Nutrient Offset Fund; established. (SB708)

Introduced By

Progress

✓	Introduced
✗	Passed Committee
☐	Passed House
✓	Passed Senate
☐	Signed by Governor
☐	Became Law

Description

Water Quality Improvement Fund; nutrient offsets. Creates the Nutrient Offset Fund as a subfund of the Virginia Water Quality Improvement Fund to be administered by the Director of the Department of Environmental Quality for the purchase of nutrient reductions certified under the Chesapeake Bay Watershed Nutrient Credit Exchange Program. Using moneys from the subfund, the Director of the Department of Environmental Quality may enter into long-term contracts with producers of nutrient offsets to purchase such offsets. Priority shall be given to nutrient offsets produced from facilities that generate electricity from animal waste. The nutrient offsets purchased with moneys from the subfund will be available for sale to owners or operators of new or expanded facilities required to offset nutrient loads through the watershed general permit. Amends § 10.1-2128.2, § 62.1-44.19:15, § 62.1-44.19:18, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

Date	Action
01/22/2010	Presented and ordered printed 10104190D
01/22/2010	Referred to Committee on Agriculture, Conservation and Natural Resources
02/01/2010	Reported from Agriculture, Conservation and Natural Resources with amendments (15-Y 0-N) (see vote tally)
02/02/2010	Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/03/2010	Read second time
02/03/2010	Reading of amendments waived
02/03/2010	Committee amendments agreed to
02/03/2010	Engrossed by Senate as amended SB708E
02/03/2010	Printed as engrossed 10104190D-E
02/04/2010	Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/17/2010	Placed on Calendar
02/17/2010	Read first time
02/17/2010	Referred to Committee on Appropriations
02/23/2010	Assigned App. sub: Economic Development, Agriculture and Natural Resources
03/14/2010	Left in Appropriations