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Developed and maintained by the Division of Legislative Automated Systems.
2021 SESSION
HB 2006 Energy storage systems; definitions, tax exemption, revenue share for systems.
Introduced by: Steve E. Heretick | all patrons ... notes | add to my profiles
SUMMARY AS PASSED HOUSE: (all summaries)
Tax exemptions for energy storage systems. Declares that energy storage systems are included in the definition of certified pollution control equipment and facilities, making energy storage systems exempt from state and local taxation. The bill defines "energy storage system" as equipment, facilities, or devices that are capable of absorbing energy, storing it for a period of time, and redelivering that energy after it has been stored. The tax exemption applies only to certain projects with alternating current (AC) storage capacity of more than five megawatts and less than 150 megawatts.
The bill also allows localities to assess a revenue share of up to $1,400 per megawatt on energy storage systems. The bill provides that on July 1, 2026, and every five years thereafter, the maximum amount of the revenue share that a locality may impose on energy storage systems as well as certain solar energy projects shall be increased by 10 percent. No increase may be made to any revenue share imposed by a locality on a solar energy project or energy storage systems for which an application has been filed with the locality and such application has been approved prior to January 1, 2021. The bill defines energy storage systems as electric suppliers whose property shall be assessed by the State Corporation Commission.
FULL TEXT
- 01/11/21 House: Prefiled and ordered printed; offered 01/13/21 21101104D pdf | impact statement
- 01/27/21 House: Committee substitute printed 21103350D-H1 pdf
AMENDMENTS
- House subcommittee amendments and substitutes offered
- House subcommittee amendments and substitutes adopted
HISTORY
- 01/11/21 House: Prefiled and ordered printed; offered 01/13/21 21101104D
- 01/11/21 House: Referred to Committee on Finance
- 01/16/21 House: Assigned Finance sub: Subcommittee #1
- 01/25/21 House: Subcommittee recommends reporting with substitute (10-Y 0-N)
- 01/27/21 House: Reported from Finance with substitute (19-Y 2-N)
- 01/27/21 House: Committee substitute printed 21103350D-H1
- 01/28/21 House: Read first time
- 01/29/21 House: Read second time
- 01/29/21 House: Committee substitute agreed to 21103350D-H1
- 01/29/21 House: Engrossed by House - committee substitute HB2006H1
- 02/01/21 House: Read third time and passed House (88-Y 11-N 1-A)
- 02/01/21 House: VOTE: Passage (88-Y 11-N 1-A)
- 02/02/21 Senate: Constitutional reading dispensed
- 02/02/21 Senate: Referred to Committee on Finance and Appropriations
- 02/05/21 Senate: Continued to 2021 Sp. Sess. 1 in Finance and Appropriations (16-Y 0-N)