Local green banks; authorizes a locality, by ordinance, to establish. (HB1919)

Introduced By

Del. Kaye Kory (D-Falls Church)

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, or nonprofit entity and requires the locality to hold a hearing and publish notice in a newspaper of general circulation prior to establishing the green bank. Read the Bill »

Status

01/10/2021: Awaiting a Vote in the Counties, Cities and Towns Committee

History

DateAction
01/10/2021Committee
01/10/2021Prefiled and ordered printed; offered 01/13/21 21102092D
01/10/2021Referred to Committee on Counties, Cities and Towns

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