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.
2020 SESSION
Supplemental Info Senate Bills with Recommendations by the Governor
prev | next | current | calendar
S.B. 1027.
An Act to amend and reenact §§ 10.1-603.24 and 10.1-603.25 of
the Code of Virginia and to amend the Code of Virginia by adding in Chapter 13
of Title 10.1 an article numbered 4, consisting of sections numbered 10.1-1329,
10.1-1330, and 10.1-1331, relating to Clean Energy and Community Flood
Preparedness Act; fund.
- 03/04/20 Senate: Bill text as passed Senate and House (SB1027ER)
- 02/20/20 House: Committee substitute printed 20108808D-H1
- 02/04/20 Senate: Committee substitute printed 20107677D-S1
- 01/17/20 Senate: Introduced bill reprinted 20105571D
- 01/16/20 Senate: Presented and ordered printed 20105571D
Patrons--Lewis and Boysko
Passed Senate February 11, 2020 (22-Y 18-N)
Passed the House of Delegates with substitute
February 26, 2020
(51-Y 47-N)
GOVERNOR'S RECOMMENDATION
1. Line 43, enrolled, after continued
strike
the remainder of line 43 and through nonreverting on line
44
insert
as a permanent and perpetual
2. Line 44, enrolled, after Preparedness Fund.
strike
the remainder of line 44 and through Comptroller. on line
45
3. Line 51, enrolled, after be
strike
the remainder of line 51 and through credited [first
instance] on line 52
insert
designated for deposit
4. Line 53, enrolled, after including
insert
any appropriated funds and all principal,
5. Line 53, enrolled, after interest
strike
thereon
insert
accrued, and payments
6. Line 60, enrolled, after article.
strike
the remainder of line 60, all of line 61, and through of the
Authority. on line 62
7. Line 63, enrolled, after article
insert
in accordance with a memorandum of agreement with the
Department
8. Line 64, enrolled, after of the Fund.
insert
The Department shall direct distribution of loans and grants
from the Fund in accordance with the provisions of subsection D.
9. Line 65, enrolled, after C.
insert
The Authority is authorized at any time and from time to time
to pledge, assign, or transfer from the Fund or any bank or trust company
designated by the Authority any or all of the assets of the Fund to be held in
trust as security for the payment of principal of, premium, if any, and
interest on any and all bonds, as defined in § 62.1-199, issued to finance any
flood prevention or protection project undertaken pursuant to the provisions of
this article. In addition, the Authority is authorized at any time and from
time to time to sell upon such terms and conditions as the Authority deems
appropriate any loan or interest thereon made pursuant to this article. The net
proceeds of the sale remaining after payment of costs and expenses shall be
designated for deposit to, and become part of, the Fund.
D.
10. At the beginning of line 70, enrolled
strike
D
insert
E
11. At the beginning of line 78, enrolled
strike
E
insert
F
12. At the beginning of line 84, enrolled
strike
F
insert
G