2025 Regular SessionVirginia Legislature

HB2663: Electricity consumption tax; rate adjustments.

Legislative Summary

Electricity consumption tax; rate adjustments. Increases the electric utility consumption tax's special utility tax rates for commercial and industrial consumer electricity consumed per month (i) in excess of 2,500 kWh but not in excess of 50,000 kWh and (ii) in excess of 50,000 kWh. This bill is identical to SB 1336.

Demographic Impact

Overall analysis of equity impact

60% Bias
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

1/15/2025
Presented and ordered printed 25103907D
House of Delegates
1/15/2025
Referred to Committee on Finance
House of Delegates
1/17/2025
Fiscal Impact Statement from State Corporation Commission (HB2663)
House of Delegates
1/31/2025
Reported from Finance (14-Y 6-N)
House of Delegates
2/2/2025
Read first time
House of Delegates
2/3/2025
Read second time and engrossed
House of Delegates
2/4/2025
Read third time and passed House (80-Y 16-N)
House of Delegates
2/5/2025
Constitutional reading dispensed (on 1st reading)
Senate
2/5/2025
Referred to Committee on Finance and Appropriations
Senate
2/11/2025
Reported from Finance and Appropriations (14-Y 0-N)
Senate
2/11/2025
Rules suspended
Senate
2/11/2025
Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
Senate
2/11/2025
Passed by for the day
Senate
2/12/2025
Read third time
Senate
2/12/2025
Passed Senate (39-Y 0-N)
Senate
2/17/2025
Enrolled
House of Delegates
2/17/2025
Bill text as passed House and Senate (HB2663ER)
House of Delegates
2/17/2025
Signed by Speaker
House of Delegates
2/19/2025
Fiscal Impact Statement from State Corporation Commission (HB2663)
House of Delegates
2/20/2025
Signed by President
Senate
3/3/2025
Enrolled Bill communicated to Governor on March 3, 2025
House of Delegates
3/3/2025
Governor's Action Deadline 11:59 p.m., March 24, 2025
3/24/2025
Governor's recommendation received by House
3/24/2025
Governor's substitute printed (HB2663H1)
House of Delegates
4/2/2025
House rejected Governor's recommendation
House of Delegates
4/2/2025
Communicated to Governor
House of Delegates
4/2/2025
Governor's Action Deadline 11:59 p.m., May 2, 2025

Roll Call Votes

Passed Senate (39-Y 0-N)
2/12/2025
39
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
2/11/2025
40
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Reported from Finance and Appropriations (14-Y 0-N)
2/11/2025
14
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
Read third time and passed House (80-Y 16-N)
2/4/2025
80
Yea
16
Nay
0
Not Voting
4
Absent
Result: PASSED
Reported from Finance (14-Y 6-N)
1/31/2025
14
Yea
6
Nay
0
Not Voting
2
Absent
Result: PASSED

Status Information

Current Status
Enrolled(2/17/2025)
Chamber
House of Delegates

Sponsors

Republican: 1
Democrat: 1

Co-Sponsors (1)

Documents

Comm Sub
Bill Text3/25/202513.6 KB
Enrolled
Bill Text2/17/202511.0 KB
Introduced
Bill Text1/15/202511.8 KB
Misc
Misc3/24/20250.3 KB
Fiscal Note/Analysis
Fiscal Note/Analysis2/18/2025126.8 KB
Fiscal Note/Analysis
Fiscal Note/Analysis1/16/2025126.9 KB