Electric rates; any distribution electric cooperative may, without SCC approval, make adjustment. (HB1819)

Introduced By

Del. Terry Kilgore (R-Gate City) with support from co-patron Del. Albert Pollard (D-Lively)

Progress

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

Description

Electric rates of distribution cooperatives. Authorizes any distribution electric cooperative, without State Corporation Commission approval, to make any adjustment to its rates reasonably calculated to collect any or all of the fixed costs of owning and operating its electric distribution system through a new or modified fixed monthly charge. Such monthly charge would be in lieu of charges that are based on the volume of use of electric energy. Such changes in rates may be adopted upon an affirmative resolution of the cooperative's board of directors and shall be revenue neutral based on the cooperative's most recent cost-of-service study. Adjustments may be phased in over a three-year period, and revised tariffs are required to be filed with the State Corporation Commission for information purposes. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/12/2009Committee
01/12/2009Prefiled and ordered printed; offered 01/14/09 094404588
01/12/2009Referred to Committee on Commerce and Labor
01/16/2009Impact statement from SCC (HB1819)
01/29/2009Reported from Commerce and Labor with substitute (21-Y 0-N) (see vote tally)
01/29/2009Committee substitute printed 090156588-H1
02/02/2009Read first time
02/03/2009Read second time
02/03/2009Committee substitute agreed to 090156588-H1
02/03/2009Engrossed by House - committee substitute HB1819H1
02/04/2009Passed by for the day
02/05/2009Read third time and passed House (94-Y 0-N)
02/05/2009VOTE: --- PASSAGE (94-Y 0-N) (see vote tally)
02/06/2009Impact statement from SCC (HB1819H1)
02/06/2009Constitutional reading dispensed
02/06/2009Referred to Committee on Commerce and Labor
02/16/2009Reported from Commerce and Labor (15-Y 0-N) (see vote tally)
02/18/2009Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/19/2009Read third time
02/19/2009Passed by for the day
02/20/2009Read third time
02/20/2009Passed Senate (40-Y 0-N) (see vote tally)
02/20/2009Reconsideration of Senate passage agreed to by Senate (37-Y 3-N) (see vote tally)
02/20/2009Passed by for the day
02/23/2009Read third time
02/23/2009Passed Senate (40-Y 0-N) (see vote tally)
02/28/2009Enrolled
02/28/2009Bill text as passed House and Senate (HB1819ER)
02/28/2009Signed by Speaker
02/28/2009Signed by President
03/03/2009Impact statement from SCC (HB1819ER)
03/27/2009G Approved by Governor-Chapter 401 (effective 7/1/09)
03/27/2009G Acts of Assembly Chapter text (CHAP0401)