VA SB1695 | 2019 | Regular Session

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Passed on March 18 2019 - 100% progression
Action: 2019-03-18 - Governor: Acts of Assembly Chapter text (CHAP0495)
Text: Latest bill text (Chaptered) [HTML]

Summary

Public utilities; acquisition of rights-of-way for economic development sites. Authorizes a public utility providing water, sewer, electric, or natural gas service to propose an Economic Development Program (Program) under which it may acquire utility right-of-way for one or more qualified economic development sites. A proposal for a Program is required to include an analysis of how acquiring the rights-of-way will enhance the Commonwealth's infrastructure and promote the Commonwealth's competitive business environment by improving the readiness of a qualified economic development site. The measure establishes criteria for the Virginia Economic Development Partnership Authority to certify that an industrial site is a qualified economic development site. The State Corporation Commission (SCC) is authorized to approve a proposal for a Program that satisfies certain conditions, including findings that (i) implementation of the Program will provide significant economic development benefits that might not otherwise be attained absent its approval and (ii) the Program is designed only to acquire utility rights-of-way to a qualified economic development site and not to provide service to other customers or potential customers. A utility's capital investment is capped at one percent of gross plant investment in the aggregate of all of the utility's Programs and at $5 million for any specific qualified economic development site. This bill is identical to HB 2738.

Tracking Information

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Title

Public utilities; acquisition of rights-of-way for economic development sites.

Sponsors


Roll Calls

2019-02-13 - House - House: VOTE: PASSAGE (84-Y 13-N) (Y: 84 N: 13 NV: 2 Abs: 0) [PASS]
2019-02-12 - House - House: Reported from Commerce and Labor (21-Y 1-N) (Y: 21 N: 1 NV: 0 Abs: 0) [PASS]
2019-01-25 - Senate - Senate: Read third time and passed Senate (34-Y 6-N) (Y: 34 N: 6 NV: 0 Abs: 0) [PASS]
2019-01-23 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2019-01-21 - Senate - Senate: Reported from Commerce and Labor with substitute (14-Y 1-N) (Y: 14 N: 1 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2019-03-18 Governor: Acts of Assembly Chapter text (CHAP0495)
2019-03-18 Governor: Approved by Governor-Chapter 495 (effective 7/1/19)
2019-02-20 Governor: Governor's Action Deadline Midnight, March 26, 2019
2019-02-20SenateEnrolled Bill Communicated to Governor on February 20, 2019
2019-02-19SenateSigned by President
2019-02-18HouseSigned by Speaker
2019-02-18SenateBill text as passed Senate and House (SB1695ER)
2019-02-18SenateEnrolled
2019-02-13HouseVOTE: PASSAGE (84-Y 13-N)
2019-02-13HousePassed House (84-Y 13-N)
2019-02-13HouseRead third time
2019-02-12HouseRead second time
2019-02-12HouseReported from Commerce and Labor (21-Y 1-N)
2019-01-29HouseReferred to Committee on Commerce and Labor
2019-01-29HouseRead first time
2019-01-29HousePlaced on Calendar
2019-01-25SenateRead third time and passed Senate (34-Y 6-N)
2019-01-24SenateEngrossed by Senate - committee substitute SB1695S1
2019-01-24SenateCommittee substitute agreed to 19105203D-S1
2019-01-24SenateReading of substitute waived
2019-01-24SenateRead second time
2019-01-23SenateConstitutional reading dispensed (39-Y 0-N)
2019-01-21SenateCommittee substitute printed 19105203D-S1
2019-01-21SenateReported from Commerce and Labor with substitute (14-Y 1-N)
2019-01-14SenateReferred to Committee on Commerce and Labor
2019-01-14SenatePresented and ordered printed 19104356D

Virginia State Sources


Bill Comments

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