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HB1919

Local green banks; authorizes a locality, by ordinance, to establish.

Status:
Passed

Chief Patron:
Kaye Kory (D)

Session:
2021 Regular Session

Summary

As Passed Both Chambers. Local green banks.

Authorizes a locality, by ordinance, to establish a green bank to promote the investment in clean energy technologies in its locality and provide financing for clean energy technologies, defined in the bill. The bill establishes certain powers and functions of a green bank, including developing rules and procedures, financing and providing loans for clean energy projects, and stimulating demand for renewable energy. The bill requires the green bank to be a public entity, quasi-public entity, depository bank, or nonprofit entity and requires the locality to hold a hearing and publish notice of the hearing in a newspaper of general circulation prior to establishing the green bank. (Less)

  • Bill History

  • 01/10/2021 - House: Prefiled and ordered printed; offered 01/13/21 21102092D
  • 01/10/2021 - House: Referred to Committee on Counties, Cities and Towns
  • 01/19/2021 - House: Assigned CC & T sub: Land Use
  • 01/29/2021 - House: Reported from Counties, Cities and Towns (13-Y 8-N)
  • 02/01/2021 - House: Read first time
  • 02/02/2021 - House: Read second time and engrossed
  • 02/03/2021 - House: Read third time and passed House (55-Y 43-N)
  • 02/03/2021 - House: VOTE: Passage (55-Y 43-N)   Close Floor Vote
  • 02/04/2021 - Senate: Constitutional reading dispensed
  • 02/04/2021 - Senate: Referred to Committee on Local Government
  • 02/05/2021 - Senate: Continued to 2021 Sp. Sess. 1 in Local Government (15-Y 0-N)
  • 02/15/2021 - Senate: Senate committee, floor amendments and substitutes offered
  • 02/15/2021 - Senate: Reported from Local Government with substitute (8-Y 5-N)
  • 02/15/2021 - Senate: Committee substitute printed 21200236D-S1
  • 02/16/2021 - Senate: Constitutional reading dispensed (38-Y 0-N)
  • 02/17/2021 - Senate: Read third time
  • 02/17/2021 - Senate: Reading of substitute waived
  • 02/17/2021 - Senate: Committee substitute agreed to 21200236D-S1
  • 02/17/2021 - Senate: Engrossed by Senate - committee substitute HB1919S1
  • 02/17/2021 - Senate: Passed Senate with substitute (25-Y 13-N)   Close Floor Vote
  • 02/19/2021 - House: Placed on Calendar
  • 02/19/2021 - House: Senate substitute agreed to by House 21200236D-S1 (56-Y 42-N)
  • 02/19/2021 - House: VOTE: Adoption (56-Y 42-N)   Close Floor Vote
  • 02/24/2021 - House: Enrolled
  • 02/24/2021 - House: Bill text as passed House and Senate (HB1919ER)
  • 02/24/2021 - Senate: Signed by President
  • 02/25/2021 - House: Signed by Speaker
  • 02/26/2021 - House: Enrolled Bill communicated to Governor on February 26, 2021
  • 02/26/2021 - Governor: Governor's Action Deadline 11:59 p.m., March 31, 2021
  • 03/30/2021 - Governor: Approved by Governor-Chapter 405 (effective 7/1/21)
  • 03/30/2021 - Governor: Acts of Assembly Chapter text (CHAP0405)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com

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