Electric utilities; ratemaking incentives, landfill gas. (HB564)

Introduced By

Del. Danny Marshall (R-Danville) with support from co-patron Del. Don Merricks (R-Danville)

Progress

√
 Introduced
√
 Passed Committee
√
 Passed House
√
 Passed Senate
√
 Signed by Governor
√
 Became Law

Description

Electric utility ratemaking incentives; landfill gas.  Authorizes investor-owned electric utilities to earn an enhanced rate of return, equal to 150 basis points above the authorized rate of return, on their investments in generation facilities that are fired by landfill gas produced in a solid waste management facility licensed by the Waste Management Board. The facility includes the equipment used in collecting, drying, treating, and compressing the landfill gas and in transmitting the landfill gas from the solid waste management facility where it is collected to the generation facility where it is combusted. Amends § 56-585.1, of the Code of Virginia. View Full Text »

Outcome

Bill Has Passed

History

  • 01/10/2012 Committee
  • 01/10/2012 Prefiled and ordered printed; offered 01/11/12 12100211D
  • 01/10/2012 Referred to Committee on Commerce and Labor
  • 01/17/2012 Assigned C & L sub: Special Subcommittee on Energy
  • 01/18/2012 Impact statement from SCC (HB564)
  • 01/26/2012 Subcommittee recommends reporting (11-Y 0-N)
  • 01/31/2012 Reported from Commerce and Labor with amendment (21-Y 0-N) (see vote tally)
  • 02/02/2012 Read first time
  • 02/03/2012 Read second time
  • 02/03/2012 Committee amendment agreed to
  • 02/03/2012 Engrossed by House as amended HB564E
  • 02/03/2012 Printed as engrossed 12100211D-E
  • 02/06/2012 Read third time and passed House (97-Y 0-N 1-A)
  • 02/06/2012 VOTE: PASSAGE (97-Y 0-N 1-A) (see vote tally)
  • 02/07/2012 Constitutional reading dispensed
  • 02/07/2012 Referred to Committee on Commerce and Labor
  • 02/08/2012 Impact statement from SCC (HB564E)
  • 02/20/2012 Reported from Commerce and Labor with amendment (16-Y 0-N) (see vote tally)
  • 02/22/2012 Constitutional reading dispensed (39-Y 0-N) (see vote tally)
  • 02/23/2012 Read third time
  • 02/23/2012 Reading of amendment waived
  • 02/23/2012 Committee amendment agreed to
  • 02/23/2012 Engrossed by Senate as amended
  • 02/23/2012 Passed Senate with amendment (40-Y 0-N) (see vote tally)
  • 02/24/2012 Placed on Calendar
  • 02/27/2012 Senate amendment agreed to by House (96-Y 0-N)
  • 02/27/2012 VOTE: ADOPTION (96-Y 0-N) (see vote tally)
  • 03/02/2012 Enrolled
  • 03/02/2012 Bill text as passed House and Senate (HB564ER)
  • 03/02/2012 Impact statement from SCC (HB564ER)
  • 03/02/2012 Signed by Speaker
  • 03/05/2012 Signed by President
  • 03/30/2012 G Approved by Governor-Chapter 435 (effective 7/1/12)
  • 03/30/2012 G Acts of Assembly Chapter text (CHAP0435)