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HB1859

Clean energy and other programs; local financing when owner costs are incurred.

Status:
Passed

Chief Patron:
Nancy Guy (D)

Session:
2021 Regular Session

Summary

As Passed House of Origin. Local financing of clean energy and other programs; when owner costs are incurred.

Changes the parameters for local ordinances authorizing loan contracts for the installation by property owners of clean energy, resiliency, or stormwater management improvements. The bill provides that if the property owner incurred the costs of improvements to be refinanced or reimbursed within two years of the locality's issuance of a certificate of occupancy or other evidence that the clean energy, resiliency, or stormwater management improvements comply substantially with the plans and specifications previously approved by the locality, the loan amount may include the total costs of such improvements. The bill removes the requirement that the applicable local ordinance include the proposed interest rate for the loan program and the maximum aggregate dollar amount that may be financed with respect to a property, and it provides that no loan offered under the program shall be used to improve a residential dwelling with fewer than five dwelling units or a residential condominium. The bill alters the fee options available to the locality and provides that the placement of a voluntary special assessment lien does not require a new assessment on the value of the real property. The bill contains technical amendments. (Less)

  • Bill History

  • 01/07/2021 - House: Prefiled and ordered printed; offered 01/13/21 21101155D
  • 01/07/2021 - House: Referred to Committee on Counties, Cities and Towns
  • 01/15/2021 - House: House committee, floor amendments and substitutes offered
  • 01/15/2021 - House: Reported from Counties, Cities and Towns with substitute (16-Y 6-N)
  • 01/15/2021 - House: Committee substitute printed 21103098D-H1
  • 01/18/2021 - House: Read first time
  • 01/19/2021 - House: Read second time
  • 01/19/2021 - House: Committee substitute agreed to 21103098D-H1
  • 01/19/2021 - House: Engrossed by House - committee substitute HB1859H1
  • 01/20/2021 - House: Read third time and passed House (61-Y 38-N)
  • 01/20/2021 - House: VOTE: Passage (61-Y 38-N)   Close Floor Vote
  • 01/21/2021 - Senate: Constitutional reading dispensed
  • 01/21/2021 - Senate: Referred to Committee on Local Government
  • 02/01/2021 - Senate: Reported from Local Government (11-Y 2-N 2-A)
  • 02/02/2021 - Senate: Constitutional reading dispensed (39-Y 0-N)
  • 02/03/2021 - Senate: Read third time
  • 02/03/2021 - Senate: Passed Senate (26-Y 12-N 1-A)
  • 02/08/2021 - House: Enrolled
  • 02/08/2021 - House: Bill text as passed House and Senate (HB1859ER)
  • 02/10/2021 - House: Signed by Speaker
  • 02/10/2021 - Senate: Signed by President
  • 02/11/2021 - House: Enrolled Bill communicated to Governor on February 11, 2021
  • 02/11/2021 - Governor: Governor's Action Deadline 11:59 p.m., March 10, 2021
  • 03/01/2021 - Governor: Approved by Governor-Chapter 6 (effective 7/1/21)
  • 03/01/2021 - Governor: Acts of Assembly Chapter text (CHAP0006)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com

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