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2023 SESSION

• | print version

HB 1780 Small modular reactor plant; revenue-sharing agreement among certain localities.

Introduced by: Israel D. O'Quinn | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

Small modular reactor plant revenue-sharing agreement among certain localities. Requires the Counties of Buchanan, Dickenson, Lee, Russell, Scott, Tazewell, and Wise and the City of Norton to enter into a perpetual revenue-sharing agreement regarding advanced nuclear technologies and an advanced nuclear reactor to be located in one of these localities. The measure establishes the percentage of the revenue to be allocated to each locality and provides that the host locality shall retain the remaining six percent of the revenue. The bill requires any direct costs of infrastructure improvements incurred by the host locality for purposes of the small modular reactor plant or facility to be allocated among the localities in the same proportion as the revenues from the plant or facility.

FULL TEXT

• 01/10/23  House: Prefiled and ordered printed; offered 01/11/23 23102971D  pdf
• 02/06/23  House: Printed as engrossed 23102971D-E  pdf

AMENDMENTS

• House subcommittee amendments and substitutes offered
• House subcommittee amendments and substitutes adopted
• House amendments adopted

HISTORY

• 01/10/23  House: Prefiled and ordered printed; offered 01/11/23 23102971D
• 01/10/23  House: Referred to Committee on Finance
• 01/19/23  House: Assigned Finance sub: Subcommittee #3
• 01/27/23  House: Subcommittee recommends reporting with amendments (7-Y 0-N)
• 02/01/23  House: Reported from Finance with amendment(s) (20-Y 2-N)
• 02/03/23  House: Read first time
• 02/06/23  House: Read second time
• 02/06/23  House: Committee amendments agreed to
• 02/06/23  House: Engrossed by House as amended HB1780E
• 02/06/23  House: Printed as engrossed 23102971D-E
• 02/07/23  House: Read third time and passed House (89-Y 10-N)
• 02/07/23  House: VOTE: Passage (89-Y 10-N)
• 02/08/23  Senate: Constitutional reading dispensed
• 02/08/23  Senate: Referred to Committee on Finance and Appropriations
• 02/14/23  Senate: Passed by indefinitely in Finance and Appropriations (10-Y 6-N)