Local green banks; authorizes a locality, by ordinance, to establish. (HB1919)
Introduced By
Del. Kaye Kory (D-Falls Church) with support from co-patrons Del. Mark Keam (D-Vienna), Del. Mark Levine (D-Alexandria), Del. Alfonso Lopez (D-Arlington), and Del. Rip Sullivan (D-Arlington)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Local green banks. Authorizes a locality, by ordinance, to establish a green bank to promote the investment in clean energy technologies in its locality and provide financing for clean energy technologies, defined in the bill. The bill establishes certain powers and functions of a green bank, including developing rules and procedures, financing and providing loans for clean energy projects, and stimulating demand for renewable energy. The bill requires the green bank to be a public entity, quasi-public entity, depository bank, or nonprofit entity and requires the locality to hold a hearing and publish notice of the hearing in a newspaper of general circulation prior to establishing the green bank. Read the Bill »
Status
03/30/2021: signed by governor
History
| Date | Action |
|---|---|
| 01/10/2021 | Prefiled and ordered printed; offered 01/13/21 21102092D |
| 01/10/2021 | Referred to Committee on Counties, Cities and Towns |
| 01/19/2021 | Assigned CC & T sub: Land Use |
| 01/29/2021 | Reported from Counties, Cities and Towns (13-Y 8-N) (see vote tally) |
| 02/01/2021 | Read first time |
| 02/02/2021 | Read second time and engrossed |
| 02/03/2021 | Read third time and passed House (55-Y 43-N) |
| 02/03/2021 | VOTE: Passage (55-Y 43-N) (see vote tally) |
| 02/04/2021 | Constitutional reading dispensed |
| 02/04/2021 | Referred to Committee on Local Government |
| 02/05/2021 | Continued to 2021 Sp. Sess. 1 in Local Government (15-Y 0-N) (see vote tally) |
| 02/15/2021 | Senate committee, floor amendments and substitutes offered |
| 02/15/2021 | Reported from Local Government with substitute (8-Y 5-N) (see vote tally) |
| 02/15/2021 | Committee substitute printed 21200236D-S1 |
| 02/16/2021 | Constitutional reading dispensed (38-Y 0-N) (see vote tally) |
| 02/17/2021 | Read third time |
| 02/17/2021 | Reading of substitute waived |
| 02/17/2021 | Committee substitute agreed to 21200236D-S1 |
| 02/17/2021 | Engrossed by Senate - committee substitute HB1919S1 |
| 02/17/2021 | Passed Senate with substitute (25-Y 13-N) (see vote tally) |
| 02/19/2021 | Placed on Calendar |
| 02/19/2021 | Senate substitute agreed to by House 21200236D-S1 (56-Y 42-N) |
| 02/19/2021 | VOTE: Adoption (56-Y 42-N) |
| 02/24/2021 | Enrolled |
| 02/24/2021 | Bill text as passed House and Senate (HB1919ER) |
| 02/24/2021 | Signed by President |
| 02/25/2021 | Signed by Speaker |
| 02/26/2021 | Enrolled Bill communicated to Governor on February 26, 2021 |
| 02/26/2021 | G Governor's Action Deadline 11:59 p.m., March 31, 2021 |
| 03/30/2021 | G Approved by Governor-Chapter 405 (effective 7/1/21) |
| 03/30/2021 | G Acts of Assembly Chapter text (CHAP0405) |