James River bateaumen. Recognizes the contributionsof James River bateaumen to Virginia history.
Commemorating the life and legacy of Secretariat.
Commending the Wine Kitchen.
Celebrating the life of the Honorable KossenGregory.
George Mason University; establishment of a school of medicine. States that it is the sense of the General Assembly that George Mason University shall be encouraged to take steps to investigate and pursue the potential of establishing a school of medicine in the Northern Virginia area.
Indian American Heritage Month. DesignatesAugust, in 2020 and in each succeeding year, as Indian American HeritageMonth in Virginia.
Commemorating the 150th anniversary of the ratificationof the Fifteenth Amendment to the Constitution of the United States.Commemorates the 150th anniversary of the ratification of the FifteenthAmendment to the Constitution of the United States. This resolutionis a recommendation of the Dr. Martin Luther King, Jr. Memorial Commission.
Year of the Eye Exam. Designates 2020 as the Year of the Eye Exam in Virginia.
Electric power-assisted bicycles. Amends the definition of "electric power-assisted bicycle" to include three classes of such bicycles, based upon the type of motor and the maximum miles per hour that the motor is capable of propelling the bicycle. The bill also provides that electric power-assisted bicycles and operators are afforded the same rights and privileges as bicycles and operators and limits local and state regulation of the operation of such electric power-assisted bicycles to certain bicycle paths, shared-use paths, and trails. The bill requires manufacturers and distributors of electric power-assisted bicycles to include (i) on each electric power-assisted bicycle, a label indicating certain technical specifications and (ii) on each class three electric power-assisted bicycle, a miles-per-hour speedometer. The bill requires persons operating or riding on a class three electric power-assisted bicycle to wear a helmet. This bill is identical to SB 871.
Electric utility regulation; initial triennial review. Establishes requirements for the first scheduled triennial review proceeding for Virginia Electric and Power Company that is scheduled to be conducted in 2021. The measure directs that such initial triennial review shall consist of a generation and distribution rate case conducted solely pursuant to Chapter 10 (§ 56-232 et seq.) of Title 56 of the Code of Virginia, rules of the State Corporation Commission, and this measure. As part of the initial triennial review, the Commission is directed to review the earnings during the utility's test period and to order credits to customers in amounts equal to any earnings during the combined test periods that are above the utility's authorized rate of return in effect on July 1, 2020, as determined in the initial triennial review. The measure authorizes the Commission to order rate adjustments and to use any methodology to determine the fair rate of return on common equity that it finds consistent with the public interest, provided that such return shall be set at a level that is sufficient to assure confidence in the utility's financial integrity, adequate to maintain and support the utility's credit and its ability to attract capital, and comparable to returns that investors in securities would expect to earn on investments of similar risk. The measure provides that any capital investments made during the combined test periods reviewed during an initial triennial review in solar or wind generation facilities or electric distribution grid transformation projects will not be applied as customer credit reinvestment offsets during such utility's initial triennial review, but any portion of such capital investments that remain undepreciated as of the utility's subsequent triennial reviews may be applied as customer credit reinvestment offsets in subsequent proceedings. The measure directs the utility to make its initial triennial review filing by March 31, 2021. Subsequent triennial reviews shall be conducted pursuant to the Virginia Electric Utility Regulation Act. This bill incorporates HB 969.
