SEARCH SITE
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.
2014 SESSION
SB 653 Renewable energy property; grants for placing into service, Renewable Energy Property Grant Fund.
Introduced by: Thomas K. Norment, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION: (all summaries)
Renewable energy property grants. Establishes, beginning with fiscal year 2016, grants for placing into service renewable energy property. The grant would equal 35 percent of the costs paid or incurred to place the renewable energy property into service, not to exceed $2.5 million for any individual piece of renewable energy property. The bill provides that grants in excess of 2.5 percent of the total program appropriation for the relevant fiscal year would be paid in three equal calendar year installments. No grant would be awarded for renewable energy property that generated electricity within the 12 months preceding the date of the grant application or renewable energy property paid for by utility ratepayer funds. The bill defines renewable energy as energy derived from sunlight, wind, falling water, biomass, waste, landfill gas, municipal solid waste, wave motion, tides, or geothermal power, but not including energy derived from coal, oil, natural gas, or nuclear power. The Department of Mines, Minerals and Energy would administer the grant program. The Department would be authorized, subject to appropriation, to award up to $10 million in renewable energy property grants for fiscal year 2016. The act contains a second enactment that requires the act to be reenacted in the 2015 General Assembly in order to become effective.
FULL TEXT
- 01/17/14 Senate: Presented and ordered printed 14103588D pdf | impact statement
- 02/05/14 Senate: Committee substitute printed 14104843D-S1 pdf | impact statement
- 02/28/14 Senate: Bill text as passed Senate and House (SB653ER) pdf | impact statement
- 04/06/14 Governor: Acts of Assembly Chapter text (CHAP0725) pdf
AMENDMENTS
HISTORY
- 01/17/14 Senate: Presented and ordered printed 14103588D
- 01/17/14 Senate: Referred to Committee on Finance
- 02/05/14 Senate: Reported from Finance with substitute (17-Y 0-N)
- 02/05/14 Senate: Committee substitute printed 14104843D-S1
- 02/06/14 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/07/14 Senate: Read second time
- 02/07/14 Senate: Reading of substitute waived
- 02/07/14 Senate: Committee substitute agreed to 14104843D-S1
- 02/07/14 Senate: Engrossed by Senate - committee substitute SB653S1
- 02/10/14 Senate: Read third time and passed Senate (39-Y 1-N)
- 02/12/14 House: Placed on Calendar
- 02/12/14 House: Read first time
- 02/12/14 House: Referred to Committee on Commerce and Labor
- 02/18/14 House: Referred from Commerce and Labor by voice vote
- 02/18/14 House: Referred to Committee on Appropriations
- 02/25/14 House: Reported from Appropriations with amendment (20-Y 2-N)
- 02/26/14 House: Constitutional readings dispensed (99-Y 0-N)
- 02/26/14 House: VOTE: AGREE TO (99-Y 0-N)
- 02/26/14 House: Committee amendment agreed to
- 02/26/14 House: Engrossed by House as amended
- 02/26/14 House: Passed House with amendment (90-Y 8-N)
- 02/26/14 House: VOTE: PASSAGE (90-Y 8-N)
- 02/26/14 Senate: House amendment agreed to by Senate (38-Y 1-N)
- 02/28/14 Senate: Enrolled
- 02/28/14 Senate: Bill text as passed Senate and House (SB653ER)
- 03/03/14 House: Signed by Speaker
- 03/03/14 Senate: Signed by President
- 04/06/14 Governor: Approved by Governor-Chapter 725 (effective - see bill)
- 04/06/14 Governor: Acts of Assembly Chapter text (CHAP0725)