VA HB864 | 2014 | Regular Session

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Passed on April 6 2014 - 100% progression
Action: 2014-04-06 - Governor: Acts of Assembly Chapter text (CHAP0732)
Text: Latest bill text (Chaptered) [HTML]

Summary

Virginia Small Business Financing Authority; definition of eligible business and business enterprise. Expands the definition of an eligible business under the Virginia Small Business Financing Authority to include any for-profit enterprise that exists for the primary purpose of developing or operating a qualified energy project or is required by state or federal law to develop or operate a qualified pollution control project. The definition of a business enterprise is expanded to include any entity acquiring, constructing, improving, maintaining, or operating a qualified energy project or a qualified pollution control project. A qualified energy project is a solar-powered or wind-powered electricity generation facility located in the Commonwealth on premises owned or leased by an eligible customer-generator if the electricity generated from it is sold exclusively to the eligible customer-generator under a power purchase agreement used to provide third party financing of the costs of such a renewable generation facility (third party power purchase agreement) pursuant to a pilot program established under Chapter 382 of the Acts of Assembly of 2013. A qualified pollution control project means environmental pollution control and prevention equipment certified by the business enterprise or eligible business as being needed to comply with the federal Clean Air Act, Clean Water Act, or Resource Conservation and Recovery Act.

Tracking Information

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Title

Virginia Small Business Financing Authority; definition of eligible business & business enterprise.

Sponsors


Roll Calls

2014-02-28 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2014-02-27 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2014-02-25 - Senate - Senate: Reported from Local Government (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]
2014-02-10 - House - House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (Y: 101 N: 0 NV: 0 Abs: 0) [PASS]
2014-02-04 - House - House: Reported from General Laws (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2014-01-30 - House - House: Subcommittee recommends reporting (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2014-04-06 Governor: Acts of Assembly Chapter text (CHAP0732)
2014-04-06 Governor: Approved by Governor-Chapter 732 (effective 7/1/14)
2014-03-08SenateSigned by President
2014-03-05HouseSigned by Speaker
2014-03-05HouseBill text as passed House and Senate (HB864ER)
2014-03-05HouseEnrolled
2014-02-28SenatePassed Senate (40-Y 0-N)
2014-02-28SenateRead third time
2014-02-27SenateConstitutional reading dispensed (39-Y 0-N)
2014-02-25SenateReported from Local Government (14-Y 0-N)
2014-02-11SenateReferred to Committee on Local Government
2014-02-11SenateConstitutional reading dispensed
2014-02-10HouseVOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
2014-02-10HouseRead third time and passed House BLOCK VOTE (99-Y 0-N)
2014-02-07HouseRead second time and engrossed
2014-02-06HouseRead first time
2014-02-04HouseReported from General Laws (22-Y 0-N)
2014-01-30HouseSubcommittee recommends reporting (8-Y 0-N)
2014-01-10HouseAssigned GL sub: Subcommittee #4
2014-01-08HouseReferred to Committee on General Laws
2014-01-08HousePrefiled and ordered printed; offered 01/08/14 14101439D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
222279(n/a)See Bill Text

Virginia State Sources


Bill Comments

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