Clean Energy and Community Flood Preparedness Act; definitions, funds, report. (SB1027)

Introduced By

Sen. Lynwood Lewis (D-Accomac) with support from co-patron Sen. Jennifer Boysko (D-Herndon)

Progress

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

Description

Clean Energy and Community Flood Preparedness Act; fund. Directs the Department of Environmental Quality to incorporate into regulations previously adopted by the State Air Pollution Control Board certain provisions establishing a carbon dioxide cap and trade program to reduce emissions released by electric generation facilities. Such provisions are required to comply with the Regional Greenhouse Gas Initiative model rule. The bill authorizes the Director of the Department of Environmental Quality to establish, implement, and manage an auction program to sell allowances into a market-based trading program. The bill requires revenues from the sale of carbon allowances, to the extent permitted by Article X, Section 7 of the Constitution of Virginia, to be deposited in an interest-bearing account and to be distributed without further appropriation (i) to the Virginia Community Flood Preparedness Fund; (ii) to the Department of Housing and Community Development for low-income energy efficiency programs; (iii) for administrative expenses; and (iv) to the Department of Housing and Community Development in partnership with the Department of Mines, Minerals and Energy to administer and implement low-income energy efficiency programs. The bill authorizes any locality using moneys in the Fund to provide a loan for a project in a low-income geographic area to forgive the principal of such loan, with the obligation of the locality to repay the loan remaining in effect. The bill also provides that if the Governor seeks to include the Commonwealth as a full participant in the Regional Greenhouse Gas Initiative, the regulations shall require that certain purchasers be responsible for obtaining allowances under certain agreements. The bill authorizes the costs of allowances to be recovered by Phase I and Phase II Utilities from ratepayers and continues the Virginia Shoreline Resiliency Fund as the Virginia Community Flood Preparedness Fund for the purpose of creating a low-interest loan program to help inland and coastal communities that are subject to recurrent or repetitive flooding. This bill is identical to HB 981. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/16/2020Presented and ordered printed 20105571D
01/16/2020Referred to Committee on Agriculture, Conservation and Natural Resources
01/17/2020Introduced bill reprinted 20105571D
02/04/2020Committee substitute printed 20107677D-S1
02/04/2020Reported from Agriculture, Conservation and Natural Resources with substitite (8-Y 7-N) (see vote tally)
02/04/2020Rereferred to Finance and Appropriations
02/06/2020Reported from Finance and Appropriations (12-Y 4-N) (see vote tally)
02/10/2020Constitutional reading dispensed (36-Y 0-N) (see vote tally)
02/11/2020Read second time
02/11/2020Reading of substitute waived
02/11/2020Committee substitute agreed to 20107677D-S1
02/11/2020Reading of amendments waived
02/11/2020Amendments by Senator McDougle rejected (19-Y 21-N) (see vote tally)
02/11/2020Engrossed by Senate - committee substitute SB1027S1
02/11/2020Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/11/2020Passed Senate (22-Y 18-N) (see vote tally)
02/14/2020Placed on Calendar
02/14/2020Read first time
02/14/2020Referred to Committee on Agriculture, Chesapeake and Natural Resources
02/19/2020Referred from Agriculture, Chesapeake and Natural Resources
02/19/2020Referred to Committee on Labor and Commerce
02/20/2020House committee, floor amendments and substitutes offered
02/20/2020Reported from Labor and Commerce with substitute (13-Y 9-N) (see vote tally)
02/20/2020Referred to Committee on Appropriations
02/20/2020Committee substitute printed 20108808D-H1
02/21/2020Reported from Appropriations (13-Y 9-N) (see vote tally)
02/25/2020Read second time
02/25/2020Impact statement from DPB (SB1027H1)
02/26/2020Read third time
02/26/2020Committee substitute agreed to 20108808D-H1
02/26/2020Engrossed by House - committee substitute SB1027H1
02/26/2020Passed House with substitute (51-Y 47-N)
02/26/2020VOTE: Passage (51-Y 47-N) (see vote tally)
02/26/2020House substitute agreed to by Senate (23-Y 17-N) (see vote tally)
02/26/2020Title replaced 20108808D-H1
03/04/2020Enrolled
03/04/2020Bill text as passed Senate and House (SB1027ER)
03/04/2020Impact statement from DPB (SB1027ER)
03/05/2020Signed by President
03/06/2020Signed by Speaker
03/12/2020Enrolled Bill Communicated to Governor on March 12, 2020
03/12/2020G Governor's Action Deadline 11:59 p.m., April 11, 2020
04/11/2020Governor's recommendation received by Senate
04/22/2020Senate concurred in Governor's recommendation (23-Y 17-N) (see vote tally)
04/22/2020House concurred in Governor's recommendation (47-Y 45-N)
04/22/2020VOTE: (47-Y 45-N)
04/22/2020G Governor's recommendation adopted
04/22/2020Reenrolled
04/22/2020Reenrolled bill text (SB1027ER2)
04/22/2020Signed by President as reenrolled
04/22/2020Signed by Speaker as reenrolled
04/22/2020Enacted, Chapter 1280 (effective 7/1/20)
04/22/2020G Acts of Assembly Chapter text (CHAP1280)
05/01/2020VOTE: (47-Y 45-N)