Solar energy; revenue share for projects. (HB2269)

Introduced By

Del. Steve Heretick (D-Portsmouth)

Progress

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

Description

Revenue share for solar energy projects. Provides that every five years the maximum amount of the revenue share that a locality may impose on certain solar energy projects shall be adjusted by the percentage by which the Consumer Price Index for All Urban Consumers (CPI-U), as published by the Bureau of Labor Statistics of the U.S. Department of Labor, for the most recent calendar year exceeds the CPI-U published at the close of the 12-month period ending on December 31, 2020. The bill also provides that the locality may substitute the Marshall and Swift Building Cost Index, or any successor index, for the CPI-U in its calculation of the adjustment. Read the Bill »

Status

01/19/2021: Awaiting a Vote in the Finance Committee

History

DateAction
01/13/2021Committee
01/13/2021Presented and ordered printed 21102751D
01/13/2021Referred to Committee on Labor and Commerce
01/15/2021Impact statement from TAX (HB2269)
01/19/2021Referred from Labor and Commerce
01/19/2021Referred to Committee on Finance
01/19/2021Assigned Finance sub: Subcommittee #1

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