VA SB1428 | 2015 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 23 2015 - 25% progression, died in chamber
Action: 2015-01-29 - Passed by indefinitely in Agriculture, Conservation and Natural Resources (8-Y 7-N)
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 23 2015 - 25% progression, died in chamber
Action: 2015-01-29 - Passed by indefinitely in Agriculture, Conservation and Natural Resources (8-Y 7-N)
Text: Latest bill text (Introduced) [HTML]
Summary
Regional Greenhouse Gas Initiative; Commonwealth Resilience Fund established. Requires the Governor to join the Regional Greenhouse Gas Initiative that established a regional CO2 electric power sector cap and trade program and establishes the Commonwealth Resilience Fund, a revolving fund to serve as a consistent revenue stream to assist counties, cities, and towns in the Hampton Roads region with the implementation of adaptation efforts to combat sea level rise and recurrent flooding. The bill also provides economic development assistance for families, businesses, and localities in Southwest Virginia to offset negative economic impacts associated with reduced fossil fuel production.
Title
Regional Greenhouse Gas Initiative; Commonwealth Resilience Fund established.
Sponsors
Roll Calls
2015-01-29 - Senate - Senate: Passed by indefinitely in Agriculture, Conservation and Natural Resources (8-Y 7-N) (Y: 8 N: 7 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2015-01-29 | Senate | Passed by indefinitely in Agriculture, Conservation and Natural Resources (8-Y 7-N) |
2015-01-23 | Senate | Referred to Committee on Agriculture, Conservation and Natural Resources |
2015-01-23 | Senate | Presented and ordered printed 15101884D |