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Electric utilities; performance-based regulation; work group; report. Directs the State Corporation Commission to convene a work group to design an effective regulatory framework to improve electric utility performance in the Commonwealth and submit a report of the work group's findings and recommendations to the General Assembly by October 31, 2026. This bill is a recommendation of the Commission on Electric Utility Regulation.
Introduced
Jan 13, 2026
Last Action
Mar 12, 2026
Session
VA 2026
Sponsors
1 primary · 1 co
Fiscal Impact Statement from State Corporation Commission (HB903)
Senate substitute with amendment agreed to by House (84-Y 13-N 0-A)
Engrossed by Senate - committee substitute as amended
Finance and Appropriations Amendment agreed to
Rules Substitute agreed to
Passed Senate with substitute with amendment (23-Y 17-N 0-A)
Read third time
Passed by for the day Block Vote (Voice Vote)
Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
Rules suspended
Reported from Finance and Appropriations with amendment (10-Y 5-N)
Reported from Rules with substitute and rereferred to Finance and Appropriations (12-Y 3-N)
Committee substitute printed 26108813D-S1
Referred to Committee on Rules
Constitutional reading dispensed (on 1st reading)
Read third time and passed House (97-Y 0-N 0-A)
Read second time and engrossed
Read first time
Subcommittee recommends reporting (7-Y 0-N)
Reported from Appropriations (22-Y 0-N)
Reported from Rules and referred to Appropriations (16-Y 0-N)
Assigned HAPP sub: Commerce Agriculture & Natural Resources
Subcommittee recommends reporting and referring to Appropriations (5-Y 0-N)
Fiscal Impact Statement from State Corporation Commission (HB903)
Assigned HRUL sub: Studies Subcommittee
Referred to Committee on Rules
Prefiled and ordered printed; Offered 01-14-2026 26104384D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Fiscal Impact Statement from State Corporation Commission (HB903)
Richard C. "Rip" Sullivan, Jr.
Stacey Annie Carroll