---
type: "Bill"
title: "Virginia Power Innovation Fund and Program; created."
description: "Virginia Power Innovation Fund and Program; created."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2023"
identifier: "HB 2386"
citation: "Virginia HB 2386 (2023)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["O'Quinn"]
version_count: 6
action_count: 60
vote_count: 12
first_action: "2023-01-16"
last_action: "2023-03-24"
source: "openstates"
source_identifier: "ocd-bill/be907d27-0da0-45d4-b727-3732f97325c2"
source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?231+sum+HB2386"
source_hash: "0cb3f28a43fea63cf66cc214304b903d97ec7a53d4e67ec28410996b6dc8fae4"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-va"]
---

# Virginia HB 2386 (2023) — Virginia Power Innovation Fund and Program; created.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **CHAP0504** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+CHAP0504)
2. **Committee substitute printed 23106928D-S1** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+HB2386S1)
3. **Conference substitute printed 23107440D-H1** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+HB2386H1)
4. **HB2386ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+HB2386ER)
5. **Presented and ordered printed 23103587D** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+HB2386)
6. **Printed as engrossed 23103587D-E** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+HB2386E)

## Votes

- Reported from Commerce and Energy with amendment(s) (21-Y 1-N) — **0–0** (fail) · lower
- Reported from Finance and Appropriations with substitute (16-Y 0-N) — **0–0** (fail) · upper
- Reported from Appropriations with amendment(s) (22-Y 0-N) — **0–0** (fail) · lower
- Senate insisted on substitute (39-Y 1-N) — **0–0** (fail) · upper
- Constitutional reading dispensed (40-Y 0-N) — **0–0** (fail) · upper
- VOTE: Adoption (89-Y 4-N) — **0–0** (fail) · lower
- Passed Senate with substitute (37-Y 1-N) — **0–0** (fail) · upper
- VOTE: Passage (89-Y 10-N) — **0–0** (fail) · lower
- VOTE: REJECTED (3-Y 93-N) — **0–0** (fail) · lower
- Subcommittee recommends reporting with amendments (8-Y 0-N) — **0–0** (fail) · lower
- Reported from Commerce and Labor (11-Y 3-N 1-A) — **0–0** (fail) · upper
- Conference report agreed to by Senate (39-Y 1-N) — **0–0** (fail) · upper

## Sponsors

- O'Quinn — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2023-01-16** Presented and ordered printed 23103587D `introduction`
- **2023-01-16** Referred to Committee on Commerce and Energy `referral-committee`
- **2023-01-19** Impact statement from DPB (HB2386)
- **2023-01-26** Reported from Commerce and Energy with amendment(s) (21-Y 1-N) `committee-passage`
- **2023-01-26** Referred to Committee on Appropriations `referral-committee`
- **2023-01-27** Assigned App. sub: Commerce Agriculture & Natural Resources `referral-committee`
- **2023-02-01** Subcommittee recommends reporting with amendments (8-Y 0-N)
- **2023-02-01** Reported from Appropriations with amendment(s) (22-Y 0-N) `committee-passage`
- **2023-02-03** Read first time `reading-1`
- **2023-02-06** Read second time `reading-2`
- **2023-02-06** Committee on Commerce and Energy amendments rejected `amendment-failure`
- **2023-02-06** Committee on Appropriations amendments agreed to `amendment-passage`
- **2023-02-06** Engrossed by House as amended HB2386E
- **2023-02-06** Engrossment reconsidered by House
- **2023-02-06** Committee Commerce and Energy amendments reconsidered
- **2023-02-06** Committee Commerce and Energy amendments agreed to `amendment-passage`
- **2023-02-06** Engrossed by House as amended HB2386E
- **2023-02-06** Printed as engrossed 23103587D-E
- **2023-02-07** Read third time and passed House (89-Y 10-N) `passage, reading-3`
- **2023-02-07** VOTE: Passage (89-Y 10-N) `passage`
- **2023-02-07** Impact statement from DPB (HB2386E)
- **2023-02-08** Constitutional reading dispensed
- **2023-02-08** Referred to Committee on Commerce and Labor `referral-committee`
- **2023-02-13** Reported from Commerce and Labor (11-Y 3-N 1-A) `committee-passage`
- **2023-02-13** Rereferred to Finance and Appropriations `referral-committee`
- **2023-02-15** Senate committee, floor amendments and substitutes offered
- **2023-02-15** Reported from Finance and Appropriations with substitute (16-Y 0-N) `committee-passage`
- **2023-02-15** Committee substitute printed 23106928D-S1 `substitution`
- **2023-02-16** Constitutional reading dispensed (40-Y 0-N)
- **2023-02-17** Impact statement from DPB (HB2386S1)
- **2023-02-17** Read third time `reading-3`
- **2023-02-17** Reading of substitute waived
- **2023-02-17** Committee substitute agreed to 23106928D-S1 `substitution`
- **2023-02-17** Engrossed by Senate - committee substitute HB2386S1 `substitution`
- **2023-02-17** Passed Senate with substitute (37-Y 1-N) `passage`
- **2023-02-21** Passed by for the day
- **2023-02-22** Senate substitute rejected by House 23106928D-S1 (3-Y 93-N)
- **2023-02-22** VOTE: REJECTED (3-Y 93-N)
- **2023-02-23** Senate insisted on substitute (39-Y 1-N) `substitution`
- **2023-02-23** Senate requested conference committee `referral-committee`
- **2023-02-23** House acceded to request
- **2023-02-23** Conferees appointed by House
- **2023-02-23** Delegates: O'Quinn, Wilt, Hayes
- **2023-02-23** Conferees appointed by Senate
- **2023-02-23** Senators: Saslaw, Lewis, Vogel
- **2023-02-24** Amended by conference committee
- **2023-02-24** Conference substitute printed 23107440D-H1
- **2023-02-24** Conference report agreed to by Senate (39-Y 1-N) `committee-passage-favorable`
- **2023-02-24** Conference report agreed to by House (89-Y 4-N) `committee-passage-favorable`
- **2023-02-24** VOTE: Adoption (89-Y 4-N)
- **2023-03-03** Impact statement from DPB (HB2386H1)
- **2023-03-07** Enrolled `enrolled`
- **2023-03-07** Bill text as passed House and Senate (HB2386ER) `passage`
- **2023-03-07** Impact statement from DPB (HB2386ER)
- **2023-03-08** Signed by Speaker `passage`
- **2023-03-08** Signed by President `passage`
- **2023-03-13** Enrolled Bill communicated to Governor on March 13, 2023 `enrolled, executive-receipt`
- **2023-03-13** Governor's Action Deadline 11:59 p.m., March 27, 2023 `executive-receipt`
- **2023-03-24** Approved by Governor-Chapter 504 (effective 7/1/23) `executive-signature`
- **2023-03-24** Acts of Assembly Chapter text (CHAP0504)

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/be907d27-0da0-45d4-b727-3732f97325c2`. Confidence: reported (aggregated from official Virginia legislature records).