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2020 SESSION
HB 981 Clean Energy and Community Flood Preparedness Act; definitions, funds, report.
Introduced by: Charniele L. Herring | all patrons ... notes | add to my profiles
SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION: (all summaries)
Clean Energy and Community Flood Preparedness Act; fund. Directs the Department of Environmental Quality to incorporate into regulations previously adopted by the State Air Pollution Control Board certain provisions establishing a carbon dioxide cap and trade program to reduce emissions released by electric generation facilities. Such provisions are required to comply with the Regional Greenhouse Gas Initiative model rule. The bill authorizes the Director of the Department of Environmental Quality to establish, implement, and manage an auction program to sell allowances into a market-based trading program. The bill requires revenues from the sale of carbon allowances, to the extent permitted by Article X, Section 7 of the Constitution of Virginia, to be deposited in an interest-bearing account and to be distributed without further appropriation (i) to the Virginia Community Flood Preparedness Fund; (ii) to the Department of Housing and Community Development for low-income energy efficiency programs; (iii) for administrative expenses; and (iv) to the Department of Housing and Community Development in partnership with the Department of Mines, Minerals and Energy to administer and implement low-income energy efficiency programs. The bill continues the Virginia Shoreline Resiliency Fund as the Virginia Community Flood Preparedness Fund for the purpose of creating a low-interest loan program to help inland and coastal communities that are subject to recurrent or repetitive flooding. The bill authorizes the Authority to pledge the assets of the Fund as security for any bonds issued to finance flood prevention or protection projects and directs the Authority to manage the Fund in accordance with a memorandum of agreement with the Department. The bill also authorizes any locality using moneys in the Fund to provide a loan for a project in a low-income geographic area to forgive the principal of such loan, with the obligation of the locality to repay the loan remaining in effect. The bill provides that if the Governor seeks to include the Commonwealth as a full participant in the Regional Greenhouse Gas Initiative, the regulations shall require that certain purchasers be responsible for obtaining allowances under certain agreements. The measure authorizes the costs of allowances to be recovered by Phase I and Phase II Utilities from ratepayers. This bill incorporates HB 20 and HB 1152 and is identical to SB 1027.
FULL TEXT
- 01/07/20 House: Prefiled and ordered printed; offered 01/08/20 20105070D pdf
- 02/04/20 House: Committee substitute printed 20106683D-H1 pdf | impact statement
- 02/18/20 Senate: Committee substitute printed 20108601D-S1 pdf | impact statement
- 02/25/20 Senate: Committee substitute printed 20108602D-S2 pdf
- 03/02/20 House: Bill text as passed House and Senate (HB981ER) pdf | impact statement
- 04/22/20 House: Reenrolled bill text (HB981ER2) pdf
- 04/22/20 Governor: Acts of Assembly Chapter text (CHAP1219) pdf
AMENDMENTS
- House subcommittee amendments and substitutes offered
- House subcommittee amendments and substitutes adopted
- House committee, floor amendments and substitutes offered
- House amendments not adopted
- Governor's recommendation
HISTORY
- 01/07/20 House: Prefiled and ordered printed; offered 01/08/20 20105070D
- 01/07/20 House: Referred to Committee on Agriculture, Chesapeake and Natural Resources
- 01/14/20 House: Assigned ACNR sub: Chesapeake
- 01/22/20 House: Referred from Agriculture, Chesapeake and Natural Resources by voice vote
- 01/22/20 House: Referred to Committee on Labor and Commerce
- 01/28/20 House: Assigned L & C sub: Subcommittee #3
- 01/30/20 House: Subcommittee recommends reporting with substitute (6-Y 4-N)
- 01/30/20 House: Subcommittee recommends referring to Committee on Appropriations
- 02/04/20 House: Reported from Labor and Commerce with substitute (13-Y 9-N)
- 02/04/20 House: Referred to Committee on Appropriations
- 02/04/20 House: Committee substitute printed 20106683D-H1
- 02/04/20 House: Incorporates HB20 (Lindsey)
- 02/04/20 House: Incorporates HB1152 (Lopez)
- 02/05/20 House: Assigned App. sub: Commerce Agriculture & Natural Resources
- 02/07/20 House: Subcommittee recommends reporting (5-Y 2-N)
- 02/07/20 House: Reported from Appropriations (13-Y 9-N)
- 02/09/20 House: Read first time
- 02/10/20 House: Read second time
- 02/10/20 House: Committee substitute agreed to 20106683D-H1
- 02/10/20 House: Amendments by Delegate Wyatt withdrawn
- 02/10/20 House: Engrossed by House - committee substitute HB981H1
- 02/11/20 House: Read third time and passed House (53-Y 46-N)
- 02/11/20 House: VOTE: Passage (53-Y 46-N)
- 02/12/20 Senate: Constitutional reading dispensed
- 02/12/20 Senate: Referred to Committee on Agriculture, Conservation and Natural Resources
- 02/18/20 Senate: Reported from Agriculture, Conservation and Natural Resources with substitute (8-Y 7-N)
- 02/18/20 Senate: Committee substitute printed 20108601D-S1
- 02/18/20 Senate: Rereferred to Finance and Appropriations
- 02/25/20 Senate: Reported from Finance and Appropriations with substitute (12-Y 4-N)
- 02/25/20 Senate: Committee substitute printed 20108602D-S2
- 02/26/20 Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/26/20 Senate: Read third time
- 02/26/20 Senate: Committee substitute rejected 20108601D-S1
- 02/26/20 Senate: Reading of substitute waived
- 02/26/20 Senate: Committee substitute agreed to 20108602D-S2
- 02/26/20 Senate: Engrossed by Senate - committee substitute HB981S2
- 02/26/20 Senate: Passed Senate with substitute (22-Y 18-N)
- 02/26/20 House: Senate substitute agreed to by House 20108602D-S2 (50-Y 43-N)
- 02/26/20 House: VOTE: Adoption (50-Y 43-N)
- 03/02/20 House: Enrolled
- 03/02/20 House: Bill text as passed House and Senate (HB981ER)
- 03/02/20 House: Signed by Speaker
- 03/03/20 Senate: Signed by President
- 03/12/20 House: Enrolled Bill communicated to Governor on March 12, 2020
- 03/12/20 Governor: Governor's Action Deadline 11:59 p.m., April 11, 2020
- 04/11/20 House: Governor's recommendation received by House
- 04/22/20 House: Placed on Calendar
- 04/22/20 House: House concurred in Governor's recommendation (50-Y 45-N)
- 04/22/20 House: VOTE: (50-Y 45-N)
- 04/22/20 Senate: Senate concurred in Governor's recommendation (24-Y 16-N)
- 04/22/20 Governor: Governor's recommendation adopted
- 04/22/20 House: Reenrolled
- 04/22/20 House: Reenrolled bill text (HB981ER2)
- 04/22/20 House: Signed by Speaker as reenrolled
- 04/22/20 Senate: Signed by President as reenrolled
- 04/22/20 House: Enacted, Chapter 1219 (effective 7/1/20)
- 04/22/20 Governor: Acts of Assembly Chapter text (CHAP1219)