ChangeBridge / Virginia / SB377 Enacted
SB377 Senate Bill
Enacted
2026-03-31

Electric substation construction agreements; "electric cooperatives" or "cooperative", definitions.

Utility consumer services cooperatives; substation construction agreements. Permits an electric cooperative to enter into an agreement to construct a substation with a member receiving regulated electric service, with an electric demand of at least 20 megawatts during the most recent calendar year, that requires a point of interconnection with a transmission line system of 230 kilovolts or more. The bill provides that, upon final completion of a substation constructed under such an agreement, the member shall transfer ownership of such substation to the cooperative for the cooperative to operate and maintain at the member's sole expense. Under the bill, the costs of acquisition, operation, or maintenance of such a substation shall be excluded from the cooperative's general and base rates and shall not be recovered from any other ratepayer. This bill is identical to HB 1191.

Bill Details

State

Virginia

Session

2026 Regular Regular Session

Chamber

Senate

Official Source

lis.virginia.gov/bill-details/20261/SB377

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Sponsors

Scott Surovell (Sen - D)
Lamont Bagby (Sen - D)
Christie New Craig (Sen - R)
Todd Pillion (Sen - R)

Action History

2026-03-31 Acts of Assembly Chapter text (CHAP0022)
2026-03-31 Approved by Governor-Chapter 22 (effective 7/1/2026)
2026-03-10 Governor's Action Deadline 11:59 p.m., April 13, 2026
2026-03-10 S Enrolled Bill communicated to Governor on March 10, 2026
2026-03-09 S Fiscal Impact Statement from State Corporation Commission (SB377)
2026-03-04 S Signed by President
2026-03-04 H Signed by Speaker
2026-03-04 S Bill text as passed Senate and House (SB377ER)
2026-03-04 S Enrolled
2026-02-27 H Passed House (96-Y 0-N 0-A)
2026-02-27 H Read third time
2026-02-26 H Read second time
2026-02-24 H Reported from Labor and Commerce (22-Y 0-N)
2026-02-18 H Referred to Committee on Labor and Commerce
2026-02-18 H Read first time
2026-02-18 H Placed on Calendar
2026-02-16 S Fiscal Impact Statement from State Corporation Commission (SB377)
2026-02-13 S Read third time and passed Senate (39-Y 0-N 0-A)
2026-02-12 S Engrossed by Senate - floor substitute (Voice Vote)
2026-02-12 S Senator Surovell Substitute agreed to
2026-02-12 S Reading of substitute waived (Voice Vote)
2026-02-12 S Floor offered Senator Surovell Substitute
2026-02-12 S Committee substitute rejected (Voice Vote)
2026-02-12 S Read second time
2026-02-12 S Floor substitute printed 26107668D-S2 (Surovell)
2026-02-11 S Passed by for the day Block Vote (Voice Vote)
2026-02-11 S Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
2026-02-11 S Rules suspended
2026-02-10 S Committee substitute printed 26107087D-S1
2026-02-09 S Reported from Commerce and Labor with substitute (12-Y 0-N 2-A)
2026-02-09 S Senate committee offered
2026-02-03 S Fiscal Impact Statement from State Corporation Commission (SB377)
2026-01-13 S Referred to Committee on Commerce and Labor
2026-01-13 S Prefiled and ordered printed; Offered 01-14-2026 26105247D

Votes

2026-02-09 Reported from Commerce and Labor with substitute (12-Y 0-N 2-A) Yea: 12 Nay: 0
2026-02-11 Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A) Yea: 40 Nay: 0
2026-02-13 Read third time and passed Senate (39-Y 0-N 0-A) Yea: 39 Nay: 0
2026-02-24 Reported from Labor and Commerce (22-Y 0-N) Yea: 22 Nay: 0
2026-02-27 Passed House (96-Y 0-N 0-A) Yea: 96 Nay: 0

Committee Referrals

2026-01-13 S Commerce and Labor
2026-02-18 H Labor and Commerce

Bill Text Versions

2026-01-13 Introduced
2026-02-09 Comm Sub
2026-02-10 Comm Sub
2026-02-12 Comm Sub
2026-03-04 Enrolled
2026-03-31 Chaptered

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