Hydroelectric plant; revenue sharing agreement among certain localities. (SB780)
Introduced By
Sen. Ben Chafin (R-Lebanon) with support from co-patron Sen. Bill Carrico (R-Grayson)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Hydroelectric plant revenue sharing agreement among certain localities. Requires the Counties of Buchanan, Dickenson, Lee, Russell, Scott, Tazewell, and Wise and the City of Norton to enter into a perpetual revenue sharing agreement regarding a certain electric storage or generation facility to be located in one of these localities. The measure establishes the percentage of the revenue to be allocated to each locality and provides that the host locality shall receive an additional share of six percent of the revenue. Any direct costs of infrastructure improvements incurred by the host locality for purposes of the facility will be allocated among the localities in the same proportion as the revenues from the facility. This bill is identical to HB 1555. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/11/2018 | Prefiled and ordered printed; offered 01/10/18 18104617D |
01/11/2018 | Referred to Committee on Commerce and Labor |
01/12/2018 | Impact statement from DHCD (SB780) |
02/05/2018 | Reported from Commerce and Labor with substitute (11-Y 0-N) (see vote tally) |
02/05/2018 | Committee substitute printed 18106147D-S1 |
02/07/2018 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/08/2018 | Read second time |
02/08/2018 | Reading of substitute waived |
02/08/2018 | Committee substitute agreed to 18106147D-S1 |
02/08/2018 | Engrossed by Senate - committee substitute SB780S1 |
02/09/2018 | Read third time and passed Senate (39-Y 0-N) (see vote tally) |
02/14/2018 | Placed on Calendar |
02/14/2018 | Read first time |
02/14/2018 | Referred to Committee on Commerce and Labor |
02/15/2018 | Reported from Commerce and Labor (22-Y 0-N) (see vote tally) |
02/19/2018 | Read second time |
02/20/2018 | Read third time |
02/20/2018 | Passed House BLOCK VOTE (100-Y 0-N) |
02/20/2018 | VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally) |
02/22/2018 | Enrolled |
02/22/2018 | Bill text as passed Senate and House (SB780ER) |
02/22/2018 | Signed by Speaker |
02/23/2018 | Signed by President |
02/26/2018 | Enrolled Bill Communicated to Governor on February 26, 2018 |
02/26/2018 | G Governor's Action Deadline Midnight, March 5, 2018 |
03/05/2018 | G Approved by Governor-Chapter 206 (effective 7/1/18) |
03/05/2018 | G Acts of Assembly Chapter text (CHAP0206) |