolds (D-20)
Served: 1997–

Progress

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

Status

02/04/2008: Failed to Pass in Committee

View Entire History

Summary

Electric utility restructuring.  Repeals provisions of the Electric Utility Restructuring Act that established parameters for the rate of return to be earned by certain electric utilities, recovery of certain expenses, and incentives for constructing new generation facilities and meeting voluntary renewable energy targets. The measure reinstitutes traditional cost-of-service ratemaking principles for such utilities, effective January 1, 2009.

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Video

Votes were cast on this bill on the following dates for which Richmond Sunlight has video: 02/04/2008 and 02/04/2008.

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Bill Text

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