Virginia Senate Bill SB1482

Virginia 2023 Regular Session

• Introduced: 1/18/23
• Refer: 1/18/23
• Report Pass: 1/30/23
• Engrossed: 2/2/23
• Refer: 2/9/23
• Report Pass: 2/16/23
• Engrossed: 2/22/23
• Failed: 2/25/23

Caption

State Corporation Commission; increases number of members.

Impact

The implications of SB1482 on state laws primarily involve modifications to the governance structure of the State Corporation Commission. By increasing the number of members, the bill aims to enhance the decision-making body and potentially improve the efficiency of the Commission's operations. This bill reflects a proactive approach in responding to the state's regulatory needs, ensuring that the Commission is better equipped to handle its responsibilities moving forward.

Summary

SB1482 proposes an amendment to the Code of Virginia concerning the State Corporation Commission. The significant change advocated by this bill is the increase in the number of members on the Commission from three to four. The bill stipulates that the new member would be elected by a joint vote of the two houses of the General Assembly for a regular term beginning July 1, 2023. This change comes in light of the evolving demands for regulatory oversight and governance within the state, as the workload of the Commission has been seen to require more comprehensive representation and input.

Contention

While the bill was passed unanimously in the Senate with a vote of 39 in favor and none opposed, there may be underlying considerations around the practicality of such an increase. Questions regarding the implications of additional members, such as differing viewpoints and potential for increased bureaucratic delays, could raise concerns among stakeholders. Nevertheless, achieving bipartisan support suggests a recognition of the need for an adaptable and responsive regulatory framework.

Voting_history

SB1482 was voted on February 23, 2023, where it received unanimous support in the Virginia Senate, signaling a strong consensus on the necessity of modifying the State Corporation Commission’s structure to better suit current and future demands. This consensus may indicate broad recognition of the importance of regulatory effectiveness and governance in Virginia.