republic-os/legislation/us/states/va/2026/hb-903.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Electric utilities; performance-based regulatory framework.	Electric utilities; performance-based regulation; work group; report. Directs the State Corporation Commission to independently consider whether elements of an effective performance-based regulatory framework to evaluate and potentially improve electric utility performance and cost control incentives in the Commonwealth are in the public interest and to develop related legislative recommendations. The bill requires the Commission to include its findings and recommendations in a report required by existing law by July 1, 2027. As introduced, this bill was a recommendation of the Commission on Electric Utility Regulation. This bill is identical to SB 251.	us/states/va	Virginia General Assembly	2026	HB 903	Virginia HB 903 (2026)	bill		enacted	Richard C. "Rip" Sullivan, Jr.	5	35	10	2026-01-13	2026-04-13	openstates	ocd-bill/3830c408-d370-49cc-b0d8-3ef269db21c9	https://lis.virginia.gov/bill-details/20261/HB903	8fee99e7ce30dc49d4efe494ef97cfde53b76230d2279660d145a339483b2c3d	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-va

Virginia HB 903 (2026) — Electric utilities; performance-based regulatory framework.

Electric utilities; performance-based regulation; work group; report. Directs the State Corporation Commission to independently consider whether elements of an effective performance-based regulatory framework to evaluate and potentially improve electric utility performance and cost control incentives in the Commonwealth are in the public interest and to develop related legislative recommendations. The bill requires the Commission to include its findings and recommendations in a report required by existing law by July 1, 2027. As introduced, this bill was a recommendation of the Commission on Electric Utility Regulation. This bill is identical to SB 251.

Version chain

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

1. Introduced (filed) — source
2. Finance and Appropriations Amendment (committee substitute) — source
3. Rules Substitute (committee substitute) — source
4. Senate Amendment (committee substitute) — source
5. Enrolled (enrolled) — source

Votes

• Subcommittee recommends reporting — 7–0 (pass) · lower
• Reported from Rules — 16–0 (pass) · lower
• H VOTE: — 84–13 (pass) · lower
• Reported from Rules with substitute — 12–3 (pass) · upper
• H VOTE: — 96–0 (pass) · lower
• Reported from Finance and Appropriations with amendment — 10–5 (pass) · upper
• Constitutional reading dispensed (on 2nd reading) — 40–0 (pass) · upper
• Subcommittee recommends reporting — 5–0 (pass) · lower
• Passage R — 23–17 (pass) · upper
• Reported from Appropriations — 22–0 (pass) · lower

Sponsors

• Richard C. "Rip" Sullivan, Jr. — primary (person)
• Stacey Annie Carroll — cosponsor (person)

Timeline

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

• 2026-01-13 Prefiled and ordered printed; Offered 01-14-2026 26104384D filing, introduction
• 2026-01-13 Referred to Committee on Rules referral-committee
• 2026-01-30 Assigned HRUL sub: Studies Subcommittee referral-committee
• 2026-02-01 Fiscal Impact Statement from State Corporation Commission (HB903)
• 2026-02-02 Subcommittee recommends reporting and referring to Appropriations (5-Y 0-N)
• 2026-02-06 Reported from Rules and referred to Appropriations (16-Y 0-N) committee-passage
• 2026-02-06 Assigned HAPP sub: Commerce Agriculture & Natural Resources referral-committee
• 2026-02-11 Subcommittee recommends reporting (7-Y 0-N)
• 2026-02-11 Reported from Appropriations (22-Y 0-N) committee-passage
• 2026-02-13 Read first time reading-1
• 2026-02-16 Read second time and engrossed reading-2
• 2026-02-17 Read third time and passed House (97-Y 0-N 0-A) passage, reading-3
• 2026-02-18 Constitutional reading dispensed (on 1st reading)
• 2026-02-18 Referred to Committee on Rules referral-committee
• 2026-02-27 Reported from Rules with substitute and rereferred to Finance and Appropriations (12-Y 3-N) committee-passage
• 2026-02-27 Committee substitute printed 26108813D-S1 substitution
• 2026-03-06 Reported from Finance and Appropriations with amendment (10-Y 5-N) committee-passage
• 2026-03-09 Rules suspended
• 2026-03-09 Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
• 2026-03-09 Passed by for the day Block Vote (Voice Vote)
• 2026-03-10 Read third time reading-3
• 2026-03-10 Rules Substitute agreed to
• 2026-03-10 Finance and Appropriations Amendment agreed to amendment-passage
• 2026-03-10 Engrossed by Senate - committee substitute as amended substitution
• 2026-03-10 Passed Senate with substitute with amendment (23-Y 17-N 0-A) passage
• 2026-03-11 Senate substitute with amendment agreed to by House (84-Y 13-N 0-A) amendment-passage, substitution
• 2026-03-12 Fiscal Impact Statement from State Corporation Commission (HB903)
• 2026-03-30 Enrolled enrolled
• 2026-03-30 Bill text as passed House and Senate (HB903ER) passage
• 2026-03-30 Signed by President passage
• 2026-03-31 Signed by Speaker passage
• 2026-03-31 Enrolled Bill communicated to Governor on March 31, 2026 enrolled, executive-receipt
• 2026-03-31 Governor's Action Deadline 11:59 p.m., April 13, 2026 executive-receipt
• 2026-04-06 Fiscal Impact Statement from State Corporation Commission (HB903)
• 2026-04-13 Approved by Governor-Chapter 701 (effective 7/1/2026) executive-signature

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/3830c408-d370-49cc-b0d8-3ef269db21c9. Confidence: reported (aggregated from official Virginia legislature records).