VirginiaVirginia Clean Energy Innovation Bank; created, report, membership.
What it does
Virginia Clean Energy Innovation Bank; established; report. Creates the Virginia Clean Energy Innovation Bank to finance clean energy projects, greenhouse gas emissions reduction projects, and other qualified projects through the strategic deployment of public funds in the form of grants, loans, credit enhancements, and other financing mechanisms. An advisory board consisting of nonlegislative citizen members and ex officio members shall oversee the Bank and provide recommendations related to the Bank and its effectiveness.
More detail
The bill contains provisions for (i) the powers and duties of the Bank, (ii) lending practices, (iii) a strategic plan, (iv) an investment strategy, (v) public outreach requirements, (vi) audits, and (vii) reporting requirements. This bill is identical to HB 1444.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 13Governor's recommendation received by SenateLatest
- Apr 7Fiscal Impact Statement from Department of Planning and Budget (SB225)
- Mar 31Governor's Action Deadline 11:59 p.m., April 13, 2026To Governor
- Mar 31Enrolled Bill communicated to Governor on March 31, 2026Minor
- Mar 31Signed by SpeakerMajor
- Mar 30Signed by PresidentMajor
- Mar 30Bill text as passed Senate and House (SB225ER)Major
- Mar 30EnrolledMinor
- Mar 14Conference report agreed to by House (63-Y 34-N 0-A)Minor
- Vote recorded H VOTE:. Result: pass.Lower
- Mar 13Conference report agreed to by Senate (39-Y 0-N 0-A)Minor
- Vote recorded Adopt Conference Committee Report R. Result: pass.Upper
- Mar 13Conference Report released
- Mar 12House Conferees: Lopez, Herring, Bloxom
- Vote recorded Accede Conference Committee R. Result: pass.Upper
- Mar 12Conferees appointed by House
- Mar 12Senate Conferees: Surovell, Roem, French
- Mar 12Conferees appointed by Senate
- Mar 12Senate acceded to request Block Vote (40-Y 0-N 0-A)
- Mar 11Fiscal Impact Statement from Department of Planning and Budget (SB225)
- Mar 11House requested conference committeeMinor
- Mar 11House insisted on substituteMajor
- Mar 10House substitute rejected by Senate
- Vote recorded Concur House Substitute R. Result: fail.Upper
- Mar 9Passed House with substitute (63-Y 34-N 0-A)Major
- Vote recorded H VOTE:. Result: pass.Lower
- Vote recorded H VOTE:. Result: pass.Lower
- Mar 9Engrossed by House - committee substituteMajor
- Mar 9committee substitute agreed toMajor
- Mar 9Committee substitute reconsidered
- Mar 9Reconsideration of passage agreed to by House
- Mar 9Passed House (61-Y 34-N 0-A)Passed House
- Mar 9committee substitute rejected
- Mar 9Read third timeMinor
- Mar 6Read second timeMinor
- Mar 4Reported from Appropriations (15-Y 7-N)Minor
- Vote recorded Reported from Appropriations. Result: pass.Lower
- Mar 3Committee substitute printed 26109084D-H1Major
- Vote recorded Reported from Labor and Commerce with substitute. Result: pass.Lower
- Mar 3Reported from Labor and Commerce with substitute and referred to Appropriations (15-Y 7-N)Minor
- Feb 19Referred from Health and Human Services and referred to Labor and Commerce (Voice Vote)Minor
- Feb 17Fiscal Impact Statement from Department of Planning and Budget (SB225)
- Feb 13Referred to Committee on Health and Human ServicesMinor
- Feb 13Read first timeMinor
- Feb 13Placed on Calendar
- Feb 10Read third time and passed Senate Block Vote (40-Y 0-N 0-A)Passed Senate
- Vote recorded Constitutional reading dispensed (on 3rd reading). Result: pass.Upper
- Vote recorded Passage R. Result: pass.Upper
- Feb 10Constitutional reading dispensed Block Vote (on 3rd reading) (40-Y 0-N 0-A)
- Feb 10Rules suspended
- Feb 10Engrossed by Senate - committee substitute as amendedMajor
- Feb 10Senator Surovell Amendment agreed toMajor
- Feb 10Reading of amendment waived (Voice Vote)
- Feb 10Finance and Appropriations Substitute agreed to
- Feb 10Floor offered Finance and Appropriations Substitute
- Feb 10Read second timeMinor
- Feb 9Passed by for the day
- Vote recorded Constitutional reading dispensed R. Result: pass.Upper
- Feb 9Passed by for the day (Voice Vote)
- Feb 9Constitutional reading dispensed (on 1st reading) (40-Y 0-N 0-A)
- Feb 9Rules suspended
- Feb 9Committee substitute printed 26107397D-S1Major
- Feb 5Reported from Finance and Appropriations with substitute (15-Y 0-N)Minor
- Vote recorded Reported from Finance and Appropriations with substitute. Result: pass.Upper
- Feb 2Fiscal Impact Statement from Department of Planning and Budget (SB225)
- Jan 21Rereferred from General Laws and Technology to Finance and Appropriations (14-Y 0-N)Minor
- Vote recorded Rereferred from General Laws and Technology. Result: pass.Upper
- Jan 10Referred to Committee on General Laws and TechnologyMinor
- Jan 10Prefiled and ordered printed; Offered 01-14-2026 26100610DIntroduced