Virginia Highway Corporation Act; alteration of certificate of authority, powers and duties of SCC. (HB1832)
Introduced By
Del. Suhas Subramanyam (D-Sterling) with support from 7 copatrons, whose average partisan position is:
Those copatrons are Del. Karrie Delaney (D-Centreville), Del. Wendy Gooditis (D-Clarke), Del. Dan Helmer (D-Fairfax Station), Del. Kaye Kory (D-Falls Church), Del. Kathleen Murphy (D-McLean), Del. David Reid (D-Loudoun), Sen. Barbara Favola (D-Arlington)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia Highway Corporation Act; alteration of certificate of authority; powers and duties of the State Corporation Commission. Requires any application for a transfer, extension, or amendment of a certificate of authority issued under the Virginia Highway Corporation Act to include information demonstrating the financial fitness of the entity applying to operate the roadway. The bill requires an applicant for a toll increase to provide a forward-looking analysis return that will be reviewed by the Department of Transportation that demonstrates that the proposed rates will be reasonable to the user in relation to the benefit obtained, not likely to materially discourage use of the roadway, and provide the operator no more than a reasonable return. The bill also prohibits the State Corporation Commission from authorizing a toll increase if these criteria are not met or if the proposed increase is for more than one year. The bill requires an operator to receive approval from the Commission prior to refinancing any existing debt. This bill is identical to SB 1259. Read the Bill »
Status
03/25/2021: signed by governor
History
| Date | Action |
|---|---|
| 01/06/2021 | Prefiled and ordered printed; offered 01/13/21 21101393D |
| 01/06/2021 | Referred to Committee on Transportation |
| 01/12/2021 | Assigned Transportation sub: Transportation Systems |
| 01/21/2021 | House subcommittee amendments and substitutes offered |
| 01/21/2021 | Subcommittee recommends reporting with substitute (10-Y 1-N) |
| 01/26/2021 | Reported from Transportation with substitute (20-Y 0-N) (see vote tally) |
| 01/26/2021 | Committee substitute printed 21103413D-H1 |
| 01/27/2021 | Read first time |
| 01/28/2021 | Read second time |
| 01/28/2021 | Committee substitute agreed to 21103413D-H1 |
| 01/28/2021 | Engrossed by House - committee substitute HB1832H1 |
| 01/29/2021 | Read third time and passed House BLOCK VOTE (99-Y 0-N) |
| 01/29/2021 | VOTE: Block Vote Passage (99-Y 0-N) (see vote tally) |
| 02/01/2021 | Constitutional reading dispensed |
| 02/01/2021 | Referred to Committee on Commerce and Labor |
| 02/05/2021 | Continued to 2021 Sp. Sess. 1 in Commerce and Labor (15-Y 0-N) (see vote tally) |
| 02/12/2021 | Impact statement from DPB (HB1832H1) |
| 02/15/2021 | Rereferred from Commerce and Labor (14-Y 0-N) (see vote tally) |
| 02/15/2021 | Rereferred to Transportation |
| 02/18/2021 | Reported from Transportation (10-Y 5-N) (see vote tally) |
| 02/22/2021 | Constitutional reading dispensed (39-Y 0-N) |
| 02/23/2021 | Read third time |
| 02/23/2021 | Passed Senate (26-Y 13-N) |
| 02/23/2021 | Reconsideration of Senate passage agreed to by Senate (38-Y 0-N) |
| 02/23/2021 | Passed Senate (33-Y 5-N) |
| 02/26/2021 | Enrolled |
| 02/26/2021 | Bill text as passed House and Senate (HB1832ER) |
| 02/26/2021 | Signed by Speaker |
| 02/27/2021 | Signed by President |
| 03/01/2021 | Impact statement from DPB (HB1832ER) |
| 03/01/2021 | Enrolled Bill communicated to Governor on March 1, 20201 |
| 03/01/2021 | G Governor's Action Deadline 11:59 p.m., March 31, 2021 |
| 03/25/2021 | G Approved by Governor-Chapter 349 (effective 7/1/21) |
| 03/25/2021 | G Acts of Assembly Chapter text (CHAP0349) |