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HB903Introduced in the House of Delegates

Electric utilities; performance-based regulatory framework.

Passed

Introduced by Richard Sullivan, District 6

What does this bill do?

Plain-English breakdown

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Official description

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 SB 251.

Where it stands

Acts of Assembly Chapter text (CHAP0701)

April 13, 2026

How did lawmakers vote?

House of Delegates votes

6 recorded votes · each counted separately

Senate votes

4 recorded votes · each counted separately

House of DelegatesStage: Senate substitute with amendment agreed to by House (84-Y 13-N 0-A) · March 11, 2026

84

Yes

13

No

2

Absent or Not Voting

99 delegates recorded in this House of Delegates vote. Colors show vote categories only, not whether a vote was good or bad.

See how each delegate voted

Bill history

  1. Prefiled and ordered printed; Offered 01-14-2026 26104384D

  2. Referred to Committee on Rules

  3. Assigned HRUL sub: Studies Subcommittee

  4. Fiscal Impact Statement from State Corporation Commission (HB903)

  5. Subcommittee recommends reporting and referring to Appropriations (5-Y 0-N)

  6. Reported from Rules and referred to Appropriations (16-Y 0-N)

  7. Assigned HAPP sub: Commerce Agriculture & Natural Resources

  8. Subcommittee recommends reporting (7-Y 0-N)

  9. Reported from Appropriations (22-Y 0-N)

  10. Read first time

  11. Read second time and engrossed

  12. Read third time and passed House (97-Y 0-N 0-A)

  13. Constitutional reading dispensed (on 1st reading)

  14. Referred to Committee on Rules

  15. Reported from Rules with substitute and rereferred to Finance and Appropriations (12-Y 3-N)

  16. Committee substitute printed 26108813D-S1

  17. Reported from Finance and Appropriations with amendment (10-Y 5-N)

  18. Rules suspended

  19. Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)

  20. Passed by for the day Block Vote (Voice Vote)

  21. Read third time

  22. Rules Substitute agreed to

  23. Finance and Appropriations Amendment agreed to

  24. Engrossed by Senate - committee substitute as amended

  25. Passed Senate with substitute with amendment (23-Y 17-N 0-A)

  26. Senate substitute with amendment agreed to by House (84-Y 13-N 0-A)

  27. Fiscal Impact Statement from State Corporation Commission (HB903)

  28. Enrolled

  29. Bill text as passed House and Senate (HB903ER)

  30. Signed by President

  31. Signed by Speaker

  32. Enrolled Bill communicated to Governor on March 31, 2026

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

  34. Fiscal Impact Statement from State Corporation Commission (HB903)

  35. Approved by Governor-Chapter 701 (effective 7/1/2026)

  36. Acts of Assembly Chapter text (CHAP0701)

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