Steps to Advance Virginia's Energy Plan (SAVE) Act; created. (HB533)
Introduced By
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Natural gas utilities; cost recovery for certain infrastructure improvement costs. Authorizes investor-owned natural gas utilities to petition the State Corporation Commission to implement a separate rider that will allow for recovery of certain costs associated with eligible infrastructure replacement projects. Eligible infrastructure replacement projects are projects that: (i) enhance safety or reliability by reducing system integrity risks associated with customer outages, corrosion, equipment failures, material failures, natural forces or other outside force damage; (ii) do not increase revenues by directly connecting the infrastructure replacement to new customers; (iii) reduce or have the potential to avoid greenhouse gas emissions; and (iv) are not included in the natural gas utility's rate base in its most recent rate case. The costs recoverable from an eligible infrastructure replacement project include a return on the investment, depreciation, property taxes, and carrying costs on the over- or under-recovery of the eligible infrastructure replacement costs. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/12/2010 | Committee |
01/12/2010 | Prefiled and ordered printed; offered 01/13/10 10103775D |
01/12/2010 | Referred to Committee on Commerce and Labor |
01/15/2010 | Impact statement from SCC (HB533) |
01/21/2010 | Reported from Commerce and Labor (22-Y 0-N) (see vote tally) |
01/25/2010 | Read first time |
01/26/2010 | Read second time and engrossed |
01/27/2010 | Read third time and passed House BLOCK VOTE (98-Y 0-N) |
01/27/2010 | VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally) |
01/28/2010 | Constitutional reading dispensed |
01/28/2010 | Referred to Committee on Commerce and Labor |
02/22/2010 | Reported from Commerce and Labor with substitute (15-Y 0-N) (see vote tally) |
02/22/2010 | Committee substitute printed 10105452D-S1 |
02/24/2010 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/25/2010 | Read third time |
02/25/2010 | Reading of substitute waived |
02/25/2010 | Committee substitute agreed to 10105452D-S1 |
02/25/2010 | Engrossed by Senate - committee substitute HB533S1 |
02/25/2010 | Passed Senate with substitute (40-Y 0-N) (see vote tally) |
02/26/2010 | Placed on Calendar |
03/01/2010 | Senate substitute agreed to by House 10105452D-S1 (99-Y 0-N) |
03/01/2010 | VOTE: --- ADOPTION (99-Y 0-N) (see vote tally) |
03/02/2010 | Impact statement from SCC (HB533S1) |
03/09/2010 | Enrolled |
03/09/2010 | Bill text as passed House and Senate (HB533ER) |
03/09/2010 | Signed by Speaker |
03/11/2010 | Impact statement from SCC (HB533ER) |
03/11/2010 | Signed by President |
04/11/2010 | G Approved by Governor-Chapter 514 (effective 7/1/10) |
04/11/2010 | G Acts of Assembly Chapter text (CHAP0514) |