Fabio
106 lines
6.6 KiB
Markdown
106 lines
6.6 KiB
Markdown
---
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type: "Bill"
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title: "Electric utilities; performance-based regulatory framework."
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description: "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."
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jurisdiction: "us/states/va"
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legislature: "Virginia General Assembly"
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session: "2026"
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identifier: "HB 903"
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citation: "Virginia HB 903 (2026)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Richard C. \"Rip\" Sullivan, Jr."]
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version_count: 5
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action_count: 35
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vote_count: 10
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first_action: "2026-01-13"
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last_action: "2026-04-13"
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source: "openstates"
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source_identifier: "ocd-bill/3830c408-d370-49cc-b0d8-3ef269db21c9"
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source_url: "https://lis.virginia.gov/bill-details/20261/HB903"
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source_hash: "8fee99e7ce30dc49d4efe494ef97cfde53b76230d2279660d145a339483b2c3d"
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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 HB 903 (2026) — Electric utilities; performance-based regulatory framework.
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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.
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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. **Introduced** (filed) — [source](https://lis.blob.core.windows.net/files/1086385.PDF)
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2. **Finance and Appropriations Amendment** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1199901.HTML)
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3. **Rules Substitute** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1187355.PDF)
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4. **Senate Amendment** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1204042.HTML)
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5. **Enrolled** (enrolled) — [source](https://lis.blob.core.windows.net/files/1212435.PDF)
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## Votes
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- Subcommittee recommends reporting — **7–0** (pass) · lower
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- Reported from Rules — **16–0** (pass) · lower
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- H VOTE: — **84–13** (pass) · lower
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- Reported from Rules with substitute — **12–3** (pass) · upper
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- H VOTE: — **96–0** (pass) · lower
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- Reported from Finance and Appropriations with amendment — **10–5** (pass) · upper
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- Constitutional reading dispensed (on 2nd reading) — **40–0** (pass) · upper
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- Subcommittee recommends reporting — **5–0** (pass) · lower
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- Passage R — **23–17** (pass) · upper
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- Reported from Appropriations — **22–0** (pass) · lower
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## Sponsors
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- Richard C. "Rip" Sullivan, Jr. — primary (person)
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- Stacey Annie Carroll — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2026-01-13** Prefiled and ordered printed; Offered 01-14-2026 26104384D `filing, introduction`
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- **2026-01-13** Referred to Committee on Rules `referral-committee`
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- **2026-01-30** Assigned HRUL sub: Studies Subcommittee `referral-committee`
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- **2026-02-01** Fiscal Impact Statement from State Corporation Commission (HB903)
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- **2026-02-02** Subcommittee recommends reporting and referring to Appropriations (5-Y 0-N)
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- **2026-02-06** Reported from Rules and referred to Appropriations (16-Y 0-N) `committee-passage`
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- **2026-02-06** Assigned HAPP sub: Commerce Agriculture & Natural Resources `referral-committee`
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- **2026-02-11** Subcommittee recommends reporting (7-Y 0-N)
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- **2026-02-11** Reported from Appropriations (22-Y 0-N) `committee-passage`
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- **2026-02-13** Read first time `reading-1`
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- **2026-02-16** Read second time and engrossed `reading-2`
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- **2026-02-17** Read third time and passed House (97-Y 0-N 0-A) `passage, reading-3`
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- **2026-02-18** Constitutional reading dispensed (on 1st reading)
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- **2026-02-18** Referred to Committee on Rules `referral-committee`
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- **2026-02-27** Reported from Rules with substitute and rereferred to Finance and Appropriations (12-Y 3-N) `committee-passage`
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- **2026-02-27** Committee substitute printed 26108813D-S1 `substitution`
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- **2026-03-06** Reported from Finance and Appropriations with amendment (10-Y 5-N) `committee-passage`
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- **2026-03-09** Rules suspended
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- **2026-03-09** Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
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- **2026-03-09** Passed by for the day Block Vote (Voice Vote)
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- **2026-03-10** Read third time `reading-3`
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- **2026-03-10** Rules Substitute agreed to
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- **2026-03-10** Finance and Appropriations Amendment agreed to `amendment-passage`
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- **2026-03-10** Engrossed by Senate - committee substitute as amended `substitution`
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- **2026-03-10** Passed Senate with substitute with amendment (23-Y 17-N 0-A) `passage`
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- **2026-03-11** Senate substitute with amendment agreed to by House (84-Y 13-N 0-A) `amendment-passage, substitution`
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- **2026-03-12** Fiscal Impact Statement from State Corporation Commission (HB903)
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- **2026-03-30** Enrolled `enrolled`
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- **2026-03-30** Bill text as passed House and Senate (HB903ER) `passage`
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- **2026-03-30** Signed by President `passage`
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- **2026-03-31** Signed by Speaker `passage`
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- **2026-03-31** Enrolled Bill communicated to Governor on March 31, 2026 `enrolled, executive-receipt`
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- **2026-03-31** Governor's Action Deadline 11:59 p.m., April 13, 2026 `executive-receipt`
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- **2026-04-06** Fiscal Impact Statement from State Corporation Commission (HB903)
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- **2026-04-13** Approved by Governor-Chapter 701 (effective 7/1/2026) `executive-signature`
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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/3830c408-d370-49cc-b0d8-3ef269db21c9`. Confidence: reported (aggregated from official Virginia legislature records).
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