VA HB2018 | 2017 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 10 2017 - 25% progression, died in committee
Action: 2017-02-08 - Left in Commerce and Labor
Pending: House Commerce and Labor Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Virginia Alternative Energy and Coastal Protection Act. Requires the Governor to seek to join the Regional Greenhouse Gas Initiative or other carbon trading program with an open auction of carbon allowances. The Department of Environmental Quality is directed to establish a carbon dioxide cap and trade program to reduce emissions released by electric generation stations. The revenues from the sale of carbon allowances are to be deposited in the Virginia Shoreline Resiliency Fund, a revolving fund established in 2016 for the purposes of mitigating future flood damage and creating a low-interest loan program to help residents and businesses that are subject to recurrent flooding.

Tracking Information

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Title

Virginia Alternative Energy and Coastal Protection Act; established, report.

Sponsors


History

DateChamberAction
2017-02-08HouseLeft in Commerce and Labor
2017-01-31HouseSubcommittee recommends laying on the table by voice vote
2017-01-17HouseAssigned C & L sub: Special Subcommittee on Energy
2017-01-10HouseReferred to Committee on Commerce and Labor
2017-01-10HousePrefiled and ordered printed; offered 01/11/17 17102526D

Subjects


Virginia State Sources


Bill Comments

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