VIRGINIA LAW PORTAL

• Code of Virginia
• Virginia Administrative Code
• Constitution of Virginia
• Charters
• Authorities
• Compacts
• Uncodified Acts
• RIS Users (account required)

SEARCHABLE DATABASES

• Bills & Resolutions
  session legislation
• Bill Summaries
  session summaries
• Reports to the General Assembly
  House and Senate documents
• Legislative Liaisons
  State agency contacts

ACROSS SESSIONS

• Subject Index: Since 1995
• Bills & Resolutions: Since 1994
• Summaries: Since 1994

Developed and maintained by the Division of Legislative Automated Systems.

2003 SESSION

• | print version

HB 2783 Financial assurance for landfills.

Introduced by: Terry G. Kilgore | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Financial assurance for landfills. Requires the Virginia Waste Management Board, when calculating the amount to be set aside by an owner for assuring the proper closure of a landfill, to include the interest earned by an escrow account. Currently, those local governments using the financial test mechanism as the means of assuring they have enough funds to properly close their landfill have to meet a liquidity and debt service ratio. If these ratios are not met, the locality has to set the required amount aside in an escrow account; however, in calculating the amount to be set aside no credit is given for interest earned by the escrow account. This bill would include the amount of interest earned by the escrow account in calculating the amount to be set aside.

FULL TEXT

• 01/17/03  House: Presented & ordered printed 033717816  pdf | impact statement

HISTORY

• 01/17/03  House: Presented & ordered printed 033717816
• 01/17/03  House: Referred to Committee on Agriculture, Chesapeake and Natural Resources
• 01/29/03  House: Stricken at request of Patron in A., C. & N. R. (22-Y 0-N)