Virginia Senate Bill 731 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Passed on April 10 2020 - 100% progression
Action: 2020-04-10 - Governor: Acts of Assembly Chapter text (CHAP1108)
Text: Latest bill text (Chaptered) [HTML]

Rate of return for investor-owned electric utilities. Provides that the State Corporation Commission, in determining a fair rate of return on common equity for an investor-owned electric utility after January 1, 2020, shall not set such rate (i) lower than the average of either (a) the average of the returns on common equity of the utility's peer group reported to the Securities and Exchange Commission for the three most recent annual periods or (b) the authorized returns on common equity that is set by the applicable regulatory commission for other investor-owned electric utilities in the utility's peer group or (ii) higher than 150 basis points above such average.

Investor-owned electric utilities; rate of return on common equity.

Sen. Jennifer McClellan [D]

Sen. Jennifer Boysko [D]

2020-03-08 - House - House: VOTE: Adoption (75-Y 17-N) (Y: 75 N: 17 NV: 8 Abs: 0) [PASS]
2020-03-07 - Senate - Senate: Conference report agreed to by Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2020-03-05 - Senate - Senate: Senate acceded to request (36-Y 2-N) (Y: 36 N: 2 NV: 2 Abs: 0) [PASS]
2020-03-05 - Senate - Senate: House amendments rejected by Senate (1-Y 39-N) (Y: 1 N: 39 NV: 0 Abs: 0) [FAIL]
2020-03-04 - House - House: VOTE: Passage (69-Y 25-N) (Y: 69 N: 25 NV: 6 Abs: 0) [PASS]
2020-02-27 - House - House: Reported from Labor and Commerce with amendments (18-Y 0-N) (Y: 18 N: 0 NV: 4 Abs: 0) [PASS]
2020-02-07 - Senate - Senate: Passed Senate (38-Y 1-N) (Y: 38 N: 1 NV: 1 Abs: 0) [PASS]
2020-02-07 - Senate - Senate: Reconsideration of passage agreed to by Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2020-02-07 - Senate - Senate: Read third time and passed Senate (36-Y 3-N) (Y: 36 N: 3 NV: 1 Abs: 0) [PASS]
2020-02-05 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-03 - Senate - Senate: Reported from Commerce and Labor with amendments (12-Y 3-N) (Y: 12 N: 3 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2020-04-10		Governor: Acts of Assembly Chapter text (CHAP1108)
2020-04-10		Governor: Approved by Governor-Chapter 1108 (effective 7/1/20)
2020-03-20		Governor: Governor's Action Deadline 11:59 p.m., April 11, 2020
2020-03-20	Senate	Enrolled Bill Communicated to Governor on March 20, 2020
2020-03-19	House	Signed by Speaker
2020-03-18	Senate	Signed by President
2020-03-18	Senate	Enrolled
2020-03-18	Senate	Bill text as passed Senate and House (SB731ER)
2020-03-08	House	VOTE: Adoption (75-Y 17-N)
2020-03-08	House	Conference report agreed to by House (75-Y 17-N)
2020-03-08	House	Passed by temporarily
2020-03-07	Senate	Conference report agreed to by Senate (39-Y 0-N)
2020-03-07		Conference: Amended by conference committee
2020-03-05	House	Delegates: Bourne, Ayala, Wilt
2020-03-05	House	Conferees appointed by House
2020-03-05	Senate	Senators: McClellan, Spruill, Norment
2020-03-05	Senate	Conferees appointed by Senate
2020-03-05	Senate	Senate acceded to request (36-Y 2-N)
2020-03-05	House	House requested conference committee
2020-03-05	House	House insisted on amendments
2020-03-05	Senate	House amendments rejected by Senate (1-Y 39-N)
2020-03-05	Senate	Passed by temporarily
2020-03-04	House	VOTE: Passage (69-Y 25-N)
2020-03-04	House	Passed House with amendments (69-Y 25-N)
2020-03-04	House	Engrossed by House as amended
2020-03-04	House	Amendments by Delegate Jonesagreed to
2020-03-04	House	Committee amendments agreed to
2020-03-04	House	Read third time
2020-03-03	House	Passed by for the day
2020-03-02	House	Read second time
2020-02-27	House	Reported from Labor and Commerce with amendments (18-Y 0-N)
2020-02-18	House	Referred to Committee on Labor and Commerce
2020-02-18	House	Read first time
2020-02-18	House	Placed on Calendar
2020-02-07	Senate	Passed Senate (38-Y 1-N)
2020-02-07	Senate	Reconsideration of passage agreed to by Senate (39-Y 0-N)
2020-02-07	Senate	Read third time and passed Senate (36-Y 3-N)
2020-02-06	Senate	Printed as engrossed 20101582D-E
2020-02-06	Senate	Engrossed by Senate as amended SB731E
2020-02-06	Senate	Committee amendments agreed to
2020-02-06	Senate	Reading of amendments waived
2020-02-06	Senate	Read second time
2020-02-05	Senate	Constitutional reading dispensed (40-Y 0-N)
2020-02-03	Senate	Reported from Commerce and Labor with amendments (12-Y 3-N)
2020-01-23	Senate	Assigned C&L sub: Energy
2020-01-07	Senate	Referred to Committee on Commerce and Labor
2020-01-07	Senate	Prefiled and ordered printed; offered 01/08/20 20101582D

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+SB731
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+SB731+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+SB731E+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+SB731ER+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+CHAP1108+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+S02V0082+SB0731
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+SV0357SB0731+SB0731
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+SV0394SB0731+SB0731
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+SV0401SB0731+SB0731
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+SV0402SB0731+SB0731
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+H14V0335+SB0731
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+HV1828+SB0731
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+SV1619SB0731+SB0731
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+SV1673SB0731+SB0731
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+SV1831SB0731+SB0731
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+HV2079+SB0731