Legislative record

SB 454STATE · VirginiaIntroduced

Electric utilities; recovery of development costs associated with small modular reactor.

Voted 4/22/2024

Summary

Electric utilities; recovery of developmentcosts associated with small modular reactor. Permits AmericanElectric Power (Phase I Utility) and Dominion Energy Virginia (Phase II Utility) to petition the State Corporation Commission at any timefor the approval of a rate adjustment clause for the recovery ofsmall modular reactor project development costs. The bill also permitsthe utility to petition the Commission for project development costrecovery along separate development phases.

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Bill text

The full text of this bill isn't on Heard yet. The official documents are linked below.

Roll-call record

How representatives voted

252 yea·126 nay·15 other

Docket history

Action history

  1. 4/22/2024Impact statement from SCC (SB454ER)
  2. 4/17/2024Senate concurred in Governor's recommendation (27-Y 13-N)
  3. 4/17/2024House concurred in Governor's recommendation (68-Y 27-N 1-A)
  4. 4/17/2024VOTE: Adoption (68-Y 27-N 1-A)
  5. 4/17/2024Governor's recommendation adopted
  6. 4/17/2024Reenrolled
  7. 4/17/2024Reenrolled bill text (SB454ER2)
  8. 4/17/2024Signed by President as reenrolled
  9. 4/17/2024Signed by Speaker as reenrolled
  10. 4/17/2024Enacted, Chapter 789 (effective 7/1/24)