VA SB783 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on February 11 2020 - 50% progression
Action: 2020-02-14 - Assigned ACNR sub: Chesapeake
Pending: House Agriculture, Chesapeake and Natural Resources: Chesapeake Committee
Hearing: Feb 17 in 300-A Subcommittee Room
Text: Latest bill text (Comm Sub) [HTML]

Summary

Department of Environmental Quality; carbon market participation. Authorizes the Department of Environmental Quality to participate in any carbon market for which submerged aquatic vegetation restoration qualifies as an activity that generates carbon offset credits and to enter into agreements necessary to effect such participation, including with private entities for assistance with registration and sale of offset credits. The bill requires any revenue resulting from the sale of such credits to be used to implement additional submerged aquatic vegetation monitoring, restoration, and research or to cover any administrative costs of participation in the credit market. The bill also requires the Department to hold exclusive title to credits until sold.

Tracking Information

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Title

Marine Resources Commission; carbon market participation.

Sponsors


Roll Calls

2020-02-11 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-11 - Senate - Senate: Reconsideration of passage agreed to by Senate (40-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-11 - Senate - Senate: Read third time and passed Senate (39-Y 0-N) (Y: 38 N: 0 NV: 1 Abs: 0) [PASS]
2020-02-11 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-10 - Senate - Senate: Constitutional reading dispensed (36-Y 0-N) (Y: 35 N: 0 NV: 4 Abs: 0) [PASS]
2020-02-06 - Senate - Senate: Reported from Finance and Appropriations (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-04 - Senate - Senate: Reported from Agriculture, Conservation and Natural Resources with substitite (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2020-02-14HouseAssigned ACNR sub: Chesapeake
2020-02-14HouseReferred to Committee on Agriculture, Chesapeake and Natural Resources
2020-02-14HouseRead first time
2020-02-14HousePlaced on Calendar
2020-02-11SenatePassed Senate (40-Y 0-N)
2020-02-11SenateReconsideration of passage agreed to by Senate (40-Y 0-N)
2020-02-11SenatePassed Senate (39-Y 0-N)
2020-02-11SenateConstitutional reading dispensed (40-Y 0-N)
2020-02-11SenateEngrossed by Senate - committee substitute SB783S1
2020-02-11SenateCommittee substitute agreed to 20107667D-S1
2020-02-11SenateReading of substitute waived
2020-02-11SenateRead second time
2020-02-10SenateConstitutional reading dispensed (36-Y 0-N)
2020-02-06SenateReported from Finance and Appropriations (16-Y 0-N)
2020-02-04SenateRereferred to Finance and Appropriations
2020-02-04SenateReported from Agriculture, Conservation and Natural Resources with substitite (15-Y 0-N)
2020-02-04SenateCommittee substitute printed 20107667D-S1
2020-01-08SenateReferred to Committee on Agriculture, Conservation and Natural Resources
2020-01-08SenatePrefiled and ordered printed; offered 01/08/20 20103471D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2821204.1(n/a)See Bill Text

Virginia State Sources


Bill Comments

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