SB 377 VA Became Law
Electric substation construction agreements; "electric cooperatives" or "cooperative", definitions.
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Summary
Utility consumer services cooperatives; substation construction agreements. Permits an electric cooperative to enter into an agreement to construct a substation with a member receiving regulated electric service, with an electric demand of at least 20 megawatts during the most recent calendar year, that requires a point of interconnection with a transmission line system of 230 kilovolts or more. The bill provides that, upon final completion of a substation constructed under such an agreement, the member shall transfer ownership of such substation to the cooperative for the cooperative to operate and maintain at the member's sole expense. Under the bill, the costs of acquisition, operation, or maintenance of such a substation shall be excluded from the cooperative's general and base rates and shall not be recovered from any other ratepayer. This bill is identical to HB 1191.
Sponsor (1)
- Scott A. Surovell Democratic · primary
3 coauthors / cosponsors
- Lamont Bagby Democratic · cosponsor
- Christie New Craig Republican · cosponsor
- Todd E. Pillion Republican · cosponsor
Action history (34)
- Jan 13, 2026 Prefiled and ordered printed; Offered 01-14-2026 26105247D · upper
- Jan 13, 2026 Referred to Committee on Commerce and Labor · upper
- Feb 3, 2026 Fiscal Impact Statement from State Corporation Commission (SB377) · upper
- Feb 9, 2026 Senate committee offered · upper
- Feb 9, 2026 Reported from Commerce and Labor with substitute (12-Y 0-N 2-A) · upper
- Feb 10, 2026 Committee substitute printed 26107087D-S1 · upper
- Feb 11, 2026 Rules suspended · upper
- Feb 11, 2026 Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A) · upper
- Feb 11, 2026 Passed by for the day Block Vote (Voice Vote) · upper
- Feb 12, 2026 Floor substitute printed 26107668D-S2 (Surovell) · upper
- Feb 12, 2026 Read second time · upper
- Feb 12, 2026 Committee substitute rejected (Voice Vote) · upper
- Feb 12, 2026 Floor offered Senator Surovell Substitute · upper
- Feb 12, 2026 Reading of substitute waived (Voice Vote) · upper
- Feb 12, 2026 Senator Surovell Substitute agreed to · upper
- Feb 12, 2026 Engrossed by Senate - floor substitute (Voice Vote) · upper
- Feb 13, 2026 Read third time and passed Senate (39-Y 0-N 0-A) · upper
- Feb 16, 2026 Fiscal Impact Statement from State Corporation Commission (SB377) · upper
- Feb 18, 2026 Placed on Calendar · lower
- Feb 18, 2026 Read first time · lower
- Feb 18, 2026 Referred to Committee on Labor and Commerce · lower
- Feb 24, 2026 Reported from Labor and Commerce (22-Y 0-N) · lower
- Feb 26, 2026 Read second time · lower
- Feb 27, 2026 Read third time · lower
- Feb 27, 2026 Passed House (96-Y 0-N 0-A) · lower
- Mar 4, 2026 Enrolled · upper
- Mar 4, 2026 Bill text as passed Senate and House (SB377ER) · upper
- Mar 4, 2026 Signed by Speaker · lower
- Mar 4, 2026 Signed by President · upper
- Mar 9, 2026 Fiscal Impact Statement from State Corporation Commission (SB377) · upper
- Mar 10, 2026 Enrolled Bill communicated to Governor on March 10, 2026 · upper
- Mar 10, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
- Mar 31, 2026 Approved by Governor-Chapter 22 (effective 7/1/2026) · executive
- Mar 31, 2026 Acts of Assembly Chapter text (CHAP0022) · 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
- Senator Surovell Substitute · PDF
- Senator Surovell Substitute · 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
Full text
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