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VA HB109

VA HB109
Electric utilities; regional transmission entities, annual report.


summary

Introduced
01/01/2024
In Committee
02/13/2024
Crossed Over
02/09/2024
Passed
Dead
02/22/2025

Introduced Session

2025 Regular Session

Bill Summary

Electric utilities; regional transmission entities; annual report. Requires each incumbent electric utility that is a member of or has established a regional transmission entity for purposes of management and control of its transmission system as required under current law to submit an annual report by February 1 of each year. Such report shall include all recorded votes cast by the utility during the immediately preceding calendar year, all votes cast by an affiliate of the utility, and a brief description explaining how each vote cast by the utility or its affiliate is in the public interest.

AI Summary

This bill requires incumbent electric utilities that are members of or have established a regional transmission entity (RTE) to submit an annual report by February 1st each year. The report must include all recorded votes cast by the utility and its affiliates during the previous calendar year at RTE meetings, including committees, user groups, and task forces. A "recorded vote" is defined as any tabulated vote, whether final or non-final, and an "affiliate" is defined according to existing law. For each vote, the utility must provide a brief explanation of how the vote is in the public interest. This reporting requirement aims to increase transparency about how electric utilities participate in and influence regional transmission entities, which are responsible for managing and controlling transmission systems. The bill adds a new section (§56-579.1) to the Virginia Code to establish these reporting requirements, ensuring that utilities provide detailed information about their voting activities in these important energy infrastructure organizations.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

House Labor and Commerce Committee Hearing (00:00:00 1/23/2025 House Committee Room A - 008) (on 01/23/2025)

bill text


bill summary

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bill summary

Document Type Source Location
State Bill Page https://lis.virginia.gov/cgi-bin/legp604.exe?251+sum+HB109
BillText https://lis.virginia.gov/bill-details/20251/HB109/text/HB109
Fiscal Note/Analysis - House: Prefiled and ordered printed; offered 01/10/24 24101050D https://lis.blob.core.windows.net/legacy/999270.PDF
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