VA HB351 | 2016 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Introduced on January 5 2016 - 25% progression, died in committee
Action: 2016-02-16 - 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 Commonwealth Resilience Fund, a revolving fund established by this measure that is to serve as a revenue source to assist localities with the implementation of adaptation efforts to combat sea level rise and recurrent flooding. The Commonwealth Resilience Fund also provides funding for energy efficiency and conservation programs; economic assistance for families and businesses in Southwest Virginia; renewable energy generation programs, and costs of administering the program.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Virginia Alternative Energy and Coastal Protection Act; created.

Sponsors


History

DateChamberAction
2016-02-16HouseLeft in Commerce and Labor
2016-02-09HouseSubcommittee recommends laying on the table by voice vote
2016-01-21HouseAssigned C & L sub: Special Subcommittee on Energy
2016-01-05HouseReferred to Committee on Commerce and Labor
2016-01-05HousePrefiled and ordered printed; offered 01/13/16 16102606D

Virginia State Sources


Bill Comments

feedback