Electric utilities; eliminates customer credit reinvestment offsets. (HB2049)

Introduced By

Del. Jeff Bourne (D-Richmond) with support from 17 copatrons, whose average partisan position is:

Those copatrons are Del. Dawn Adams (D-Richmond), Del. Lamont Bagby (D-Richmond), Del. Betsy Carr (D-Richmond), Del. Lee Carter (D-Manassas), Del. Elizabeth Guzman (D-Dale City), Del. Dan Helmer (D-Fairfax Station), Del. Patrick Hope (D-Arlington), Del. Sally Hudson (D-Charlottesville), Del. Clinton Jenkins (D-Suffolk), Del. Jay Jones (D-Norfolk), Del. Mark Keam (D-Vienna), Del. Kaye Kory (D-Falls Church), Del. Alfonso Lopez (D-Arlington), Del. Ken Plum (D-Reston), Del. Marcus Simon (D-Falls Church), Del. Shelly Simonds (D-Newport News), Del. Suhas Subramanyam (D-Sterling)

Progress

✓	Introduced
✗	Passed Committee
✓	Passed House
☐	Passed Senate
☐	Signed by Governor
☐	Became Law

Description

Electric utilities; customer credit reinvestment offsets. Eliminates customer credit reinvestment offsets under which a utility is allowed, upon request, to reduce or eliminate amounts of overearnings that otherwise would be required to be credited to customers by applying a customer credit reinvestment offset for expenses on new solar and wind generation facilities and electric distribution grid transformation projects. Read the Bill »

Outcome

Bill Has Failed

History

Date	Action
01/12/2021	Prefiled and ordered printed; offered 01/13/21 21102818D
01/12/2021	Referred to Committee on Labor and Commerce
01/14/2021	Assigned L & C sub: Subcommittee #3
01/18/2021	Impact statement from SCC (HB2049)
02/01/2021	Subcommittee recommends reporting (6-Y 4-N)
02/02/2021	Reported from Labor and Commerce (12-Y 10-N) (see vote tally)
02/03/2021	Read first time
02/04/2021	Read second time and engrossed
02/05/2021	Read third time and passed House (56-Y 44-N)
02/05/2021	VOTE: Passage (56-Y 44-N) (see vote tally)
02/05/2021	Constitutional reading dispensed
02/05/2021	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)
02/10/2021	Assigned C&L sub: Energy
02/15/2021	Passed by indefinitely in Commerce and Labor (11-Y 4-N) (see vote tally)