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HB 1256 VA
Became Law

Electric utilities, certain; purchased power cost risk mitigation practices.

VA · session 2026 · Assembly / House · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 14, 2026

Latest action (Apr 6, 2026) Acts of Assembly Chapter text (CHAP0280)

Summary

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 SB 505.

Sponsor (1)

3 coauthors / cosponsors

Action history (33)

  1. Jan 14, 2026 Prefiled and ordered printed; Offered 01-14-2026 26101578D · lower
  2. Jan 14, 2026 Referred to Committee on Labor and Commerce · lower
  3. Jan 27, 2026 Assigned HCL sub: Subcommittee #3 · lower
  4. Feb 1, 2026 Fiscal Impact Statement from State Corporation Commission (HB1256) · lower
  5. Feb 10, 2026 House subcommittee offered · lower
  6. Feb 10, 2026 Subcommittee recommends reporting with substitute (8-Y 0-N) · lower
  7. Feb 12, 2026 Reported from Labor and Commerce with substitute (20-Y 0-N) · lower
  8. Feb 13, 2026 Committee substitute printed 26107686D-H1 · lower
  9. Feb 15, 2026 Read first time · lower
  10. Feb 16, 2026 Read second time · lower
  11. Feb 16, 2026 committee substitute agreed to · lower
  12. Feb 16, 2026 Engrossed by House - committee substitute · lower
  13. Feb 17, 2026 Read third time and passed House (97-Y 0-N 0-A) · lower
  14. Feb 18, 2026 Constitutional reading dispensed (on 1st reading) · upper
  15. Feb 18, 2026 Referred to Committee on Commerce and Labor · upper
  16. Feb 19, 2026 Fiscal Impact Statement from State Corporation Commission (HB1256) · lower
  17. Mar 9, 2026 Reported from Commerce and Labor (15-Y 0-N) · upper
  18. Mar 10, 2026 Rules suspended · upper
  19. Mar 10, 2026 Constitutional reading dispensed (on 2nd reading) (37-Y 0-N 0-A) · upper
  20. Mar 10, 2026 Passed by for the day (Voice Vote) · upper
  21. Mar 11, 2026 Read third time · upper
  22. Mar 11, 2026 Passed Senate Block Vote (39-Y 0-N 0-A) · upper
  23. Mar 11, 2026 Reconsideration of Senate passage agreed to by Senate (40-Y 0-N 0-A) · upper
  24. Mar 11, 2026 Passed Senate Block Vote (40-Y 0-N 0-A) · upper
  25. Mar 30, 2026 Enrolled · lower
  26. Mar 30, 2026 Bill text as passed House and Senate (HB1256ER) · lower
  27. Mar 30, 2026 Signed by President · upper
  28. Mar 31, 2026 Signed by Speaker · lower
  29. Mar 31, 2026 Enrolled Bill communicated to Governor on March 31, 2026 · lower
  30. Mar 31, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
  31. Apr 6, 2026 Fiscal Impact Statement from State Corporation Commission (HB1256) · lower
  32. Apr 6, 2026 Approved by Governor-Chapter 280 (effective 7/1/2026) · executive
  33. Apr 6, 2026 Acts of Assembly Chapter text (CHAP0280) · 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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Data from OpenStates. View on OpenStates →