2026 SESSION
ENROLLED
VIRGINIA ACTS OF ASSEMBLY -- CHAPTER
An Act to amend and reenact § 56-542 of the Code of Virginia, relating to State Corporation Commission; toll rate increases; duration and timeline for review.
[H 1127]
Approved
Be it enacted by the General Assembly of Virginia:
1. That § 56-542 of the Code of Virginia is amended and reenacted as follows:
§ 56-542 . Powers of the Commission.
A. As used in this section:
"CPI" means the Consumer Price Index — U.S. City Averages for All Urban Consumers, All Items (not seasonally adjusted) as reported by the U.S. Department of Labor, Bureau of Labor Statistics; however, if the CPI is modified such that the base year of the CPI changes, the CPI shall be converted in accordance with the conversion factor published by the U.S. Department of Labor, Bureau of Labor Statistics, and if the CPI is discontinued or revised, such other historical index or computation approved by the Commission shall be used for purposes of this section that would obtain substantially the same result as would have been obtained if the CPI had not been discontinued or revised.