HB 1256 VA Became Law
Electric utilities, certain; purchased power cost risk mitigation practices.
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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)
- Irene Shin Democratic · primary
3 coauthors / cosponsors
- Elizabeth R. Guzman Democratic · cosponsor
- Atoosa R. Reaser Democratic · cosponsor
- Saddam Azlan Salim Democratic · cosponsor
Action history (33)
- Jan 14, 2026 Prefiled and ordered printed; Offered 01-14-2026 26101578D · lower
- Jan 14, 2026 Referred to Committee on Labor and Commerce · lower
- Jan 27, 2026 Assigned HCL sub: Subcommittee #3 · lower
- Feb 1, 2026 Fiscal Impact Statement from State Corporation Commission (HB1256) · lower
- Feb 10, 2026 House subcommittee offered · lower
- Feb 10, 2026 Subcommittee recommends reporting with substitute (8-Y 0-N) · lower
- Feb 12, 2026 Reported from Labor and Commerce with substitute (20-Y 0-N) · lower
- Feb 13, 2026 Committee substitute printed 26107686D-H1 · lower
- Feb 15, 2026 Read first time · lower
- Feb 16, 2026 Read second time · lower
- Feb 16, 2026 committee substitute agreed to · lower
- Feb 16, 2026 Engrossed by House - committee substitute · lower
- Feb 17, 2026 Read third time and passed House (97-Y 0-N 0-A) · lower
- Feb 18, 2026 Constitutional reading dispensed (on 1st reading) · upper
- Feb 18, 2026 Referred to Committee on Commerce and Labor · upper
- Feb 19, 2026 Fiscal Impact Statement from State Corporation Commission (HB1256) · lower
- Mar 9, 2026 Reported from Commerce and Labor (15-Y 0-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 Block Vote (39-Y 0-N 0-A) · upper
- Mar 11, 2026 Reconsideration of Senate passage agreed to by Senate (40-Y 0-N 0-A) · upper
- Mar 11, 2026 Passed Senate Block Vote (40-Y 0-N 0-A) · upper
- Mar 30, 2026 Enrolled · lower
- Mar 30, 2026 Bill text as passed House and Senate (HB1256ER) · 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 (HB1256) · lower
- Apr 6, 2026 Approved by Governor-Chapter 280 (effective 7/1/2026) · executive
- 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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