Business park electric transmission infrastructure pilot program; location of qualifying projects. (HB405)

Introduced By

Del. Jason Ballard (R-Pearisburg) with support from co-patrons Del. Terry Kilgore (R-Gate City), Del. Danny Marshall (R-Danville), Del. Israel O'Quinn (R-Bristol), and Del. Wren Williams (R-Stuart)

Progress

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

Description

Business park electric transmission infrastructure pilot program; location of qualifying projects. Amends the definition of "business park" by adding that a business park may be established by a locality and by removing the requirement that a business park be located in an area of the Commonwealth designated as an opportunity zone by the U.S. Secretary of the Treasury via his delegation of authority to the Internal Revenue Service. The bill also removes the requirement that the location of a qualifying project for an existing pilot program to promote economic development in the Commonwealth by allowing Dominion Energy Virginia and Appalachian Power to complete the construction phase of electric transmission infrastructure for up to three business parks prior to the public announcement of a prospective occupant of the business parks be in an opportunity zone and provides that such a qualifying project may be within a business park in Planning District 19. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/11/2022Committee
01/11/2022Prefiled and ordered printed; offered 01/12/22 22101558D
01/11/2022Referred to Committee on Commerce and Energy
01/20/2022Assigned sub: Subcommittee #1
01/25/2022House subcommittee amendments and substitutes offered
01/25/2022Subcommittee recommends reporting with substitute (7-Y 1-N)
01/27/2022Reported from Commerce and Energy with substitute (22-Y 0-N) (see vote tally)
01/27/2022Committee substitute printed 22105089D-H1
01/31/2022Read first time
02/01/2022Read second time
02/01/2022Committee substitute agreed to 22105089D-H1
02/01/2022Engrossed by House - committee substitute HB405H1
02/02/2022Read third time and passed House BLOCK VOTE (98-Y 0-N)
02/02/2022VOTE: Block Vote Passage (98-Y 0-N) (see vote tally)
02/03/2022Constitutional reading dispensed
02/03/2022Referred to Committee on Commerce and Labor
02/07/2022Impact statement from DPB (HB405H1)
02/18/2022Assigned C&L sub: Energy
02/21/2022Senate committee, floor amendments and substitutes offered
02/28/2022Reported from Commerce and Labor with amendments (15-Y 0-N) (see vote tally)
03/02/2022Constitutional reading dispensed (40-Y 0-N) (see vote tally)
03/03/2022Read third time
03/03/2022Reading of amendments waived
03/03/2022Committee amendments agreed to
03/03/2022Engrossed by Senate as amended
03/03/2022Passed Senate with amendments (39-Y 0-N) (see vote tally)
03/07/2022Senate amendments agreed to by House (98-Y 0-N)
03/07/2022VOTE: Adoption (98-Y 0-N) (see vote tally)
03/10/2022Enrolled
03/10/2022Bill text as passed House and Senate (HB405ER)
03/10/2022Signed by Speaker
03/10/2022Signed by President
03/11/2022Impact statement from DPB (HB405ER)
03/22/2022Enrolled Bill communicated to Governor on March 22, 2022
03/22/2022G Governor's Action Deadline 11:59 p.m., April 11, 2022
04/08/2022G Approved by Governor-Chapter 216 (effective 7/1/22)
04/08/2022G Acts of Assembly Chapter text (CHAP0216)