Electric utilities; recovery of cost of line extensions to serve megasites. (SB744)

Introduced By

Sen. Frank Wagner (R-Virginia Beach)

Progress

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

Description

Electric utilities; line extensions to serve megasites. Authorizes electric utilities to recover through their base rates the cost of extending lines to provide industrial-grade service to a megasite that is available for an economic development project. The fact that the current owner of the site will not be receiving the electric service will not bar the utility from recovering the costs of the service extension. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/22/2016Presented and ordered printed 16104139D
01/22/2016Referred to Committee on Commerce and Labor
02/01/2016Impact statement from SCC (SB744)
02/08/2016Stricken at request of Patron in Commerce and Labor (14-Y 1-N) (see vote tally)