Natural gas utilities; eligible safety activity costs to be recovered as deferred costs. (SB1287)

Introduced By

Sen. Chuck Colgan (D-Manassas)

Progress

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

Description


Natural gas utility ratemaking; eligible safety activity costs. Permits natural gas utilities to recover certain safety activity costs incurred on or after January 1, 2013, in future rates by accounting for them as deferred costs. Such a deferral is permitted to the extent the safety activity costs exceed the level of such costs that are reflected in base rates. These deferred costs will be included in new base rates and charges instituted pursuant to an order establishing or confirming customer rates in a rate case. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/15/2013Presented and ordered printed 13103664D
01/15/2013Referred to Committee on Commerce and Labor
01/23/2013Impact statement from SCC (SB1287)
02/04/2013Reported from Commerce and Labor with substitute (14-Y 0-N) (see vote tally)
02/04/2013Committee substitute printed 13104864D-S1
02/05/2013Blank Action (39-Y 0-N) (see vote tally)
02/05/2013Read second time
02/05/2013Reading of substitute waived
02/05/2013Committee substitute agreed to 13104864D-S1
02/05/2013Engrossed by Senate - committee substitute SB1287S1
02/05/2013Bills placed in block (39-Y 0-N) (see vote tally)
02/05/2013Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/05/2013Passed Senate (40-Y 0-N) (see vote tally)
02/11/2013Placed on Calendar
02/11/2013Read first time
02/11/2013Referred to Committee on Commerce and Labor
02/12/2013Impact statement from SCC (SB1287S1)
02/14/2013Reported from Commerce and Labor (22-Y 0-N) (see vote tally)
02/18/2013Read second time
02/19/2013Read third time
02/19/2013Passed House BLOCK VOTE (100-Y 0-N)
02/19/2013VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
02/22/2013Enrolled
02/22/2013Bill text as passed Senate and House (SB1287ER)
02/22/2013Signed by Speaker
02/23/2013Signed by President
02/26/2013Impact statement from SCC (SB1287ER)
03/14/2013G Approved by Governor-Chapter 406 (effective 7/1/13)
03/14/2013G Acts of Assembly Chapter text (CHAP0406)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 40 seconds.