SB 251 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 HB 903.

• Scott A. Surovell Democratic · primary

1. Jan 12, 2026 Prefiled and ordered printed; Offered 01-14-2026 26104615D · upper
2. Jan 12, 2026 Referred to Committee on Commerce and Labor · upper
3. Feb 3, 2026 Fiscal Impact Statement from State Corporation Commission (SB251) · upper
4. Feb 9, 2026 Senate committee offered · upper
5. Feb 9, 2026 Reported from Commerce and Labor with substitute (9-Y 4-N) · upper
6. Feb 10, 2026 Committee substitute printed 26107513D-S1 · upper
7. Feb 11, 2026 Rules suspended · upper
8. Feb 11, 2026 Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A) · upper
9. Feb 11, 2026 Passed by for the day Block Vote (Voice Vote) · upper
10. Feb 12, 2026 Fiscal Impact Statement from State Corporation Commission (SB251) · upper
11. Feb 12, 2026 Read second time · upper
12. Feb 12, 2026 Committee substitute agreed to (Voice Vote) · upper
13. Feb 12, 2026 Engrossed by Senate - committee substitute (Voice Vote) · upper
14. Feb 13, 2026 Read third time and passed Senate (23-Y 16-N 0-A) · upper
15. Feb 18, 2026 Placed on Calendar · lower
16. Feb 18, 2026 Read first time · lower
17. Feb 18, 2026 Referred to Committee on Rules · lower
18. Mar 1, 2026 Assigned HRUL sub: Studies Subcommittee · lower
19. Mar 2, 2026 Subcommittee recommends reporting with amendment(s) (5-Y 0-N) · lower
20. Mar 6, 2026 Reported from Rules with amendment(s) (18-Y 0-N) · lower
21. Mar 10, 2026 Read second time · lower
22. Mar 11, 2026 Moved from Uncontested Calendar to Regular Calendar · lower
23. Mar 11, 2026 Read third time · lower
24. Mar 11, 2026 committee amendment agreed to · lower
25. Mar 11, 2026 Engrossed by House as amended · lower
26. Mar 11, 2026 Passed House with amendment (62-Y 33-N 0-A) · lower
27. Mar 12, 2026 House amendment agreed to by Senate (23-Y 17-N 0-A) · upper
28. Mar 30, 2026 Enrolled · upper
29. Mar 30, 2026 Bill text as passed Senate and House (SB251ER) · upper
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 · upper
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 (SB251) · upper
35. Apr 13, 2026 Approved by Governor-Chapter 702 (effective 7/1/2026) · executive
36. Apr 13, 2026 Acts of Assembly Chapter text (CHAP0702) · 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.

• Chaptered · PDF
• Chaptered · HTML
• Enrolled · PDF
• Enrolled · HTML
• House Amendment · HTML
• Rules Amendment · HTML
• Studies Subcommittee Subcommittee Amendment · HTML
• Commerce and Labor Substitute · PDF
• Commerce and Labor Substitute · HTML
• Commerce and Labor Substitute · PDF
• Commerce and Labor Substitute · HTML
• Introduced · PDF
• Introduced · HTML