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- Subject Index: Since 1995
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Developed and maintained by the Division of Legislative Automated Systems.
2015 SESSION
HB 1446 Clean energy; financing programs, development of underwriting guidelines.
Introduced by: Daniel W. Marshall, III | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Financing of clean energy programs; development of underwriting guidelines. Expands the requirements of a local ordinance authorizing contracts to provide loans for clean energy improvements. The bill adds water efficiency improvements to the list of improvements for which loans may be offered, allows a locality to contract with a third party to administer the loan program, and requires a locality to identify any administrative fee it intends to impose on participants and sets parameters for the imposition of that fee. The bill also details the priority, enforceability, and other characteristics of the lien, now called a voluntary special assessment lien, that a locality is permitted to place against the property where the clean energy systems are installed. Finally, the bill directs the Department of Mines, Minerals and Energy (DMME) to develop underwriting guidelines for local loans made to finance clean energy improvements. The bill requires DMME to finalize the guidelines by December 1, 2015, incorporating input from certain groups representing real estate, energy efficiency, banking, and other interests or industries and evaluating certain specific criteria. This bill is a recommendation of the Virginia Housing Commission and is identical to SB 801.
FULL TEXT
- 12/30/14 House: Prefiled and ordered printed; offered 01/14/15 15101999D pdf | impact statement
- 02/06/15 House: Committee substitute printed 15104819D-H1 pdf | impact statement
- 02/25/15 House: Bill text as passed House and Senate (HB1446ER) pdf | impact statement
- 03/23/15 Governor: Acts of Assembly Chapter text (CHAP0389) pdf
HISTORY
- 12/30/14 House: Prefiled and ordered printed; offered 01/14/15 15101999D
- 12/30/14 House: Referred to Committee on Counties, Cities and Towns
- 01/16/15 House: Assigned CC & T sub: Subcommittee #2
- 02/04/15 House: Subcommittee recommends reporting with amendment(s) (10-Y 0-N)
- 02/06/15 House: Reported from Counties, Cities and Towns with substitute (21-Y 1-N)
- 02/06/15 House: Committee substitute printed 15104819D-H1
- 02/07/15 House: Read first time
- 02/09/15 House: Read second time
- 02/09/15 House: Committee substitute agreed to 15104819D-H1
- 02/09/15 House: Engrossed by House - committee substitute HB1446H1
- 02/10/15 House: Read third time and passed House (95-Y 4-N 1-A)
- 02/10/15 House: VOTE: PASSAGE (95-Y 4-N 1-A)
- 02/11/15 Senate: Constitutional reading dispensed
- 02/11/15 Senate: Referred to Committee on Local Government
- 02/17/15 Senate: Reported from Local Government (10-Y 0-N)
- 02/19/15 Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/20/15 Senate: Read third time
- 02/20/15 Senate: Passed Senate (37-Y 1-N)
- 02/25/15 House: Enrolled
- 02/25/15 House: Bill text as passed House and Senate (HB1446ER)
- 02/25/15 House: Signed by Speaker
- 02/26/15 Senate: Signed by President
- 02/26/15 House: Enrolled Bill communicated to Governor on 2/26/15
- 02/26/15 Governor: Governor's Action Deadline Midnight, Sunday, March 29, 2015
- 03/23/15 Governor: Approved by Governor-Chapter 389 (effective 7/1/15)
- 03/23/15 Governor: Acts of Assembly Chapter text (CHAP0389)