Peer-to-peer vehicle sharing platforms; taxation. Provides that peer-to-peer vehicle sharing platforms, as defined in the bill, are rentors for the purposes of taxation.
Health care provider panels; vertically integrated carriers; providers. Requires any vertically integrated carrier to offer participation in each provider panel or network established for each of the vertically integrated carrier's policies, products, and plans, including all policies, products, and plans offered to individuals, employers, and enrollees in state and federal government benefit programs, to every provider in the Commonwealth under the same terms and conditions that apply to providers under common control with the vertically integrated carrier. The measure requires that the offered participation (i) be without any adverse tiering or other financial incentives that may discourage enrollees from utilizing the services of the provider, (ii) include all sites and services offered by the provider, and (iii) take into account the different characteristics of different providers with regard to the range, nature, cost, and complexity of services offered. The measure prohibits an officer or director of a vertically integrated carrier from simultaneously serving as an officer or director of an entity that owns, operates, manages, or controls an acute care hospital located, in whole or in part, in the Commonwealth. The measure defines "vertically integrated carrier" as a health insurer or other carrier that owns an interest in, is owned by, or is under common ownership or control with an acute care hospital facility, excluding an entity that is under the ultimate control of or under common control with a public hospital.
Electric utilities; retail competition; renewableenergy. Allows individual retail customers of an electric utilityto purchase electric energy provided 100 percent from renewable energyfrom any licensed supplier. The measure eliminates (i) provisionsthat prohibit such a purchase from a licensed supplier that is anincumbent electric utility that is not the incumbent electric utilityserving the exclusive service territory in which the customer islocated and (ii) a condition that permits such purchases only if the electric utility serving the applicable exclusive service territorydoes not offer a tariff for 100 percent renewable energy.
Electric utilities; retail competition; renewableenergy. Allows individual retail customers of an electric utilityto purchase electric energy provided 100 percent from renewable energyfrom any licensed supplier. The measure eliminates (i) provisionsthat prohibit such a purchase from a licensed supplier that is anincumbent electric utility that is not the incumbent electric utilityserving the exclusive service territory in which the customer islocated and (ii) a condition that permits such purchases only if the electric utility serving the applicable exclusive service territorydoes not offer a tariff for 100 percent renewable energy.
Electric utility regulation; energy efficiency standard.Requires Dominion Energy Virginia (DEV) and American Electric Power (AEP) toachieve incremental net annual savings in accordance with a schedule that startsin 2021, when savings are required to be at least 0.35 percent of the averageannual energy retail sales by that utility in the three preceding calendaryears, and increases the level of required savings until 2027 and thereafter,when savings are required to be at least two percent of the utility's averageannual energy retail sales in the three preceding calendar years. The measurerequires the utilities to retain an independent, qualified third-partyevaluator to determine the utility's incremental net annual savings and otherbenefits of the program. The measure requires the State Corporation Commission,for any year that a utility meets the annual energy efficiency standard, toallow for the additional recovery of a margin on its program's operatingexpenses through a rate adjustment clause that provides the utility with amargin equal to the general rate of return on common equity. The Commission isdirected to award an additional 20 basis points for each 0.1 percent of annualsavings in excess of the required amount of savings, with a cap on totalperformance incentive awards in any year of 10 percent of the utility's totalenergy efficiency spending in that year. The measure also (i) increases theportion of the approved costs of certain utility energy efficiency programsthat are required to be allocated to programs designed to benefit low-income,elderly, and disabled individuals from five percent to 15 percent of theapproved costs of such programs and adds veterans to be benefited from such programs;(ii) requires the energy efficiency stakeholder process established for thepurpose of providing input and feedback on the development of electricutilities' energy efficiency programs to include the participation of certainCommission personnel who participate in approval and oversight of utilityefficiency programs; (iii) directs the Commission to increase the utility'srates to recover for revenue reductions related to energy efficiency programsif the revenue reductions have caused the utility, during the test period orperiods under review, to earn more than 50 basis points below a fair combinedrate of return on its generation and distribution services or, for any testperiod commencing after December 31, 2012, for DEV and after December 31, 2013,for AEP, more than 70 basis points below a fair combined rate of return on itsgeneration and distribution services; (iv) allows certain large general servicecustomers to avoid participation in energy efficiency programs and to avoidpaying for the costs of such programs through a rate adjustment clause uponreceiving an exemption from the Commission; and (v) provides that certainenergy efficiency pilot programs may be deemed to be in the public interest.
Commending Mission BBQ.
Commending William H. Goodwin, Jr.
Motor vehicle safety inspection; new motor vehicle.Extends from 12 months to 24 months the validity period of thefirst motor vehicle safety inspection of a new motor vehicle, solong as the vehicle has not been driven more than 15,000 miles.
Commending the Loudoun South Little Leaguebaseball team.
Virginia Lottery Board; regulation of the manufacturing, distributing, operating, hosting, and playing of dominant skill video games; penalties. Authorizes the manufacture, distribution, operation, hosting, and playing of dominant skill video games, defined in the bill, in the Commonwealth, to be regulated by the Virginia Lottery Board. The bill specifies the licensing requirements for the manufacture, distribution, operation, and hosting of dominant skill video games and imposes criminal and civil penalties for violations of the law and regulations related to dominant skill video games. The bill imposes a 20 percent tax on all gross profits generated from the play of dominant skill video games and the sale of fills, defined in the bill, by distributor licensees to operator licensees and provides for how the tax proceeds are disbursed. The bill also establishes the Problem Gambling Treatment and Support Fund, administered by the Commissioner of Behavioral Health and Developmental Services, to provide counseling and other support services for compulsive and problem gamblers, develop problem gambling treatment and prevention programs, and provide grants to support organizations that provide assistance to compulsive gamblers.
