VirginiaCommercial Property Assessed Clean Energy (C-PACE); changes to financing program, definitions.
What it does
C-PACE financing programs. Makes several changes to the Commercial Property Assessed Clean Energy (C-PACE) financing program, including adding a definition of property owner to include a lessee and providing that the lessee may also be eligible for a C-PACE loan by complying with certain conditions, including consent of the fee simple property owner. The bill also (i) changes from two years to three years from a locality's issuance of a certificate of occupancy the time period within which a local C-PACE ordinance may allow submittal of a loan application and (ii) provides that a locality agrees to execute a locality agreement within 30 days of the adoption of the ordinance that opts them into the statewide C-PACE loan program.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Mar 21Acts of Assembly Chapter text (CHAP0205)Latest
- Mar 21Approved by Governor Glenn Youngkin-Chapter 205 (Effective 07/01/25)Became Law
- Mar 5Governor's Action Deadline 11:59 p.m., March 24, 2025To Governor
- Mar 5Enrolled Bill communicated to Governor on March 5, 2025Minor
- Feb 24Fiscal Impact Statement from Department of Planning and Budget (HB1819)
- Feb 23Signed by PresidentMajor
- Feb 20Signed by SpeakerMajor
- Feb 20Bill text as passed House and Senate (HB1819ER)Major
- Feb 20EnrolledMinor
- Feb 18Senate substitute agreed to by House (95-Y 1-N)Major
- Vote recorded Senate substitute agreed to by House (95-Y 1-N). Result: pass.Lower
- Feb 14Passed Senate with substitute (35-Y 0-N)Passed Senate
- Vote recorded Passed Senate with substitute (35-Y 0-N). Result: pass.Upper
- Feb 14Engrossed by Senate - committee substituteMajor
- Feb 14Finance and Appropriations Substitute agreed to
- Feb 14Reading of substitute waived
- Feb 14Read third timeMinor
- Feb 14Fiscal Impact Statement from Department of Planning and Budget (HB1819)
- Feb 13Passed by for the day
- Vote recorded Constitutional reading dispensed (on 2nd reading) (40-Y 0-N). Result: pass.Upper
- Feb 13Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
- Feb 13Rules suspended
- Feb 12Committee substitute printed 25107292D-S1Major
- Vote recorded Reported from Finance and Appropriations with substitute (15-Y 0-N). Result: pass.Upper
- Feb 12Reported from Finance and Appropriations with substitute (15-Y 0-N)Minor
- Feb 10Reported from Local Government and rereferred to Finance and Appropriations (13-Y 2-N)Minor
- Vote recorded Reported from Local Government and rereferred to Finance and Appropriations (13-Y 2-N). Result: pass.Upper
- Jan 29Fiscal Impact Statement from Department of Planning and Budget (HB1819)
- Jan 24Referred to Committee on Local GovernmentMinor
- Jan 24Constitutional reading dispensed (on 1st reading)
- Jan 23Read third time and passed House (97-Y 0-N)Passed House
- Vote recorded Read third time and passed House (97-Y 0-N). Result: pass.Lower
- Jan 22Engrossed by House - committee substituteMajor
- Jan 22Counties, Cities and Towns Substitute agreed to
- Jan 22Read second timeMinor
- Jan 21Read first timeMinor
- Jan 17Committee substitute printed 25105156D-H1Major
- Vote recorded Reported from Counties, Cities and Towns with substitute (22-Y 0-N). Result: pass.Lower
- Jan 17Reported from Counties, Cities and Towns with substitute (22-Y 0-N)Minor
- Jan 16Subcommittee recommends reporting with substitute (7-Y 1-N)Major
- Vote recorded Subcommittee recommends reporting with substitute (7-Y 1-N). Result: pass.Lower
- Jan 13Assigned CCT sub: Subcommittee #2Minor
- Jan 6Referred to Committee on Counties, Cities and TownsMinor
- Jan 6Prefiled and ordered printed; Offered 01-08-2025 25103112DIntroduced