VA SB508 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on April 5 2024 - 100% progression
Action: 2024-04-05 - Governor: Acts of Assembly Chapter text (CHAP0597)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on April 5 2024 - 100% progression
Action: 2024-04-05 - Governor: Acts of Assembly Chapter text (CHAP0597)
Text: Latest bill text (Chaptered) [HTML]
Summary
Renewable energy portfolio standard; geothermal heating and cooling systems; report. Provides that geothermal heating and cooling systems, as defined in the bill, located in the Commonwealth are eligible for compliance with renewable energy portfolio standard requirements. The bill also requires the State Corporation Commission (the Commission) to convene a stakeholder work group to examine the feasibility of establishing renewable energy portfolio standard program (RPS program) requirements that require each Phase I and Phase II Utility to procure and retire renewable energy certificates (RECs) from geothermal heating and cooling systems placed in service after August 16, 2022, as a percentage of the number of RECs used for RPS program compliance. The work group shall include representatives from the geothermal industry, Phase I and Phase II Utilities, the Department of Energy, environmental advocacy organizations, environmental justice organizations, consumer advocates, and other interested stakeholders. The Commission is required to report the findings and recommendations of the work group to the Chairmen of the Senate Committee on Commerce and Labor, the House Committee on Labor and Commerce, and the Commission on Electric Utility Regulation no later than December 1, 2024. Portions of the bill have a delayed effective date of January 1, 2025. Renewable energy portfolio standard; geothermal heating and cooling systems; report. Provides that geothermal heating and cooling systems, as defined in the bill, located in the Commonwealth are eligible for compliance with renewable energy portfolio standard requirements. The bill also requires the State Corporation Commission (the Commission) to convene a stakeholder work group to examine the feasibility of establishing renewable energy portfolio standard program (RPS program) requirements that require each Phase I and Phase II Utility to procure and retire renewable energy certificates (RECs) from geothermal heating and cooling systems placed in service after August 16, 2022, as a percentage of the number of RECs used for RPS program compliance. The work group shall include representatives from the geothermal industry, Phase I and Phase II Utilities, the Department of Energy, environmental advocacy organizations, environmental justice organizations, consumer advocates, and other interested stakeholders. The Commission is required to report the findings and recommendations of the work group to the Chairmen of the Senate Committee on Commerce and Labor, the House Committee on Labor and Commerce, and the Commission on Electric Utility Regulation no later than December 1, 2024. Portions of the bill have a delayed effective date of January 1, 2025.
Title
Renewable energy portfolio standard; geothermal heating and cooling systems.
Sponsors
Roll Calls
2024-03-01 - House - House: VOTE: Passage (84-Y 13-N) (Y: 84 N: 13 NV: 0 Abs: 3) [PASS]
2024-02-27 - House - House: Reported from Labor and Commerce (20-Y 1-N) (Y: 20 N: 1 NV: 0 Abs: 1) [PASS]
2024-02-27 - House - House: Subcommittee recommends reporting (9-Y 1-N) (Y: 9 N: 1 NV: 0 Abs: 1) [PASS]
2024-02-13 - Senate - Senate: Read third time and passed Senate (21-Y 19-N) (Y: 21 N: 19 NV: 0 Abs: 0) [PASS]
2024-02-09 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 1) [PASS]
2024-02-08 - Senate - Senate: Reported from Finance and Appropriations with substitute (10-Y 5-N) (Y: 10 N: 5 NV: 0 Abs: 0) [PASS]
2024-02-05 - Senate - Senate: Reported from Commerce and Labor with substitute (9-Y 6-N) (Y: 9 N: 6 NV: 0 Abs: 0) [PASS]
2024-02-27 - House - House: Reported from Labor and Commerce (20-Y 1-N) (Y: 20 N: 1 NV: 0 Abs: 1) [PASS]
2024-02-27 - House - House: Subcommittee recommends reporting (9-Y 1-N) (Y: 9 N: 1 NV: 0 Abs: 1) [PASS]
2024-02-13 - Senate - Senate: Read third time and passed Senate (21-Y 19-N) (Y: 21 N: 19 NV: 0 Abs: 0) [PASS]
2024-02-09 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 1) [PASS]
2024-02-08 - Senate - Senate: Reported from Finance and Appropriations with substitute (10-Y 5-N) (Y: 10 N: 5 NV: 0 Abs: 0) [PASS]
2024-02-05 - Senate - Senate: Reported from Commerce and Labor with substitute (9-Y 6-N) (Y: 9 N: 6 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-05 | Governor: Acts of Assembly Chapter text (CHAP0597) | |
| 2024-04-05 | Governor: Approved by Governor-Chapter 597 (effective - see bill) | |
| 2024-03-11 | Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024 | |
| 2024-03-11 | Senate | Enrolled Bill Communicated to Governor on March 11, 2024 |
| 2024-03-07 | Senate | Signed by President |
| 2024-03-06 | House | Signed by Speaker |
| 2024-03-06 | Senate | Bill text as passed Senate and House (SB508ER) |
| 2024-03-06 | Senate | Enrolled |
| 2024-03-01 | House | VOTE: Passage (84-Y 13-N) |
| 2024-03-01 | House | Passed House (84-Y 13-N) |
| 2024-03-01 | House | Read third time |
| 2024-02-29 | House | Read second time |
| 2024-02-27 | House | Reported from Labor and Commerce (20-Y 1-N) |
| 2024-02-27 | House | Subcommittee recommends reporting (9-Y 1-N) |
| 2024-02-19 | House | Assigned L & C sub: Subcommittee #3 |
| 2024-02-16 | House | Referred to Committee on Labor and Commerce |
| 2024-02-16 | House | Read first time |
| 2024-02-16 | House | Placed on Calendar |
| 2024-02-13 | Senate | Read third time and passed Senate (21-Y 19-N) |
| 2024-02-12 | Senate | Engrossed by Senate - committee substitute SB508S2 |
| 2024-02-12 | Senate | Committee substitute agreed to 24107417D-S2 |
| 2024-02-12 | Senate | Reading of substitute waived |
| 2024-02-12 | Senate | Commerce and Labor Committee substitute rejected 24107056D-S1 |
| 2024-02-12 | Senate | Read second time |
| 2024-02-09 | Senate | Constitutional reading dispensed (39-Y 0-N) |
| 2024-02-08 | Senate | Committee substitute printed 24107417D-S2 |
| 2024-02-08 | Senate | Reported from Finance and Appropriations with substitute (10-Y 5-N) |
| 2024-02-05 | Senate | Rereferred to Finance and Appropriations |
| 2024-02-05 | Senate | Committee substitute printed 24107056D-S1 |
| 2024-02-05 | Senate | Reported from Commerce and Labor with substitute (9-Y 6-N) |
| 2024-01-09 | Senate | Referred to Committee on Commerce and Labor |
| 2024-01-09 | Senate | Prefiled and ordered printed; offered 01/10/24 24104935D |
