Virginia Clean Energy Innovation Bank; created, report, membership.
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What it does
Official summary
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 SB 225.
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More on this bill
Where it stands
Introduced
Passed House
Passed Senate
To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2026
Apr 13Governor's recommendation received by HouseLatest
Apr 6Fiscal Impact Statement from Department of Planning and Budget (HB1444)
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 House and Senate (HB1444ER)Major
Mar 30EnrolledMinor
Mar 11Fiscal Impact Statement from Department of Planning and Budget (HB1444)
Vote recorded H VOTE:. Result: pass.Lower
Mar 11Senate substitute agreed to by House (64-Y 35-N 0-A)Major
Mar 10Passed Senate with substitute (40-Y 0-N 0-A)Passed Senate
Vote recorded Passage R. Result: pass.Upper
Mar 10Engrossed by Senate - committee substituteMajor
Mar 10Commerce and Labor Substitute agreed to
Mar 10Read third timeMinor
Mar 9Passed by for the day Block Vote (Voice Vote)
Vote recorded Constitutional reading dispensed (on 2nd reading). Result: pass.Upper
Mar 9Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
Mar 9Rules suspended
Mar 6Reported from Finance and Appropriations (14-Y 0-N)Minor
Vote recorded Reported from Finance and Appropriations. Result: pass.Upper
Mar 3Committee substitute printed 26109003D-S1Major
Mar 2Reported from Commerce and Labor with substitute and rereferred to Finance and Appropriations (12-Y 1-N)Minor
Vote recorded Reported from Commerce and Labor with substitute. Result: pass.Upper
Feb 18Referred to Committee on Commerce and LaborMinor
Feb 18Constitutional reading dispensed (on 1st reading)
Feb 18Fiscal Impact Statement from Department of Planning and Budget (HB1444)
Feb 17Read third time and passed House (61-Y 34-N 0-A)Passed House
Vote recorded H VOTE:. Result: pass.Lower
Feb 16Engrossed by House as amended
Feb 16committee amendments agreed toMajor
Feb 16Read second timeMinor
Feb 13Read first timeMinor
Feb 11Reported from Appropriations with amendment(s) (15-Y 7-N)Minor
Vote recorded Reported from Appropriations with amendment(s). Result: pass.Lower
Vote recorded Subcommittee recommends reporting with amendment(s). Result: pass.Lower
Feb 11Subcommittee recommends reporting with amendment(s) (5-Y 2-N)
Feb 11House subcommittee offered
Feb 3Assigned HAPP sub: Commerce Agriculture & Natural ResourcesMinor
Vote recorded Reported from Labor and Commerce. Result: pass.Lower
Feb 3Reported from Labor and Commerce and referred to Appropriations (15-Y 7-N)Minor
Feb 2Fiscal Impact Statement from Department of Planning and Budget (HB1444)
Jan 29Subcommittee recommends reporting and referring to Appropriations (6-Y 3-N)
Vote recorded Subcommittee recommends reporting. Result: pass.Lower
Jan 28Assigned HCL sub: Subcommittee #3Minor
Jan 22Referred to Committee on Labor and CommerceMinor
Jan 22Presented and ordered printed 26105540DIntroduced