STATE BILLVA SB 377PASSED

Electric substation construction agreements; "electric cooperatives" or "cooperative," definitions.

Commonwealth of Virginia

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.

Status
Passed
Signed or otherwise enacted
Status date
Mar 31, 2026
226 days ago
Current chamber
Senate
Session
2026 Regular Session
VA SB 377 · PassedMar 31

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Bill details

Last action
Acts of Assembly Chapter text (CHAP0022) · Mar 31, 2026

Sponsors

SSScott SurovellSenator · Democrat · SD-034Primary sponsor
LBLamont BagbySenator · Democrat · SD-014
CNChristie New CraigSenator · Republican · SD-019
TPTodd PillionSenator · Republican · SD-006

Bill history

Newest first.

Mar 31, 2026Acts of Assembly Chapter text (CHAP0022)
Mar 31, 2026Approved by Governor-Chapter 22 (effective 7/1/2026)
Mar 10, 2026Governor's Action Deadline 11:59 p.m., April 13, 2026
Mar 10, 2026Enrolled Bill communicated to Governor on March 10, 2026Senate
Mar 9, 2026Fiscal Impact Statement from State Corporation Commission (SB377)Senate
Mar 4, 2026Signed by PresidentSenate
Mar 4, 2026Signed by SpeakerHouse
Mar 4, 2026Bill text as passed Senate and House (SB377ER)Senate
Show 26 earlier actions
Mar 4, 2026EnrolledSenate
Feb 27, 2026Passed House (96-Y 0-N 0-A)House
Feb 27, 2026Read third timeHouse
Feb 26, 2026Read second timeHouse
Feb 24, 2026Reported from Labor and Commerce (22-Y 0-N)House
Feb 18, 2026Referred to Committee on Labor and CommerceHouse
Feb 18, 2026Read first timeHouse
Feb 18, 2026Placed on CalendarHouse
Feb 16, 2026Fiscal Impact Statement from State Corporation Commission (SB377)Senate
Feb 13, 2026Read third time and passed Senate (39-Y 0-N 0-A)Senate
Feb 12, 2026Engrossed by Senate - floor substitute (Voice Vote)Senate
Feb 12, 2026Senator Surovell Substitute agreed toSenate
Feb 12, 2026Reading of substitute waived (Voice Vote)Senate
Feb 12, 2026Floor offered Senator Surovell SubstituteSenate
Feb 12, 2026Committee substitute rejected (Voice Vote)Senate
Feb 12, 2026Read second timeSenate
Feb 12, 2026Floor substitute printed 26107668D-S2 (Surovell)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 26107087D-S1Senate
Feb 9, 2026Reported from Commerce and Labor with substitute (12-Y 0-N 2-A)Senate
Feb 9, 2026Senate committee offeredSenate
Feb 3, 2026Fiscal Impact Statement from State Corporation Commission (SB377)Senate
Jan 13, 2026Referred to Committee on Commerce and LaborSenate
Jan 13, 2026Prefiled and ordered printed; Offered 01-14-2026 26105247DSenate

Recorded votes

Reported from Commerce and Labor with substitute (12-Y 0-N 2-A)Feb 9, 2026 · Senate · 12 yea · 0 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 (39-Y 0-N 0-A)Feb 13, 2026 · Senate · 39 yea · 0 nayPassed
Reported from Labor and Commerce (22-Y 0-N)Feb 24, 2026 · House · 22 yea · 0 nayPassed
Passed House (96-Y 0-N 0-A)Feb 27, 2026 · House · 96 yea · 0 nayPassed

Read the bill at the source

This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.

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