HB 422 VA Became Law
Water utilities; prohibition of multiple rate increases within 3-year period for water utilities.
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Summary
Water utilities; prohibition of multiple rate increases within three-year period for water utilities. Prohibits a public utility authorized to furnish water or water and sewer service from filing an application for a rate increase more frequently than once in any three-year period. The bill provides exceptions to such prohibition for the utility to file an application (i) for a decrease in rates; (ii) limited to a rate adjustment clause, rider, or surcharge; (iii) for a temporary emergency increase in rates; or (iv) for an increase upon a finding by the State Corporation Commission that extraordinary circumstances exist. The provisions of the bill do not become effective unless reenacted by the 2027 Session of the General Assembly.
Sponsor (1)
- Nicole Cole Democratic · primary
10 coauthors / cosponsors
- Bonita G. Anthony Democratic · cosponsor
- Elizabeth B. Bennett-Parker Democratic · cosponsor
- Stacey Annie Carroll · cosponsor
- Nadarius E. Clark Democratic · cosponsor
- Joshua G. Cole Democratic · cosponsor
- Michael B. Feggans Democratic · cosponsor
- Thomas A. Garrett, Jr. Republican · cosponsor
- May Nivar Democratic · cosponsor
- Marcia S. "Cia" Price Democratic · cosponsor
- Irene Shin Democratic · cosponsor
Action history (31)
- Jan 12, 2026 Prefiled and ordered printed; Offered 01-14-2026 26103989D · lower
- Jan 12, 2026 Referred to Committee on Labor and Commerce · lower
- Jan 19, 2026 Assigned HCL sub: Subcommittee #3 · lower
- Jan 19, 2026 Fiscal Impact Statement from State Corporation Commission (HB422) · lower
- Jan 27, 2026 House subcommittee offered · lower
- Jan 27, 2026 Subcommittee recommends reporting with substitute (6-Y 1-N) · lower
- Jan 29, 2026 Reported from Labor and Commerce with substitute (15-Y 7-N) · lower
- Jan 29, 2026 Committee substitute printed 26106002D-H1 · lower
- Feb 2, 2026 Read first time · lower
- Feb 2, 2026 Fiscal Impact Statement from State Corporation Commission (HB422) · lower
- Feb 3, 2026 Read second time · lower
- Feb 3, 2026 committee substitute agreed to · lower
- Feb 3, 2026 Engrossed by House - committee substitute · lower
- Feb 4, 2026 Read third time and passed House (69-Y 29-N 0-A) · lower
- Feb 5, 2026 Constitutional reading dispensed (on 1st reading) · upper
- Feb 5, 2026 Referred to Committee on Commerce and Labor · upper
- Mar 9, 2026 Reported from Commerce and Labor (14-Y 1-N) · upper
- Mar 10, 2026 Rules suspended · upper
- Mar 10, 2026 Constitutional reading dispensed (on 2nd reading) (37-Y 0-N 0-A) · upper
- Mar 10, 2026 Passed by for the day (Voice Vote) · upper
- Mar 11, 2026 Read third time · upper
- Mar 11, 2026 Passed Senate (28-Y 12-N 0-A) · upper
- Mar 30, 2026 Enrolled · lower
- Mar 30, 2026 Bill text as passed House and Senate (HB422ER) · lower
- Mar 30, 2026 Signed by President · upper
- Mar 31, 2026 Signed by Speaker · lower
- Mar 31, 2026 Enrolled Bill communicated to Governor on March 31, 2026 · lower
- Mar 31, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
- Apr 6, 2026 Fiscal Impact Statement from State Corporation Commission (HB422) · lower
- Apr 8, 2026 Approved by Governor-Chapter 390 (effective 7/1/2026) · executive
- Apr 8, 2026 Acts of Assembly Chapter text (CHAP0390) · executive
Text versions (12)
The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.
- Chaptered · PDF
- Chaptered · HTML
- Enrolled · PDF
- Enrolled · HTML
- Labor and Commerce Substitute · PDF
- Labor and Commerce Substitute · HTML
- Labor and Commerce Substitute · PDF
- Labor and Commerce Substitute · HTML
- Subcommittee #3 Subcommittee Substitute · PDF
- Subcommittee #3 Subcommittee Substitute · HTML
- Introduced · PDF
- Introduced · HTML
Full text
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