(SB824)

GOVERNOR'S VETO

Pursuant to Article V, Section 6 of the Constitution of Virginia, I veto Senate Bill 824, which requires the State Corporation Commission to consider various factors in proceedings involving Phase I and Phase II electric utilities.

The State Corporation Commission currently has broad authority to determine whether utility proposals and activities are in the public interest, including the factors contemplated by this bill. Therefore, this legislation is unnecessary.

Accordingly, I veto this bill.