Lower carbon concrete; performance bonus for contractors to utilize approved products in projects. (SB272)

Introduced By

Sen. Ghazala Hashmi (D-Midlothian)

Progress

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

Description

Lower carbon concrete; report. Provides a performance bonus for contractors to utilize approved lower carbon concrete products in projects with the Department of General Services (DGS) and the Department of Transportation (VDOT). The bill directs the Department of Environmental Quality to develop, in conjunction with DGS and VDOT, the baseline for determining if a concrete product is lower carbon concrete. The bill requires VDOT and DGS to report annually to the Governor and the General Assembly concerning the use of the performance bonus. The bill also creates a nonrefundable tax credit for taxable years beginning on and after January 1, 2022, but before January 1, 2026, for certain technology implementation costs incurred by concrete producers in the production of lower carbon concrete equal to the amount actually paid by the producer for the technology implementation, up to a maximum of $5,000. Read the Bill »

Status

01/25/2022: passed committee

History

DateAction
01/11/2022Prefiled and ordered printed; offered 01/12/22 22101529D
01/11/2022Referred to Committee on Agriculture, Conservation and Natural Resources
01/25/2022Senate committee, floor amendments and substitutes offered
01/25/2022Reported from Agriculture, Conservation and Natural Resources with substitite (9-Y 6-N) (see vote tally)
01/25/2022Committee substitute printed 22105171D-S1

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