Income tax, state; SCC to determine tax costs for investor-owned public utilities. (HB3153)

Introduced By

Del. Sam Nixon (R-Richmond)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Income tax; public utilities. Directs the State Corporation Commission, when it determines the cost of service in rates, to apply the applicable tax rate as if the public utility filed an income tax return on a stand-alone basis, without regard to the operations of its affiliates. The measure states that it is declarative of existing law. Read the Bill »


03/19/2007: signed by governor


01/19/2007Presented and ordered printed 079273432
01/19/2007Referred to Committee on Commerce and Labor
01/26/2007Assigned C & L sub: Utilities/Employment (Byron)
01/31/2007Committee substitute printed 070257432-H1
02/01/2007Read first time
02/02/2007Read second time
02/02/2007Committee substitute agreed to 070257432-H1
02/02/2007Engrossed by House - committee substitute HB3153H1
02/03/2007Read third time and passed House BLOCK VOTE (98-Y 0-N)
02/03/2007Communicated to Senate
02/05/2007Impact statement from SCC (HB3153H1)
02/05/2007Constitutional reading dispensed
02/05/2007Referred to Committee on Commerce and Labor
02/19/2007Committee substitute printed 070287432-S1
02/20/2007Constitutional reading dispensed (40-Y 0-N)
02/20/2007VOTE: (40-Y 0-N) (see vote tally)
02/21/2007Read third time
02/21/2007Reading of substitute waived
02/21/2007Committee substitute agreed to 070287432-S1
02/21/2007Engrossed by Senate - committee substitute HB3153S1
02/21/2007Passed Senate with substitute (39-Y 0-N)
02/21/2007VOTE: (39-Y 0-N) (see vote tally)
02/21/2007Reconsideration of Senate passage agreed to by Senate (40-Y 0-N)
02/21/2007Passed Senate with substitute (40-Y 0-N)
02/21/2007VOTE: (40-Y 0-N) (see vote tally)
02/22/2007Placed on Calendar
02/22/2007Senate substitute agreed to by House (96-Y 0-N)
02/22/2007VOTE: ADOPTION (96-Y 0-N) (see vote tally)
03/02/2007Impact statement from SCC (HB3153S1)
03/12/2007Bill text as passed House and Senate (HB3153ER)
03/12/2007Signed by President
03/13/2007Signed by Speaker
03/14/2007Impact statement from SCC (HB3153ER)
03/19/2007G Approved by Governor-Chapter 537 (effective 7/1/07)
03/27/2007G Acts of Assembly Chapter text (CHAP0537)