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---
type: "Bill"
title: "Electric utilities; performance-based regulatory framework."
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 HB 903."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2026"
identifier: "SB 251"
citation: "Virginia SB 251 (2026)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Scott A. Surovell"]
version_count: 7
action_count: 36
vote_count: 7
first_action: "2026-01-12"
last_action: "2026-04-13"
source: "openstates"
source_identifier: "ocd-bill/390346c7-7a8f-4021-8f13-9b0acc30b3f4"
source_url: "https://lis.virginia.gov/bill-details/20261/SB251"
source_hash: "56448f0eab8cb68ca1f506867c6825d504bcd502a5f9ccf2275ec8489653e56f"
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 SB 251 (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 HB 903.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](https://lis.blob.core.windows.net/files/1086986.PDF)
2. **Chaptered** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1222270.PDF)
3. **Commerce and Labor Substitute** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1136029.PDF)
4. **House Amendment** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1206493.HTML)
5. **Rules Amendment** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1197612.HTML)
6. **Studies Subcommittee Subcommittee Amendment** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1187438.HTML)
7. **Enrolled** (enrolled) — [source](https://lis.blob.core.windows.net/files/1213367.PDF)
## Votes
- Reported from Commerce and Labor with substitute — **94** (pass) · upper
- Concur House Amendment R — **2317** (pass) · upper
- Passage R — **2316** (pass) · upper
- H VOTE: — **6233** (pass) · lower
- Reported from Rules with amendment(s) — **180** (pass) · lower
- Subcommittee recommends reporting with amendment(s) — **50** (pass) · lower
- Constitutional reading dispensed R — **400** (pass) · upper
## Sponsors
- Scott A. Surovell — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2026-01-12** Prefiled and ordered printed; Offered 01-14-2026 26104615D `filing, introduction`
- **2026-01-12** Referred to Committee on Commerce and Labor `referral-committee`
- **2026-02-03** Fiscal Impact Statement from State Corporation Commission (SB251)
- **2026-02-09** Senate committee offered
- **2026-02-09** Reported from Commerce and Labor with substitute (9-Y 4-N) `committee-passage`
- **2026-02-10** Committee substitute printed 26107513D-S1 `substitution`
- **2026-02-11** Rules suspended
- **2026-02-11** Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
- **2026-02-11** Passed by for the day Block Vote (Voice Vote)
- **2026-02-12** Fiscal Impact Statement from State Corporation Commission (SB251)
- **2026-02-12** Read second time `reading-2`
- **2026-02-12** Committee substitute agreed to (Voice Vote) `substitution`
- **2026-02-12** Engrossed by Senate - committee substitute (Voice Vote) `substitution`
- **2026-02-13** Read third time and passed Senate (23-Y 16-N 0-A) `passage, reading-3`
- **2026-02-18** Placed on Calendar
- **2026-02-18** Read first time `reading-1`
- **2026-02-18** Referred to Committee on Rules `referral-committee`
- **2026-03-01** Assigned HRUL sub: Studies Subcommittee `referral-committee`
- **2026-03-02** Subcommittee recommends reporting with amendment(s) (5-Y 0-N)
- **2026-03-06** Reported from Rules with amendment(s) (18-Y 0-N) `committee-passage`
- **2026-03-10** Read second time `reading-2`
- **2026-03-11** Moved from Uncontested Calendar to Regular Calendar
- **2026-03-11** Read third time `reading-3`
- **2026-03-11** committee amendment agreed to `amendment-passage`
- **2026-03-11** Engrossed by House as amended
- **2026-03-11** Passed House with amendment (62-Y 33-N 0-A) `passage`
- **2026-03-12** House amendment agreed to by Senate (23-Y 17-N 0-A) `amendment-passage`
- **2026-03-30** Enrolled `enrolled`
- **2026-03-30** Bill text as passed Senate and House (SB251ER) `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 (SB251)
- **2026-04-13** Approved by Governor-Chapter 702 (effective 7/1/2026) `executive-signature`
- **2026-04-13** Acts of Assembly Chapter text (CHAP0702)
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/390346c7-7a8f-4021-8f13-9b0acc30b3f4`. Confidence: reported (aggregated from official Virginia legislature records).