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

04/18/2021: Awaiting a Vote in the Counties, Cities and Towns Committee

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)