Be it enacted by the General Assembly of Virginia:
1. That the Code of Virginia is amended by adding in Article 5 of Chapter 9 of Title 15.2 a section numbered 15.2-987 as follows:
§15.2-987. Building energy use intensity; reporting, reduction, requirements, and incentives.
A. Any locality may by ordinance create incentives for an owner, operator, or an agent of such owner or operator, of buildings of specified parameters should he report the energy use intensity (EUI) or reduce EUI amounts by specific parameters. Such ordinance shall identify the eligibility criteria of the size, use, and type of building for such incentives. Such ordinance shall also identify the specific percentage of EUI reduction that makes an owner, operator, or agent eligible for such incentives.
B. Any locality may by ordinance establish EUI requirements for specific buildings based on type, size, and use, as identified in such ordinance.
C. Such an ordinance may also allow the locality to develop incentive programs focused on increasing building energy efficiency, including but not limited to local changes to zoning and permitting, local tax adjustment, and programs for green banks and commercial property-assessed clean energy (C-PACE).