5a13be122b
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
120 lines
7.2 KiB
Markdown
120 lines
7.2 KiB
Markdown
---
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type: "Bill"
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title: "Electric utilities; recovery of development costs associated with small modular reactor."
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description: "Electric utilities; recovery of development costs associated with small modular reactor. Permits Dominion Energy Virginia to petition the State Corporation Commission at any time for the approval of a rate adjustment clause for the recovery of small modular reactor project development costs for up to one small modular reactor facility. The bill also permits the utility to petition the Commission for project development cost recovery along separate development phases. The bill has an expiration date of December 31, 2029."
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jurisdiction: "us/states/va"
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legislature: "Virginia General Assembly"
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session: "2024"
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identifier: "SB 454"
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citation: "Virginia SB 454 (2024)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["David W. Marsden"]
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version_count: 6
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action_count: 51
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vote_count: 8
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first_action: "2024-01-09"
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last_action: "2024-04-22"
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source: "openstates"
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source_identifier: "ocd-bill/1dc4deeb-8de5-4d79-9bf6-9b86754625da"
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source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+SB454"
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source_hash: "3b5e6c677a22f5b096a9495359bf6dc1f288c6f0b6d9844d167e3b6456034d48"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-va"]
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---
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# Virginia SB 454 (2024) — Electric utilities; recovery of development costs associated with small modular reactor.
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Electric utilities; recovery of development costs associated with small modular reactor. Permits Dominion Energy Virginia to petition the State Corporation Commission at any time for the approval of a rate adjustment clause for the recovery of small modular reactor project development costs for up to one small modular reactor facility. The bill also permits the utility to petition the Commission for project development cost recovery along separate development phases. The bill has an expiration date of December 31, 2029.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **CHAP0789** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+CHAP0789)
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2. **Committee substitute printed 24106520D-S1** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB454S1)
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3. **Committee substitute printed 24108309D-H1** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB454H1)
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4. **Governor's substitute printed 24109376D-S2** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB454S2)
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5. **SB454ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB454ER)
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6. **SB454ER2** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB454ER2)
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## Votes
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- House amendments agreed to by Senate (26-Y 14-N) — **26–14** (pass) · upper
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- Constitutional reading dispensed (39-Y 0-N) — **39–0** (pass) · upper
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- Read third time and passed Senate (20-Y 16-N) — **20–16** (pass) · upper
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- VOTE: Passage (52-Y 44-N 1-A) — **51–44** (pass) · lower
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- Reported from Commerce and Labor with substitute (8-Y 7-N) — **8–7** (pass) · upper
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- Reported from Labor and Commerce with substitute (14-Y 7-N) — **14–7** (pass) · lower
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- Senate concurred in Governor's recommendation (27-Y 13-N) — **27–13** (pass) · upper
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- VOTE: Adoption (68-Y 27-N 1-A) — **67–27** (pass) · lower
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## Sponsors
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- David W. Marsden — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2024-01-09** Prefiled and ordered printed; offered 01/10/24 24104921D `filing, introduction`
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- **2024-01-09** Referred to Committee on Commerce and Labor `referral-committee`
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- **2024-01-31** Impact statement from SCC (SB454)
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- **2024-02-09** Senate committee, floor amendments and substitutes offered
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- **2024-02-09** Reported from Commerce and Labor with substitute (8-Y 7-N) `committee-passage`
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- **2024-02-09** Committee substitute printed 24106520D-S1 `substitution`
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- **2024-02-09** Constitutional reading dispensed (39-Y 0-N)
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- **2024-02-12** Read second time `reading-2`
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- **2024-02-12** Reading of substitute waived
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- **2024-02-12** Committee substitute agreed to 24106520D-S1 `substitution`
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- **2024-02-12** Engrossed by Senate - committee substitute SB454S1 `substitution`
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- **2024-02-13** Read third time and passed Senate (20-Y 16-N) `passage, reading-3`
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- **2024-02-16** Placed on Calendar
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- **2024-02-16** Read first time `reading-1`
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- **2024-02-16** Referred to Committee on Labor and Commerce `referral-committee`
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- **2024-02-16** Impact statement from SCC (SB454S1)
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- **2024-02-27** Reported from Labor and Commerce with substitute (14-Y 7-N) `committee-passage`
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- **2024-02-27** Committee substitute printed 24108309D-H1 `substitution`
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- **2024-02-29** Read second time `reading-2`
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- **2024-03-01** Passed by for the day
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- **2024-03-04** Passed by for the day
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- **2024-03-05** Passed by for the day
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- **2024-03-06** Read third time `reading-3`
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- **2024-03-06** Committee on Labor and Commerce substitute rejected 24108309D-H1
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- **2024-03-06** Passed by temporarily
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- **2024-03-06** House committee, floor amendments and substitutes offered
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- **2024-03-06** Amendments by Delegate Mundon King agreed to `amendment-passage`
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- **2024-03-06** Motion to rerefer to committee on Labor and Commerce by Delegate Ware rejected `referral-committee`
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- **2024-03-06** Passed House with amendments (52-Y 44-N 1-A) `passage`
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- **2024-03-06** VOTE: Passage (52-Y 44-N 1-A) `passage`
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- **2024-03-07** House amendments agreed to by Senate (26-Y 14-N) `amendment-passage`
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- **2024-03-08** Impact statement from SCC (SB454H1)
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- **2024-03-25** Enrolled `enrolled`
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- **2024-03-25** Bill text as passed Senate and House (SB454ER) `passage`
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- **2024-03-25** Signed by President `passage`
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- **2024-03-26** Signed by Speaker `passage`
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- **2024-03-27** Enrolled Bill Communicated to Governor on March 27, 2024 `enrolled`
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- **2024-03-27** Governor's Action Deadline 11:59 p.m., April 8, 2024 `executive-receipt`
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- **2024-04-08** Governor's recommendation received by Senate `executive-veto-line-item`
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- **2024-04-08** Governor's substitute printed 24109376D-S2
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- **2024-04-17** Senate concurred in Governor's recommendation (27-Y 13-N)
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- **2024-04-17** House concurred in Governor's recommendation (68-Y 27-N 1-A)
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- **2024-04-17** VOTE: Adoption (68-Y 27-N 1-A)
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- **2024-04-17** Governor's recommendation adopted `executive-signature`
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- **2024-04-17** Reenrolled `enrolled`
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- **2024-04-17** Reenrolled bill text (SB454ER2) `enrolled`
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- **2024-04-17** Signed by President as reenrolled `enrolled, passage`
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- **2024-04-17** Signed by Speaker as reenrolled `enrolled, passage`
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- **2024-04-17** Enacted, Chapter 789 (effective 7/1/24) `became-law`
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- **2024-04-17** Acts of Assembly Chapter text (CHAP0789)
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- **2024-04-22** Impact statement from SCC (SB454ER)
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/1dc4deeb-8de5-4d79-9bf6-9b86754625da`. Confidence: reported (aggregated from official Virginia legislature records).
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