C-PACE loans; shoreline resiliency improvements. (SB1559)

Introduced By

Sen. Lynwood Lewis (D-Accomac) with support from co-patron Sen. Monty Mason (D-Williamsburg)

Progress

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

Description

C-PACE loans; shoreline resiliency improvements. Authorizes any locality, by ordinance, to authorize contracts to provide loans for the initial acquisition and installation of shoreline resiliency improvements, including improvements for the mitigation of flooding or the impacts of flooding or stormwater management improvements with a preference for natural or nature-based features and living shorelines with free and willing property owners of both existing properties and new construction. Current law authorizes such contracts only for clean energy improvements. Such ordinance shall include (i) a minimum and maximum aggregate dollar amount that may be financed with respect to a property and (ii) if a locality or other public body is originating the loan, a maximum aggregate dollar amount that may be financed with respect to loans originated by the locality or other public body. Amends § 15.2-958.3, of the Code of Virginia. Read the Bill »

Status

02/22/2019: Passed the General Assembly

History

DateAction
01/09/2019Prefiled and ordered printed; offered 01/09/19 19102285D
01/09/2019Referred to Committee on Local Government
01/29/2019Reported from Local Government with substitute (13-Y 0-N) (see vote tally)
01/29/2019Committee substitute printed 19106110D-S1
01/31/2019Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/01/2019Read second time
02/01/2019Reading of substitute waived
02/01/2019Committee substitute agreed to 19106110D-S1
02/01/2019Engrossed by Senate - committee substitute SB1559S1
02/04/2019Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/06/2019Placed on Calendar
02/06/2019Read first time
02/06/2019Referred to Committee on Counties, Cities and Towns
02/06/2019Assigned CC & T sub: Subcommittee #2
02/07/2019Impact statement from DHCD (SB1559)
02/13/2019Subcommittee recommends reporting (8-Y 0-N)
02/15/2019Reported from Counties, Cities and Towns (21-Y 0-N) (see vote tally)
02/18/2019Read second time
02/19/2019Read third time
02/19/2019Passed House BLOCK VOTE (98-Y 0-N)
02/19/2019VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
02/19/2019Reconsideration of House passage agreed to by House
02/19/2019Passed House BLOCK VOTE (99-Y 0-N)
02/19/2019VOTE: BLOCK VOTE PASSAGE #2 (99-Y 0-N) (see vote tally)
02/22/2019Enrolled
02/22/2019Bill text as passed Senate and House (SB1559ER)
02/22/2019Signed by President
02/22/2019Signed by Speaker
03/04/2019Enrolled Bill Communicated to Governor on March 4, 2019
03/04/2019G Governor's Action Deadline Midnight, March 26, 2019

Post a Public Comment About this Bill



if you have one


(Limited HTML is OK: <a>, <em>, <strong>, <s>)