STATE BILLVA SB 251PASSED

Electric utilities; performance-based regulatory framework.

Electric utilities; performance-based regulation; work group; report. Directs the State Corporation Commission to independently consider whether elements of an effective performance-based regulatory framework to evaluate and potentially improve electric utility performance and cost control incentives in the Commonwealth are in the public interest and to develop related legislative recommendations. The bill requires the Commission to include its findings and recommendations in a report required by existing law by July 1, 2027. As introduced, this bill was a recommendation of the Commission on Electric Utility Regulation. This bill is identical to HB 903.

Status: Passed; Signed or otherwise enacted
Status date: Apr 13, 2026; 213 days ago
Current chamber: Senate
Session: 2026 Regular Session

VA SB 251 · PassedApr 13

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Bill details

Last action: Acts of Assembly Chapter text (CHAP0702) · Apr 13, 2026

Sponsor

SSScott SurovellSenator · Democrat · SD-034Primary sponsor

Bill history

Newest first.

Apr 13, 2026Acts of Assembly Chapter text (CHAP0702)

Apr 13, 2026Approved by Governor-Chapter 702 (effective 7/1/2026)

Apr 6, 2026Fiscal Impact Statement from State Corporation Commission (SB251)Senate

Mar 31, 2026Governor's Action Deadline 11:59 p.m., April 13, 2026

Mar 31, 2026Enrolled Bill communicated to Governor on March 31, 2026Senate

Mar 31, 2026Signed by SpeakerHouse

Mar 30, 2026Signed by PresidentSenate

Mar 30, 2026Bill text as passed Senate and House (SB251ER)Senate

Show 28 earlier actions

Mar 30, 2026EnrolledSenate

Mar 12, 2026House amendment agreed to by Senate (23-Y 17-N 0-A)Senate

Mar 11, 2026Passed House with amendment (62-Y 33-N 0-A)House

Mar 11, 2026Engrossed by House as amendedHouse

Mar 11, 2026committee amendment agreed toHouse

Mar 11, 2026Read third timeHouse

Mar 11, 2026Moved from Uncontested Calendar to Regular CalendarHouse

Mar 10, 2026Read second timeHouse

Mar 6, 2026Reported from Rules with amendment(s) (18-Y 0-N)House

Mar 2, 2026Subcommittee recommends reporting with amendment(s) (5-Y 0-N)House

Mar 1, 2026Assigned HRUL sub: Studies SubcommitteeHouse

Feb 18, 2026Referred to Committee on RulesHouse

Feb 18, 2026Read first timeHouse

Feb 18, 2026Placed on CalendarHouse

Feb 13, 2026Read third time and passed Senate (23-Y 16-N 0-A)Senate

Feb 12, 2026Engrossed by Senate - committee substitute (Voice Vote)Senate

Feb 12, 2026Committee substitute agreed to (Voice Vote)Senate

Feb 12, 2026Read second timeSenate

Feb 12, 2026Fiscal Impact Statement from State Corporation Commission (SB251)Senate

Feb 11, 2026Passed by for the day Block Vote (Voice Vote)Senate

Feb 11, 2026Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)Senate

Feb 11, 2026Rules suspendedSenate

Feb 10, 2026Committee substitute printed 26107513D-S1Senate

Feb 9, 2026Reported from Commerce and Labor with substitute (9-Y 4-N)Senate

Feb 9, 2026Senate committee offeredSenate

Feb 3, 2026Fiscal Impact Statement from State Corporation Commission (SB251)Senate

Jan 12, 2026Referred to Committee on Commerce and LaborSenate

Jan 12, 2026Prefiled and ordered printed; Offered 01-14-2026 26104615DSenate

Recorded votes

Reported from Commerce and Labor with substitute (9-Y 4-N)Feb 9, 2026 · Senate · 9 yea · 4 nayPassed

Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)Feb 11, 2026 · Senate · 40 yea · 0 nayPassed

Read third time and passed Senate (23-Y 16-N 0-A)Feb 13, 2026 · Senate · 23 yea · 16 nayPassed

Subcommittee recommends reporting with amendment(s) (5-Y 0-N)Mar 2, 2026 · House · 5 yea · 0 nayPassed

Reported from Rules with amendment(s) (18-Y 0-N)Mar 6, 2026 · House · 18 yea · 0 nayPassed

Passed House with amendment (62-Y 33-N 0-A)Mar 11, 2026 · House · 62 yea · 33 nayPassed

House amendment agreed to by Senate (23-Y 17-N 0-A)Mar 12, 2026 · Senate · 23 yea · 17 nayPassed

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