SB 700·VA·senate
Large-Scale Electricity Consumer Infrastructure Impact Fund; created.
In CommitteeFiled Jan 14, 2026
Sponsor: Srinivasan
Latest Action
Continued from last session
Jul 21, 2026
Summary
The bill establishes a Large‑Scale Electricity Consumer Infrastructure Impact Fund. It requires large electricity consumers and the localities that approve their projects to pay annual fees, with the money used to offset utility infrastructure costs and to give credit to residential customers for any rate increases caused by those large users.
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