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

08/03/2021: Awaiting a Vote in the Counties, Cities and Towns Committee

History

DateAction
01/10/2021Prefiled and ordered printed; offered 01/13/21 21102092D
01/10/2021Referred to Committee on Counties, Cities and Towns
01/19/2021Assigned CC & T sub: Land Use
01/29/2021Reported from Counties, Cities and Towns (13-Y 8-N) (see vote tally)
02/01/2021Read first time
02/02/2021Read second time and engrossed
02/03/2021Read third time and passed House (55-Y 43-N)
02/03/2021VOTE: Passage (55-Y 43-N) (see vote tally)
02/04/2021Constitutional reading dispensed
02/04/2021Referred to Committee on Local Government
02/05/2021Continued to 2021 Sp. Sess. 1 in Local Government (15-Y 0-N) (see vote tally)
02/15/2021Senate committee, floor amendments and substitutes offered
02/15/2021Reported from Local Government with substitute (8-Y 5-N) (see vote tally)
02/15/2021Committee substitute printed 21200236D-S1
02/16/2021Constitutional reading dispensed (38-Y 0-N) (see vote tally)
02/17/2021Read third time
02/17/2021Reading of substitute waived
02/17/2021Committee substitute agreed to 21200236D-S1
02/17/2021Engrossed by Senate - committee substitute HB1919S1
02/17/2021Passed Senate with substitute (25-Y 13-N) (see vote tally)
02/19/2021Placed on Calendar
02/19/2021Senate substitute agreed to by House 21200236D-S1 (56-Y 42-N)
02/19/2021VOTE: Adoption (56-Y 42-N)
02/24/2021Enrolled
02/24/2021Bill text as passed House and Senate (HB1919ER)
02/24/2021Signed by President
02/25/2021Signed by Speaker
02/26/2021Enrolled Bill communicated to Governor on February 26, 2021
02/26/2021G Governor's Action Deadline 11:59 p.m., March 31, 2021
03/30/2021G Approved by Governor-Chapter 405 (effective 7/1/21)
03/30/2021G Acts of Assembly Chapter text (CHAP0405)