Virginia Clean Energy & Community Flood Preparedness Act; repeal; electric utility customer credit.
Sponsored By: Bill DeSteph (Republican)
In Committee
Summary
Virginia Clean Energy and Community Flood Preparedness Act; repeal; electric utility customer credit. Directs the Department of Environmental Quality to suspend the Commonwealth's participation in the Regional Greenhouse Gas Initiative (RGGI). The bill requires the Commonwealth to remit all revenue collected pursuant to a market-based trading program consistent with RGGI to each electric utility that has a rate adjustment clause approved or pending approval for recovery of the costs of emissions allowances or that has otherwise increased customer bills to recover such costs. The bill directs each such utility to subsequently distribute such funds as a credit to its customers in the Commonwealth.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Bill DeSteph
Republican • Senate
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Referred to Committee on Agriculture, Conservation and Natural Resources
10/21/2026SenatePresented and ordered printed 26200403D
10/21/2026Senate
Bill Text
Introduced
10/21/2026
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