Virginia Senate Bill 1428 (Prior Session Legislation)

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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]

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.

Regional Greenhouse Gas Initiative; Commonwealth Resilience Fund established.

Sen. Donald McEachin [D]

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]

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

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?151+sum+SB1428
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+SB1428+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+S01V0041+SB1428