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]
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.
Title
Virginia Alternative Energy and Coastal Protection Act; created.
Sponsors
Del. Ron Villanueva [R] | Del. Gordon Helsel [R] | Sen. Monty Mason [D] | Del. Kathleen Murphy [D] |
Del. Marcus Simon [D] |
History
Date | Chamber | Action |
---|---|---|
2016-02-16 | House | Left in Commerce and Labor |
2016-02-09 | House | Subcommittee recommends laying on the table by voice vote |
2016-01-21 | House | Assigned C & L sub: Special Subcommittee on Energy |
2016-01-05 | House | Referred to Committee on Commerce and Labor |
2016-01-05 | House | Prefiled and ordered printed; offered 01/13/16 16102606D |
Virginia State Sources
Type | Source |
---|---|
Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?161+sum+HB351 |
Text | https://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB351+hil |