HB 903 VA

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Became Law

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 SB 251.

• Richard C. "Rip" Sullivan, Jr. Democratic · primary

1. Jan 13, 2026 Prefiled and ordered printed; Offered 01-14-2026 26104384D · lower
2. Jan 13, 2026 Referred to Committee on Rules · lower
3. Jan 30, 2026 Assigned HRUL sub: Studies Subcommittee · lower
4. Feb 1, 2026 Fiscal Impact Statement from State Corporation Commission (HB903) · lower
5. Feb 2, 2026 Subcommittee recommends reporting and referring to Appropriations (5-Y 0-N) · lower
6. Feb 6, 2026 Reported from Rules and referred to Appropriations (16-Y 0-N) · lower
7. Feb 6, 2026 Assigned HAPP sub: Commerce Agriculture & Natural Resources · lower
8. Feb 11, 2026 Subcommittee recommends reporting (7-Y 0-N) · lower
9. Feb 11, 2026 Reported from Appropriations (22-Y 0-N) · lower
10. Feb 13, 2026 Read first time · lower
11. Feb 16, 2026 Read second time and engrossed · lower
12. Feb 17, 2026 Read third time and passed House (97-Y 0-N 0-A) · lower
13. Feb 18, 2026 Constitutional reading dispensed (on 1st reading) · upper
14. Feb 18, 2026 Referred to Committee on Rules · upper
15. Feb 27, 2026 Reported from Rules with substitute and rereferred to Finance and Appropriations (12-Y 3-N) · upper
16. Feb 27, 2026 Committee substitute printed 26108813D-S1 · upper
17. Mar 6, 2026 Reported from Finance and Appropriations with amendment (10-Y 5-N) · upper
18. Mar 9, 2026 Rules suspended · upper
19. Mar 9, 2026 Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A) · upper
20. Mar 9, 2026 Passed by for the day Block Vote (Voice Vote) · upper
21. Mar 10, 2026 Read third time · upper
22. Mar 10, 2026 Rules Substitute agreed to · upper
23. Mar 10, 2026 Finance and Appropriations Amendment agreed to · upper
24. Mar 10, 2026 Engrossed by Senate - committee substitute as amended · upper
25. Mar 10, 2026 Passed Senate with substitute with amendment (23-Y 17-N 0-A) · upper
26. Mar 11, 2026 Senate substitute with amendment agreed to by House (84-Y 13-N 0-A) · lower
27. Mar 12, 2026 Fiscal Impact Statement from State Corporation Commission (HB903) · lower
28. Mar 30, 2026 Enrolled · lower
29. Mar 30, 2026 Bill text as passed House and Senate (HB903ER) · lower
30. Mar 30, 2026 Signed by President · upper
31. Mar 31, 2026 Signed by Speaker · lower
32. Mar 31, 2026 Enrolled Bill communicated to Governor on March 31, 2026 · lower
33. Mar 31, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
34. Apr 6, 2026 Fiscal Impact Statement from State Corporation Commission (HB903) · lower
35. Apr 13, 2026 Approved by Governor-Chapter 701 (effective 7/1/2026) · executive

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.

• Enrolled · PDF
• Enrolled · HTML
• Senate Amendment · HTML
• Finance and Appropriations Amendment · HTML
• Rules Substitute · PDF
• Rules Substitute · HTML
• Introduced · PDF
• Introduced · HTML