Energy bill could have big impact on Virginians' bills

Energy bill could have big impact on Virginians' bills

Energy bill could have big impact on Virginians' bills

"The is a House bill that would also legalize sports betting, but with this being 36 of a 60 day session it's not certain there is enough time to get either bill across the finish line", said 13 News Chief Political Reporter Mark Curtis.

An amendment offered by Del.

A company spokesman said Toscano's amendment is being reviewed.

"If there isn't a double dip in the bill, passing the amendment will clarify that fact".

But once those projects are added to Dominion's rate base, the utility would earn a return on them.

Several minority Democrats say it's too little and shows the majority Republicans' wrong priorities.

Instead, the Republican leadership used a rare parliamentary process to take my bill directly to the floor for a vote.

Both the Senate and House have passed bills to overhaul the rate-setting process for Dominion Energy.

All of these bills have now crossed over into the other chambers for a vote.

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"The amendment passed yesterday made the bill much better, but substantial problems remain to be fixed", Toscano said via email.

That has elicited an aggressive lobbying campaign from both the National Basketball Association and Major League Baseball, who recently outlined their desires for what should be in any sports betting bill, via a hearing in NY. "That's fine. I'm glad they all voted for it".

It has been passed out of committee and will next be read on the Senate floor.

For almost two weeks, the utility regulation overhaul spearheaded by Dominion Energy has moved through General Assembly with relative ease, winning the endorsement of Democratic Gov. Ralph Northam last week and passing the Republican-controlled Senate on Friday. Virginia's State Corporation Commission estimates that Dominion has reaped hundreds of millions in excess profits during the freeze.

Bills at the state Capitol are both pending in the House and Senate Finance Committees. But Dominion and Northam had contended that double-dipping already wasn't allowed in the Senate version. "We should be compensated for that", he said.

Protecting consumers includes provisions such as reasonable advertising restrictions, self-exclusion programs for problem gamblers and requiring the use of official league real-time data to ensure the accuracy and consistency of betting outcomes for fans. The bill also gives utilities a blank check for powerline undergrounding that will be paid for by ratepayers with no SCC oversight. "We commend the delegates who have sided with ratepayers as they work to improve this deeply flawed legislation". We are hopeful the legislature will complete a significant overhaul of the law and bolster the protections.

For its part, Dominion was cautious.

Delegate Simon represents the 53rd District in the Virginia House of Delegates. "We are still studying the effects of the Toscano amendment".

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