SB454
Electric utilities; recovery of development costs associated with small modular reactor.
Status:
Enacted
Latest Action:
April 22, 2024
Senate: Impact statement from SCC (SB454ER)
Chief Patron:
Dave Marsden (D)
Session:
2024 Regular Session
Summary
As Passed Both Chambers. Electric utilities; recovery of development costs associated with small modular reactor.
Permits Dominion Energy Virginia to petition the State Corporation Commission at any time for the approval of a rate adjustment clause for the recovery of small modular reactor project development costs for up to one small modular reactor facility. The bill also permits the utility to petition the Commission for ... (More) project development cost recovery along separate development phases. The bill has an expiration date of December 31, 2029. (Less)-
Bill History
- 01/09/2024 - Senate: Prefiled and ordered printed; offered 01/10/24 24104921D
- 01/09/2024 - Senate: Referred to Committee on Commerce and Labor
- 01/31/2024 - Senate: Impact statement from SCC (SB454)
- 02/09/2024 - Senate: Senate committee, floor amendments and substitutes offered
- 02/09/2024 - Senate: Reported from Commerce and Labor with substitute (8-Y 7-N)
- 02/09/2024 - Senate: Committee substitute printed 24106520D-S1
- 02/09/2024 - Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/12/2024 - Senate: Read second time
- 02/12/2024 - Senate: Reading of substitute waived
- 02/12/2024 - Senate: Committee substitute agreed to 24106520D-S1
- 02/12/2024 - Senate: Engrossed by Senate - committee substitute SB454S1
- 02/13/2024 - Senate: Read third time and passed Senate (20-Y 16-N) Close Floor Vote
- 02/16/2024 - House: Placed on Calendar
- 02/16/2024 - House: Read first time
- 02/16/2024 - House: Referred to Committee on Labor and Commerce
- 02/16/2024 - Senate: Impact statement from SCC (SB454S1)
- 02/27/2024 - House: Reported from Labor and Commerce with substitute (14-Y 7-N)
- 02/27/2024 - House: Committee substitute printed 24108309D-H1
- 02/29/2024 - House: Read second time
- 03/01/2024 - House: Passed by for the day
- 03/04/2024 - House: Passed by for the day
- 03/05/2024 - House: Passed by for the day
- 03/06/2024 - House: Read third time
- 03/06/2024 - House: Committee on Labor and Commerce substitute rejected 24108309D-H1
- 03/06/2024 - House: Passed by temporarily
- 03/06/2024 - House: House committee, floor amendments and substitutes offered
- 03/06/2024 - House: Amendments by Delegate Mundon King agreed to
- 03/06/2024 - House: Motion to rerefer to committee on Labor and Commerce by Delegate Ware rejected
- 03/06/2024 - House: Passed House with amendments (52-Y 44-N 1-A)
- 03/06/2024 - House: VOTE: Passage (52-Y 44-N 1-A) Close Floor Vote
- 03/07/2024 - Senate: House amendments agreed to by Senate (26-Y 14-N) Close Floor Vote
- 03/08/2024 - Senate: Impact statement from SCC (SB454H1)
- 03/25/2024 - Senate: Enrolled
- 03/25/2024 - Senate: Bill text as passed Senate and House (SB454ER)
- 03/25/2024 - Senate: Signed by President
- 03/26/2024 - House: Signed by Speaker
- 03/27/2024 - Senate: Enrolled Bill Communicated to Governor on March 27, 2024
- 03/27/2024 - Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
- 04/08/2024 - Senate: Governor's recommendation received by Senate
- 04/08/2024 - Senate: Governor's substitute printed 24109376D-S2
- 04/17/2024 - Senate: Senate concurred in Governor's recommendation (27-Y 13-N)
- 04/17/2024 - House: House concurred in Governor's recommendation (68-Y 27-N 1-A)
- 04/17/2024 - House: VOTE: Adoption (68-Y 27-N 1-A)
- 04/17/2024 - Governor: Governor's recommendation adopted
- 04/17/2024 - Senate: Reenrolled
- 04/17/2024 - Senate: Reenrolled bill text (SB454ER2)
- 04/17/2024 - Senate: Signed by President as reenrolled
- 04/17/2024 - House: Signed by Speaker as reenrolled
- 04/17/2024 - House: Enacted, Chapter 789 (effective 7/1/24)
- 04/17/2024 - Governor: Acts of Assembly Chapter text (CHAP0789)
- 04/22/2024 - Senate: Impact statement from SCC (SB454ER)
