SB 251 Virginia Senate · 2026 Regular Session

Electric utilities; performance-based regulatory framework.

Summary

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 HB 903.

Bill status signed all 5 stages cleared

Introduction

Jan 2026

Committee Review

Mar 2026

Senate Passage

Mar 2026

House of Delegates Passage

Mar 2026

Signed into Law

Apr 2026

Introduced Jan 12, 2026 Signed Apr 13, 2026

Maddy AI version diff · 3 comparisons

What changed between versions

Enrolled → Chaptered · 2 edits

MINOR

The bill was approved and assigned Chapter 702, with the approval date updated to April 13, 2026. A minor formatting change was made in Section 3, where a space was added between the section symbol and the number '1' to improve readability.

TECHNICAL

Added a space between the section symbol and the number in Section 3 regarding utility information requests.

TIMELINE

Updated the approval date to April 13, 2026, and added the specific Chapter number.

Floor votes · Senate Feb 11, 2026 · House of Delegates Mar 11, 2026

How they voted

39–0

Passed

Total votes 39

Feb 11, 2026

D Democratic20

20 Yea

100% Yea

R Republican19

19 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 13, 2026

Signed into law

Approved by Governor-Chapter 702 (effective 7/1/2026)

executive

Mar 31, 2026

Lower · Passed

Signed by Speaker

lower

Mar 30, 2026

Upper · Passed

Signed by President

upper

Mar 30, 2026

Upper · Passed

Bill text as passed Senate and House (SB251ER)

upper

Mar 12, 2026

Upper · Passed

House amendment agreed to by Senate (23-Y 17-N 0-A)

upper

Mar 11, 2026

Lower · Passed

Passed House with amendment (62-Y 33-N 0-A)

lower

Mar 11, 2026

Introduced

Engrossed by House as amended

lower

Mar 11, 2026

Lower · Passed

committee amendment agreed to

lower

Mar 6, 2026

Lower · Passed

Reported from Rules with amendment(s) (18-Y 0-N)

lower

Mar 2, 2026

Lower · Passed

Subcommittee recommends reporting with amendment(s) (5-Y 0-N)

lower

Mar 1, 2026

Committee

Assigned HRUL sub: Studies Subcommittee

lower

Feb 18, 2026

Committee

Referred to Committee on Rules

lower

Feb 13, 2026

Upper · Passed

Read third time and passed Senate (23-Y 16-N 0-A)

upper

Feb 11, 2026

Upper · Passed

Passed by for the day Block Vote (Voice Vote)

upper

Feb 9, 2026

Upper · Passed

Reported from Commerce and Labor with substitute (9-Y 4-N)

upper

Feb 9, 2026

Upper · Passed

Senate committee offered

upper

Jan 12, 2026

Committee

Referred to Committee on Commerce and Labor

upper

1 primary · 0 co-sponsors