An Act to amend and reenact §§ 58.1-322.03 and 58.1-402 of the Code of Virginia and to amend the Code of Virginia by adding in Chapter 23 of Title 56 a section numbered 56-596.5, relating to electric utilities; distribution cost sharing program established; income tax deduction; report. State Corporation Commission; distribution cost sharing program; required distribution system upgrades. Directs the State Corporation Commission by July 1, 2026, to establish by regulation a distribution cost sharing program for Dominion Energy Virginia and Appalachian Power to construct distribution system upgrades required to interconnect participating projects, as defined in the bill. The bill directs the Commission to require each such utility to file any tariffs, agreements, or forms necessary for the implementation of the program by December 1, 2026, and to submit a report on the implementation of the program by November 1, 2028. This bill is identical to HB 2266.