SB 505 VA

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Became Law

State Corporation Commission; electric utilities; fuel and purchased power cost risk mitigation practices. Directs the State Corporation Commission, in certain cost recovery proceedings and other annual filings as determined by the Commission, to examine the efficacy and sufficiency of fuel and purchased power cost risk mitigation practices by Dominion Energy and Appalachian Power. Under the bill, the Commission is required to include legislative recommendations related to effectively regulating fuel and purchased power cost risk in an existing report. This bill is identical to HB 1256.

• R. Creigh Deeds Democratic · primary

1. Jan 13, 2026 Prefiled and ordered printed; Offered 01-14-2026 26104695D · upper
2. Jan 13, 2026 Referred to Committee on Commerce and Labor · upper
3. Feb 5, 2026 Fiscal Impact Statement from State Corporation Commission (SB505) · upper
4. Feb 9, 2026 Senate committee offered · upper
5. Feb 9, 2026 Reported from Commerce and Labor with substitute (14-Y 0-N) · upper
6. Feb 10, 2026 Committee substitute printed 26107572D-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 Read second time · upper
11. Feb 12, 2026 Commerce and Labor Substitute agreed to · upper
12. Feb 12, 2026 Engrossed by Senate - committee substitute Block Vote (Voice Vote) · upper
13. Feb 13, 2026 Read third time and passed Senate (39-Y 0-N 0-A) · upper
14. Feb 16, 2026 Fiscal Impact Statement from State Corporation Commission (SB505) · 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 Labor and Commerce · lower
18. Feb 24, 2026 Reported from Labor and Commerce (21-Y 1-N) · lower
19. Feb 26, 2026 Read second time · lower
20. Feb 27, 2026 Read third time · lower
21. Feb 27, 2026 Passed House (96-Y 0-N 0-A) · lower
22. Mar 4, 2026 Enrolled · upper
23. Mar 4, 2026 Bill text as passed Senate and House (SB505ER) · upper
24. Mar 4, 2026 Signed by Speaker · lower
25. Mar 4, 2026 Signed by President · upper
26. Mar 10, 2026 Enrolled Bill communicated to Governor on March 10, 2026 · upper
27. Mar 10, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
28. Mar 12, 2026 Fiscal Impact Statement from State Corporation Commission (SB505) · upper
29. Mar 31, 2026 Approved by Governor-Chapter 30 (effective 7/1/2026) · executive
30. Mar 31, 2026 Acts of Assembly Chapter text (CHAP0030) · 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
• Commerce and Labor Substitute · PDF
• Commerce and Labor Substitute · HTML
• Commerce and Labor Substitute · PDF
• Commerce and Labor Substitute · HTML
• Introduced · PDF
• Introduced · HTML