Steps to Advance Virginia's Energy Plan (SAVE) Act; created. (SB112)
Introduced By
Sen. Chap Petersen (D-Fairfax)
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 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 |
---|---|
01/06/2010 | Prefiled and ordered printed; offered 01/13/10 10101967D |
01/06/2010 | Referred to Committee on Commerce and Labor |
01/17/2010 | Impact statement from SCC (SB112) |
02/01/2010 | Reported from Commerce and Labor with substitute (15-Y 0-N) (see vote tally) |
02/01/2010 | Committee substitute printed 10104859D-S1 |
02/03/2010 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/04/2010 | Read second time |
02/04/2010 | Reading of substitute waived |
02/04/2010 | Committee substitute agreed to 10104859D-S1 |
02/04/2010 | Engrossed by Senate - committee substitute SB112S1 |
02/08/2010 | Read third time and passed Senate (40-Y 0-N) (see vote tally) |
02/09/2010 | Impact statement from SCC (SB112S1) |
02/16/2010 | Placed on Calendar |
02/16/2010 | Read first time |
02/16/2010 | Referred to Committee on Commerce and Labor |
02/18/2010 | Reported from Commerce and Labor (22-Y 0-N) (see vote tally) |
02/22/2010 | Read second time |
02/23/2010 | Read third time |
02/23/2010 | Passed House BLOCK VOTE (99-Y 0-N) |
02/23/2010 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
03/01/2010 | Enrolled |
03/01/2010 | Bill text as passed Senate and House (SB112ER) |
03/01/2010 | Signed by Speaker |
03/02/2010 | Signed by President |
03/03/2010 | Impact statement from SCC (SB112ER) |
03/11/2010 | G Approved by Governor-Chapter 142 (effective 7/1/10) |
03/11/2010 | G Acts of Assembly Chapter text (CHAP0142) |