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Utility consumer services cooperatives; substation construction agreements. Permits an electric cooperative to enter into an agreement to construct a substation with a member receiving regulated electric service, with an electric demand of at least 20 megawatts during the most recent calendar year, that requires a point of interconnection with a transmission line system of 230 kilovolts or more. The bill provides that, upon final completion of a substation constructed under such an agreement, the member shall transfer ownership of such substation to the cooperative for the cooperative to operate and maintain at the member's sole expense. Under the bill, the costs of acquisition, operation, or maintenance of such a substation shall be excluded from the cooperative's general and base rates and shall not be recovered from any other ratepayer. This bill is identical to HB 1191.
Introduced
Jan 13, 2026
Last Action
Mar 10, 2026
Session
VA 2026
Sponsors
1 primary · 3 co
Enrolled Bill communicated to Governor on March 10, 2026
Governor's Action Deadline 11:59 p.m., April 13, 2026
Fiscal Impact Statement from State Corporation Commission (SB377)
Enrolled
Signed by President
Signed by Speaker
Bill text as passed Senate and House (SB377ER)
Passed House (96-Y 0-N 0-A)
Read third time
Read second time
Reported from Labor and Commerce (22-Y 0-N)
Placed on Calendar
Referred to Committee on Labor and Commerce
Read first time
Fiscal Impact Statement from State Corporation Commission (SB377)
Read third time and passed Senate (39-Y 0-N 0-A)
Floor substitute printed 26107668D-S2 (Surovell)
Engrossed by Senate - floor substitute (Voice Vote)
Senator Surovell Substitute agreed to
Reading of substitute waived (Voice Vote)
Floor offered Senator Surovell Substitute
Committee substitute rejected (Voice Vote)
Read second time
Rules suspended
Passed by for the day Block Vote (Voice Vote)
Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
Committee substitute printed 26107087D-S1
Senate committee offered
Reported from Commerce and Labor with substitute (12-Y 0-N 2-A)
Fiscal Impact Statement from State Corporation Commission (SB377)
Referred to Committee on Commerce and Labor
Prefiled and ordered printed; Offered 01-14-2026 26105247D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Governor's Action Deadline 11:59 p.m., April 13, 2026
Scott A. Surovell