Virginia · 2026 Regular Session · Bill
HB 903: Electric utilities; performance-based regulatory framework.
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 903 is a bill introduced in the Virginia House on January 13, 2026. According to its official title, it concerns: Electric utilities; performance-based regulatory framework. Primary sponsor: Rip Sullivan (Democratic). It lists 1 additional sponsor. Most recent recorded action (April 13, 2026): Approved by Governor-Chapter 701 (effective 7/1/2026).
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
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.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Rip Sullivan | Primary sponsor | Democratic | House | 6 |
| Stacey Annie Carroll | Co-sponsor | Not applicable (committee) | — | — |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Approved by Governor-Chapter 701 (effective 7/1/2026)
- Fiscal Impact Statement from State Corporation Commission (HB903)
- Governor's Action Deadline 11:59 p.m., April 13, 2026
- Enrolled Bill communicated to Governor on March 31, 2026
- Signed by Speaker
- Signed by President
- Bill text as passed House and Senate (HB903ER)
- Enrolled
- Fiscal Impact Statement from State Corporation Commission (HB903)
- Senate substitute with amendment agreed to by House (84-Y 13-N 0-A)
- Passed Senate with substitute with amendment (23-Y 17-N 0-A)
- Engrossed by Senate - committee substitute as amended
Showing 12 most recent of 35 actions. Full history