Fabio
104 lines
6.0 KiB
Markdown
104 lines
6.0 KiB
Markdown
---
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type: "Bill"
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title: "Electric utilities, certain; purchased power cost risk mitigation practices."
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description: "State Corporation Commission; electric utilities; fuel and purchased power cost risk mitigation practices. Directs the State Corporation Commission, in certain cost recovery proceedings and other annual filings as determined by the Commission, to examine the efficacy and sufficiency of fuel and purchased power cost risk mitigation practices by Dominion Energy and Appalachian Power. Under the bill, the Commission is required to include legislative recommendations related to effectively regulating fuel and purchased power cost risk in an existing report. This bill is identical to SB 505."
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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 1256"
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citation: "Virginia HB 1256 (2026)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Irene Shin"]
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version_count: 5
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action_count: 33
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vote_count: 8
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first_action: "2026-01-14"
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last_action: "2026-04-06"
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source: "openstates"
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source_identifier: "ocd-bill/6d3a3f94-56d3-4558-b959-793afcf2e92a"
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source_url: "https://lis.virginia.gov/bill-details/20261/HB1256"
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source_hash: "2d3998d6e6cac0c68bc91ff4cdf1ffd1cdcc640a62d59a649ef8560cc31bf4d3"
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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 1256 (2026) — Electric utilities, certain; purchased power cost risk mitigation practices.
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State Corporation Commission; electric utilities; fuel and purchased power cost risk mitigation practices. Directs the State Corporation Commission, in certain cost recovery proceedings and other annual filings as determined by the Commission, to examine the efficacy and sufficiency of fuel and purchased power cost risk mitigation practices by Dominion Energy and Appalachian Power. Under the bill, the Commission is required to include legislative recommendations related to effectively regulating fuel and purchased power cost risk in an existing report. This bill is identical to SB 505.
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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/1087918.PDF)
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2. **Chaptered** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1217194.PDF)
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3. **Labor and Commerce Substitute** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1145931.PDF)
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4. **Subcommittee #3 Subcommittee Substitute** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1139479.PDF)
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5. **Enrolled** (enrolled) — [source](https://lis.blob.core.windows.net/files/1212451.PDF)
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## Votes
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- Reconsider R — **40–0** (pass) · upper
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- Reported from Commerce and Labor — **15–0** (pass) · upper
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- Passage R — **39–0** (pass) · upper
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- Reported from Labor and Commerce with substitute — **20–0** (pass) · lower
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- Passage R — **40–0** (pass) · upper
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- H VOTE: — **96–0** (pass) · lower
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- Subcommittee recommends reporting with substitute — **8–0** (pass) · lower
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- Constitutional reading dispensed (on 2nd reading) — **37–0** (pass) · upper
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## Sponsors
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- Irene Shin — primary (person)
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- Atoosa R. Reaser — cosponsor (person)
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- Elizabeth R. Guzman — cosponsor (person)
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- Saddam Azlan Salim — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2026-01-14** Prefiled and ordered printed; Offered 01-14-2026 26101578D `filing, introduction`
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- **2026-01-14** Referred to Committee on Labor and Commerce `referral-committee`
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- **2026-01-27** Assigned HCL sub: Subcommittee #3 `referral-committee`
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- **2026-02-01** Fiscal Impact Statement from State Corporation Commission (HB1256)
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- **2026-02-10** House subcommittee offered
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- **2026-02-10** Subcommittee recommends reporting with substitute (8-Y 0-N) `substitution`
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- **2026-02-12** Reported from Labor and Commerce with substitute (20-Y 0-N) `committee-passage`
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- **2026-02-13** Committee substitute printed 26107686D-H1 `substitution`
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- **2026-02-15** Read first time `reading-1`
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- **2026-02-16** Read second time `reading-2`
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- **2026-02-16** committee substitute agreed to `substitution`
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- **2026-02-16** Engrossed by House - committee substitute `substitution`
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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 Commerce and Labor `referral-committee`
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- **2026-02-19** Fiscal Impact Statement from State Corporation Commission (HB1256)
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- **2026-03-09** Reported from Commerce and Labor (15-Y 0-N) `committee-passage`
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- **2026-03-10** Rules suspended
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- **2026-03-10** Constitutional reading dispensed (on 2nd reading) (37-Y 0-N 0-A)
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- **2026-03-10** Passed by for the day (Voice Vote)
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- **2026-03-11** Read third time `reading-3`
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- **2026-03-11** Passed Senate Block Vote (39-Y 0-N 0-A) `passage`
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- **2026-03-11** Reconsideration of Senate passage agreed to by Senate (40-Y 0-N 0-A)
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- **2026-03-11** Passed Senate Block Vote (40-Y 0-N 0-A) `passage`
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- **2026-03-30** Enrolled `enrolled`
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- **2026-03-30** Bill text as passed House and Senate (HB1256ER) `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 (HB1256)
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- **2026-04-06** Approved by Governor-Chapter 280 (effective 7/1/2026) `executive-signature`
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- **2026-04-06** Acts of Assembly Chapter text (CHAP0280)
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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/6d3a3f94-56d3-4558-b959-793afcf2e92a`. Confidence: reported (aggregated from official Virginia legislature records).
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