VA HB1859 | 2021 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 5-0)
Status: Enrolled on February 8 2021 - 75% progression
Action: 2021-02-08 - Bill text as passed House and Senate (HB1859ER)
Text: Latest bill text (Enrolled) [HTML]

Summary

Local financing of clean energy and other programs; when owner costs are incurred. Changes the parameters for local ordinances authorizing loan contracts for the installation by property owners of clean energy, resiliency, or stormwater management improvements. The bill provides that if the property owner incurred the costs of improvements to be refinanced or reimbursed within two years of the locality's issuance of a certificate of occupancy or other evidence that the clean energy, resiliency, or stormwater management improvements comply substantially with the plans and specifications previously approved by the locality, the loan amount may include the total costs of the improvements to be refinanced or reimbursed. The bill removes the requirement that the applicable local ordinance include the proposed interest rate for the loan program and the maximum aggregate dollar amount that may be financed with respect to a property, and it provides that no loan offered under the program shall be used to improve a residential dwelling that contains fewer than five dwelling units or a residential condominium. The bill alters the fee options available to the locality and provides that the placement of a voluntary special assessment lien does not require a new assessment of the value of the real property. The bill contains technical amendments. Local financing of clean energy and other programs; when owner costs are incurred. Changes the parameters for local ordinances authorizing loan contracts for the installation by property owners of clean energy, resiliency, or stormwater management improvements. The bill provides that if the property owner incurred the costs of improvements to be refinanced or reimbursed within two years of the locality's issuance of a certificate of occupancy or other evidence that the clean energy, resiliency, or stormwater management improvements comply substantially with the plans and specifications previously approved by the locality, the loan amount may include the total costs of the improvements to be refinanced or reimbursed. The bill removes the requirement that the applicable local ordinance include the proposed interest rate for the loan program and the maximum aggregate dollar amount that may be financed with respect to a property, and it provides that no loan offered under the program shall be used to improve a residential dwelling that contains fewer than five dwelling units or a residential condominium. The bill alters the fee options available to the locality and provides that the placement of a voluntary special assessment lien does not require a new assessment of the value of the real property. The bill contains technical amendments.

Tracking Information

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Title

Clean energy and other programs; local financing when owner costs are incurred.

Sponsors


Roll Calls

2021-02-03 - Senate - Senate: Passed Senate (26-Y 12-N 1-A) (Y: 26 N: 12 NV: 1 Abs: 0) [PASS]
2021-02-02 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 0) [PASS]
2021-02-01 - Senate - Senate: Reported from Local Government (11-Y 2-N 2-A) (Y: 11 N: 2 NV: 2 Abs: 0) [PASS]
2021-01-20 - House - House: VOTE: Passage (61-Y 38-N) (Y: 61 N: 38 NV: 0 Abs: 1) [PASS]
2021-01-15 - House - House: Reported from Counties, Cities and Towns with substitute (16-Y 6-N) (Y: 16 N: 6 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2021-02-08HouseBill text as passed House and Senate (HB1859ER)
2021-02-08HouseEnrolled
2021-02-03SenatePassed Senate (26-Y 12-N 1-A)
2021-02-03SenateRead third time
2021-02-02SenateConstitutional reading dispensed (39-Y 0-N)
2021-02-01SenateReported from Local Government (11-Y 2-N 2-A)
2021-01-21SenateReferred to Committee on Local Government
2021-01-21SenateConstitutional reading dispensed
2021-01-20HouseVOTE: Passage (61-Y 38-N)
2021-01-20HouseRead third time and passed House (61-Y 38-N)
2021-01-19HouseEngrossed by House - committee substitute HB1859H1
2021-01-19HouseCommittee substitute agreed to 21103098D-H1
2021-01-19HouseRead second time
2021-01-18HouseRead first time
2021-01-15HouseCommittee substitute printed 21103098D-H1
2021-01-15HouseReported from Counties, Cities and Towns with substitute (16-Y 6-N)
2021-01-07HouseReferred to Committee on Counties, Cities and Towns
2021-01-07HousePrefiled and ordered printed; offered 01/13/21 21101155D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
152958.3(n/a)See Bill Text

Virginia State Sources


Bill Comments

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