Marine Resources Commission; authority to lease subaqueous lands for generating electrical energy. (SB1350)

Introduced By

Sen. Frank Wagner (R-Virginia Beach)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Marine Resources Commission; offshore renewable resources. Provides the Marine Resources Commission with the authority to lease subaqueous lands for the purpose of generating electrical energy from wave or tidal action, currents, offshore winds, or thermal or salinity gradients and transmit energy from such sources to shore and requires that any leases require a royalty. All royalties collected will be appropriated to the Virginia Coastal Energy Research Consortium. The Marine Resources Commission is also directed to determine whether sufficient and appropriate subaqueous lands exist to support a commercial offshore wind farm and, if such land exists, offer it for development in a lease auction. Amends § 28.2-1208 (“Granting easements in or leasing the beds of certain waters.”), of the Code of Virginia. View Full Text »

Outcome

Bill Has Passed
View Bill's History