On January 14, 2019, State Senator Frank Wagner introduced legislation authorizing utilities to acquire rights of way. [We wonder what help he had from Dominion in crafting the bill.]
Summary as introduced:
Public utilities; acquisition of rights-of-way for economic development sites. Authorizes a public utility providing water, sewer, electric, or natural gas service to conduct an Economic Development Program (Program). Under such a Program, the utility is authorized to acquire utility right-of-way for one or more qualified economic development sites. The measure establishes criteria for the Virginia Economic Development Partnership Authority to certify that a site is a qualified economic development site. The State Corporation Commission (SCC) is authorized to approve a proposal for a Program that satisfies certain conditions, including a finding that implementation of the Program will provide significant economic development benefits that might not otherwise be attained absent its approval. A utility’s capital investment is capped at one percent of gross plant investment in the aggregate of all of the utility’s Programs and at $5 million for any specific qualified economic development site.
The full text (pdf): 01/14/19 Senate: Presented and ordered printed 19104356D
History: 01/14/19 Senate: Presented and ordered printed 19104356D,
01/14/19 Senate: Referred to Committee on Commerce and Labor