State Corporation Commission [171]
Secretarial Area: Independent Agencies
Operating Budget Summary
This table shows the Governor's proposed budget for the next two years and the agency's official budget for the previous six years.
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Biennium Fiscal Year Source GF NGF Total
2020-2022 2021 Chapter 1, 2022 Acts of Assembly $453,671 $124,074,925 $124,528,596
2020-2022 2022 Chapter 1, 2022 Acts of Assembly $103,671 $147,563,259 $147,666,930
2022-2024 2023 Chapter1, 2024 Acts of Assembly $107,562 $155,930,611 $156,038,173
2022-2024 2024 Chapter1, 2024 Acts of Assembly $20,522,719 $152,070,611 $172,593,330
2024-2026 2025 Chapter 7, 2026 Acts of Assembly $530,333 $519,431,020 $519,961,353
2024-2026 2026 Chapter 7, 2026 Acts of Assembly $20,553,958 $677,730,435 $698,284,393
2026-2028 2027 Chapter 1. 2026 Acts of Assembly, Special Session I $170,573,599 $698,976,214 $869,549,813
2026-2028 2027 Base Budget $20,553,958 $677,730,435 $698,284,393
2026-2028 2027 Governor's Amendments $19,641 $19,025,729 $19,045,370
2026-2028 2027 General Assembly Adjustments $150,000,000 $2,220,050 $152,220,050
2026-2028 2028 Chapter 1. 2026 Acts of Assembly, Special Session I $20,573,599 $697,576,788 $718,150,387
2026-2028 2028 Base Budget $20,553,958 $677,730,435 $698,284,393
2026-2028 2028 Governor's Amendments $19,641 $18,491,403 $18,511,044
2026-2028 2028 General Assembly Adjustments $0 $1,354,950 $1,354,950
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2020-2022 2021 Chapter 1, 2022 Acts of Assembly 0.00 699.00 699.00
2020-2022 2022 Chapter 1, 2022 Acts of Assembly 0.00 715.00 715.00
2022-2024 2023 Chapter1, 2024 Acts of Assembly 0.00 715.00 715.00
2022-2024 2024 Chapter1, 2024 Acts of Assembly 0.00 715.00 715.00
2024-2026 2025 Chapter 7, 2026 Acts of Assembly 0.00 797.00 797.00
2024-2026 2026 Chapter 7, 2026 Acts of Assembly 0.00 799.00 799.00
2026-2028 2027 Chapter 1. 2026 Acts of Assembly, Special Session I 0.00 839.00 839.00
2026-2028 2027 Base Budget 0.00 799.00 799.00
2026-2028 2027 Governor's Amendments 0.00 29.00 29.00
2026-2028 2027 General Assembly Adjustments 0.00 11.00 11.00
2026-2028 2028 Chapter 1. 2026 Acts of Assembly, Special Session I 0.00 839.00 839.00
2026-2028 2028 Base Budget 0.00 799.00 799.00
2026-2028 2028 Governor's Amendments 0.00 29.00 29.00
2026-2028 2028 General Assembly Adjustments 0.00 11.00 11.00
Operating Budget Addenda (in order of greatest impact)
•
Adjust appropriation for centrally funded salary increases for state employees Base Budget Adjustment
  Adjusts appropriation for the salary increases for state employees budgeted in Central Appropriations, Item 469 R. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund $4,981 $4,981
Nongeneral Fund $4,583,797 $4,583,797
•
Adjust appropriation for centrally funded changes to state health insurance premiums Base Budget Adjustment
  Adjusts appropriation for the employer’s share of health insurance premiums budgeted in Central Appropriations, Item 469 G. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund $1,355 $1,355
Nongeneral Fund $1,244,505 $1,244,505
•
Adjust appropriation for centrally funded retirement rate changes Base Budget Adjustment
  Adjusts appropriation for changes to contribution rates for state employee retirement plans budgeted in Central Appropriations, Item 469 H. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund ($394) ($394)
Nongeneral Fund ($362,764) ($362,764)
•
Adjust appropriation for centrally funded other post-employment benefit rate changes Base Budget Adjustment
  Adjusts appropriation for changes to state employee other post-employment benefit rates budgeted in Central Appropriations, Item 469 J. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund ($171) ($171)
Nongeneral Fund ($157,502) ($157,502)
•
Adjust appropriation for centrally funded changes to agency information technology costs Base Budget Adjustment
  Adjusts appropriation for changes to information technology and telecommunications usage budgeted in Central Appropriations, Item 470 C. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
Nongeneral Fund $83,079 $83,079
•
Adjust appropriation for centrally funded property insurance premium charges Base Budget Adjustment
  Adjusts appropriation for property insurance premiums billed by the Department of the Treasury’s Division of Risk Management budgeted in Central Appropriations, Item 470 M. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
Nongeneral Fund $35,787 $35,787
•
Adjust appropriation for centrally funded workers’ compensation premium changes Base Budget Adjustment
  Adjusts appropriation for workers’ compensation premiums budgeted in Central Appropriations, Item 469 O. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund ($13) ($13)
Nongeneral Fund ($22,829) ($22,829)
•
Adjust appropriation for centrally funded changes to Cardinal Financials System charges Base Budget Adjustment
  Adjusts appropriation for changes to Cardinal Financials System internal service fund charges budgeted in Central Appropriations, Item 470 E. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund $12,922 $12,922
Nongeneral Fund ($3,880) ($3,880)
•
Adjust appropriation for centrally funded changes to Cardinal Human Capital Management System charges Base Budget Adjustment
  Adjusts appropriation for changes to Cardinal Human Capital Management System internal service fund charges budgeted in Central Appropriations, Item 470 F. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund ($1) ($1)
Nongeneral Fund ($8,274) ($8,274)
•
Adjust appropriation for centrally funded changes to agency vehicle fleet charges Base Budget Adjustment
  Adjusts appropriation for reduced fleet vehicle operational rate charges billed by the Department of General Services budgeted in Central Appropriations, Item 470 H. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
Nongeneral Fund ($4,721) ($4,721)
•
Adjust appropriation for centrally funded changes to Performance Budgeting system charges Base Budget Adjustment
  Adjusts appropriation for changes to Performance Budgeting system internal service fund charges budgeted in Central Appropriations, Item 470 G. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund $962 $962
Nongeneral Fund $23 $23
•
Adjust appropriation for centrally funded liability insurance premium charges Base Budget Adjustment
  Adjusts appropriation for liability insurance premiums billed by the Department of the Treasury’s Division of Risk Management budgeted in Central Appropriations, Item 470 J. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
Nongeneral Fund ($237) ($237)
•
Increase appropriation and positions for information technology modernization Decision Package
  Provides nongeneral fund appropriation and eight positions for ongoing operational costs related to essential information technology modernization projects within the agency.
 
  FY FY
Nongeneral Fund $4,967,293 $4,565,967
Positions 8.00 8.00
•
Increase appropriation to reflect increased collections of Uninsured Motorist fees Decision Package
  Increases the nongeneral fund appropriation to accurately reflect the amount of fee revenue expected in the Uninsured Motorist Fund.
 
  FY FY
Nongeneral Fund $3,439,936 $3,439,936
•
Increase appropriation for implementation of Microsoft Dynamics for system replacements Decision Package
  Increases appropriation to provide for three positions and implementation costs associated with replacing outdated software platforms.
 
  FY FY
Nongeneral Fund $2,193,595 $2,098,595
Positions 3.00 3.00
•
Increase appropriation for additional Bureau of Insurance positions Decision Package
  Provides nongeneral fund appropriation and six positions for the Bureau of Insurance.
 
  FY FY
Nongeneral Fund $817,478 $817,478
Positions 6.00 6.00
•
Increase appropriation for federal grants Decision Package
  Increases the nongeneral fund appropriation to account for the increase in reimbursement by the Federal Department of Transportation for the gas and liquid pipeline safety grants.
 
  FY FY
Nongeneral Fund $700,000 $700,000
•
Increase appropriation for additional Administration positions Decision Package
  Provides nongeneral fund appropriation and four positions to bring four outsourced maintenance positions in-house and to hire one financial manager.
 
  FY FY
Nongeneral Fund $631,229 $631,229
Positions 5.00 5.00
•
Increase appropriation and positions for the Public Utility Regulation division Decision Package
  Increases nongeneral fund appropriation and provides three positions to implement recently enacted legislation impacting the Public Utility Regulation Division.
 
  FY FY
Nongeneral Fund $430,000 $392,000
Positions 3.00 3.00
•
Increase appropriation for additional Health Benefit Exchange personnel Decision Package
  Increases the nongeneral fund appropriation to allow for three new Health Benefit Exchange personnel.
 
  FY FY
Nongeneral Fund $346,284 $346,284
Positions 3.00 3.00
•
Increase appropriation for an additional Bureau of Financial Institutions personnel Decision Package
  Increases nongeneral fund appropriation to provide for one additional mortgage examiner at the Bureau of Financial Institutions.
 
  FY FY
Nongeneral Fund $112,930 $112,930
Positions 1.00 1.00
•
State Premium Assistance Program (478 #2c) General Assembly Adjustment
  This amendment adds $150.0 million from the general fund the first year for a state-based premium assistance program for plan year 2027, targeted to individuals who purchase health insurance from Qualified Health Plans sold through the Virginia state-based marketplace with incomes between 138 percent and 250 percent of the federal poverty income level. Funding will be used to lower the average monthly net premium by as much as 70 percent. Language provides flexibility for the Health Benefit Exchange to adjust the monthly premium reduction payment up or down as enrollment and fund balances change to maximize the use of the funding. Language allows the agency to carry funds over into fiscal year 2028 since the premium assistance will be provided in calendar year 2027. It is estimated that the program will serve approximately 167,000 Virginians.
 
  FY FY
General Fund $150,000,000 $0
•
SCC Legislative Impacts - Regulation of Public Utilities (475 #1c) General Assembly Adjustment
  This amendment provides nongeneral fund appropriation and nine positions for the State Corporation Commission to implement legislation that falls within its purview to regulate public utilities.
 
  FY FY
Nongeneral Fund $1,715,500 $1,013,500
Positions 9.00 9.00
•
SCC Legislative Impacts - Regulation of Business (474 #3c) General Assembly Adjustment
  This amendment provides nongeneral fund appropriation and two positions for the State Corporation Commission to implement legislation that falls within its purview to regulate business practices.
 
  FY FY
Nongeneral Fund $354,550 $341,450
Positions 2.00 2.00
•
Commonwealth Health Reinsurance Program (478 #1c) General Assembly Adjustment
  This amendment provides $150,000 from nongeneral funds from the Commonwealth Health Reinsurance Program Special Fund for the State Corporation Commission to apply for federal authorization of a five-year extension of the current waiver under section 1332 of the Patient Protection and Affordable Care Act (PPACA) authorizing and providing federal funding for the Commonwealth Health Reinsurance Program, pursuant to the passage of House Bill 327, 2026 Session of the General Assembly. The amendment includes a technical change maintaining the current premium reduction target for the program at 15 percent. Language in the introduced budget referred only to Plan Year 2025.
 
  FY FY
Nongeneral Fund $150,000 $0
•
Interconnection Consideration (475 #2c) General Assembly Adjustment
  This amendment asks a Phase II utility to consider the economic benefits to historically disadvantaged communities in determining the connection date of large load customers to the electric grid.
•
SCC: Data Collection and Reporting (477 #1c) General Assembly Adjustment
  This amendment requires the State Corporation Commission to collect and aggregate information related to data center electric service agreements, water usage, and permitting for generators and tier type.
•
SCC: Language Access (474 #2c) General Assembly Adjustment
  This language amendment directs the State Corporation Commission (SCC) to review its customer-facing language access offerings and provide information on the cost to expand such access for high-demand materials.
•
SCC: Short-Term Loan Database (474 #1c) General Assembly Adjustment
  This language amendment clarifies the authority of the State Corporation Commission with relation to its oversight of a short-term loan database as provided for in § 6.2-1810, Code of Virginia.
Capital Project Requests (in order of largest to smallest)
•
Renovate Tyler Building
  Provides language which allows the agency to adjust the scope of the existing Tyler Building Renovation Project and use nongeneral fund balances to support the project.
•
Renovate Tyler Building (C-39 #1c)
  This amendment provides $94.0 million the second year in nongeneral fund appropriation for the State Corporation Commission to renovate the Tyler Building. This would increase the authorized nongeneral fund appropriation for the project to $115.6 million.
 
  FY FY
Nongeneral Fund $0 $94,000,000


p3_bullets - Official Enacted Budget - 10-21-2026 00:16:25