VA SB 40
Status unknownElectric utilities; renewable energy portfolio standard program, deficiency payments.
Virginia · 2026 Regular Session · upper
Quick answers
Did VA SB 40 pass?
The current status of VA SB 40 is not known from the official record. Latest recorded action (2026-02-12): Passed by indefinitely in Commerce and Labor (9-Y 6-N)
What is VA SB 40 about?
Electric utilities; renewable energy portfolio standard program; deficiency payments. Removes provisions requiring deficiency payments by certain electric utilities if such utilities are unable to meet the compliance obligation of the renewable energy portfolio standard (RPS) program requirements or if the cost of renewable energy certificates necessary to comply with RPS program requirements exceeds $45 per megawatt hour.
Who sponsors VA SB 40?
William M. Stanley, Jr. is the primary sponsor of VA SB 40, joined by 1 cosponsor.
Description
Electric utilities; renewable energy portfolio standard program; deficiency payments. Removes provisions requiring deficiency payments by certain electric utilities if such utilities are unable to meet the compliance obligation of the renewable energy portfolio standard (RPS) program requirements or if the cost of renewable energy certificates necessary to comply with RPS program requirements exceeds $45 per megawatt hour.
- Introduced
- 2025-11-20
- Latest action
- 2026-02-12 — Passed by indefinitely in Commerce and Labor (9-Y 6-N)
- Bill type
- bill
- Last updated
- —
Sponsors
- William M. Stanley, Jr.primary
- Bill DeStephcosponsor
Committees
Not provided by source.
Action timeline
2025-11-20
Prefiled and ordered printed; Offered 01-14-2026 26100063D
filing,introduction
2025-11-20
Referred to Committee on Commerce and Labor
referral-committee
2026-02-01
Fiscal Impact Statement from State Corporation Commission (SB40)
2026-02-12
Senate committee offered
2026-02-12
Senate committee offered
2026-02-12
Passed by indefinitely in Commerce and Labor (9-Y 6-N)
deferral
Versions
Documents
Votes
Passed by indefinitely in Commerce and Labor
2026-02-12 · pass · 9-6
Member-level votes (15)
- R. Creigh Deeds: yes
- Mark D. Obenshain: no
- L. Louise Lucas: yes
- David W. Marsden: yes
- Adam P. Ebbin: yes
- Scott A. Surovell: yes
- William M. Stanley, Jr.: no
- Ryan T. McDougle: no
- Mamie E. Locke: yes
- Bryce E. Reeves: no
- Bill DeSteph: no
- Jeremy S. McPike: yes
- Mark J. Peake: no
- Aaron R. Rouse: yes
- Lamont Bagby: yes
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:35:59.552682Z
Inspect retained evidence for changes recorded after evidence tracking began:
Use this data
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Known limitations
- Sponsor party and chamber affiliation are not yet captured by this API.
- Committee referrals are not yet captured.
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