Regional Greenhouse Gas Initiative (RGGI); preexisting contracts. (HB892)
Introduced By
Del. Terry Kilgore (R-Gate City)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
✓ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Regional Greenhouse Gas Initiative; preexisting contracts. Establishes a reserve account for the purchase of Regional Greenhouse Gas Initiative (RGGI) allowances by an entity that has a preexisting contractual arrangement related to a power purchase entered into on or before May 16, 2017, and continuing in effect on July 1, 2020, through December 31, 2025. Such entity is authorized under the bill to purchase RGGI credits at a discounted rate, subject to conditions set forth in the bill, if, because of the preexisting contractual arrangement, the entity is unable to pass through or recover its RGGI costs. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/12/2022 | Committee |
| 01/12/2022 | Prefiled and ordered printed; offered 01/12/22 22101448D |
| 01/12/2022 | Referred to Committee on Commerce and Energy |
| 02/03/2022 | Impact statement from DPB (HB892) |
| 02/03/2022 | Reported from Commerce and Energy (12-Y 10-N) (see vote tally) |
| 02/07/2022 | Read first time |
| 02/08/2022 | Read second time and engrossed |
| 02/09/2022 | Read third time and passed House (51-Y 48-N) |
| 02/09/2022 | VOTE: Passage (51-Y 48-N) (see vote tally) |
| 02/10/2022 | Constitutional reading dispensed |
| 02/10/2022 | Referred to Committee on Commerce and Labor |
| 02/21/2022 | Rereferred from Commerce and Labor (14-Y 0-N) (see vote tally) |
| 02/21/2022 | Rereferred to Agriculture, Conservation and Natural Resources |
| 02/22/2022 | Reported from Agriculture, Conservation and Natural Resources with amendment (9-Y 6-N) (see vote tally) |
| 02/22/2022 | Rereferred to Finance and Appropriations |
| 03/01/2022 | Passed by indefinitely in Finance and Appropriations (9-Y 6-N) (see vote tally) |