SB 850

  • Virginia Senate Bill
  • 2025 Regular Session
  • Introduced in Senate Jan 02, 2025
  • Passed Senate Jan 20, 2025
  • Passed House Feb 12, 2025
  • Signed by Governor Mar 24, 2025

Water & wastewater utilities; eligible infrastructure replacement and enhancement.

Abstract

Water utilities and wastewater utilities; eligible infrastructure replacement and enhancement; cost recovery. Permits a water or wastewater utility to petition the State Corporation Commission for the approval of an eligible infrastructure replacement and enhancement plan, as defined in the bill. The bill requires that a water or wastewater utility that receives approval for an eligible infrastructure replacement and enhancement rider shall provide a proposed earnings test for informational purposes in each annual informational filing or base rate proceeding filed with the State Corporation Commission before December 1, 2030. The provisions of the bill expire on July 1, 2035. As introduced, this bill was a recommendation of the State Water Commission. This bill is identical to HB 2711.

An Act to amend the Code of Virginia by adding in Title 56 a chapter numbered 31, consisting of sections numbered 56-626 and 56-627, relating to water utilities and wastewater utilities; eligible infrastructure replacement and enhancement; cost recovery.

Bill Sponsors (1)

Votes


Actions


Mar 24, 2025

Office of the Governor

Acts of Assembly Chapter text (CHAP0599)

Office of the Governor

Approved by Governor-Chapter 599 (Effective 07/01/25)

Senate

Fiscal Impact Statement from State Corporation Commission (SB850)

Mar 03, 2025

Office of the Governor

Governor's Action Deadline 11:59 p.m., March 24, 2025

Senate

Enrolled Bill Communicated to Governor on March 3, 2025

Feb 20, 2025

Senate

Signed by President

Feb 18, 2025

Senate

Bill text as passed Senate and House (SB850ER)

House

Signed by Speaker

Senate

Enrolled

Feb 14, 2025

Senate

House substitute agreed to by Senate (35-Y 0-N)

Feb 13, 2025

Senate

Fiscal Impact Statement from State Corporation Commission (SB850)

Feb 12, 2025

House

Labor and Commerce Substitute agreed to

House

Passed House with substitute (87-Y 10-N)

House

Engrossed by House - committee substitute

House

Read third time

Feb 11, 2025

House

Passed by for the day

Feb 10, 2025

House

Read second time

Feb 06, 2025

House

Reported from Labor and Commerce with substitute (17-Y 4-N)

House

Committee substitute printed 25106828D-H1

Feb 05, 2025

House

Referred to Committee on Labor and Commerce

House

Read first time

House

Placed on Calendar

Feb 02, 2025

Senate

Fiscal Impact Statement from State Corporation Commission (SB850)

Jan 20, 2025

Senate

Read third time and passed Senate (38-Y 2-N)

Jan 17, 2025

Senate

Passed by for the day

Jan 16, 2025

Senate

Reading of substitute waived

Senate

Engrossed by Senate - committee substitute

Senate

Commerce and Labor Substitute agreed to

Senate

Read second time

Jan 15, 2025

Senate

Constitutional reading dispensed (on 1st reading) (38-Y 0-N)

Senate

Passed by for the day

Senate

Rules suspended

Senate

Fiscal Impact Statement from State Corporation Commission (SB850)

Jan 13, 2025

Senate

Committee substitute printed 25104759D-S1

Senate

Reported from Commerce and Labor with substitute (12-Y 1-N 2-A)

Jan 02, 2025

Senate

Prefiled and ordered printed; Offered 01-08-2025 25103476D

Senate

Referred to Committee on Commerce and Labor

Bill Text

Bill Text Versions Format
Chaptered HTML PDF
Enrolled HTML PDF
Labor and Commerce Substitute HTML PDF
Commerce and Labor Substitute HTML PDF
Introduced HTML PDF

Related Documents

Document Format
Fiscal Impact Statement from State Corporation Commission (SB850) PDF PDF PDF PDF

Sources

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