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Virginia Clean Energy Innovation Bank; created, report.

It was vetoed on Apr 17, 2024.

VA SB 729 · Senate Bill · 2024

Stage
Vetoed
Started in
Senate
Sponsors
2
Latest action
Apr 17, 2024

What it does

Virginia Clean Energy Innovation Bank; established; report. Creates the Virginia Clean Energy Innovation Bank to finance clean energy projects, greenhouse gas emissions reduction projects, and other qualified projects through the strategic deployment of public funds in the form of grants, loans, credit enhancements, and other financing mechanisms. The Bank is governed by a 12-member Board of Directors, consisting of nine nonlegislative citizen members and three ex officio members with voting privileges, who include the Director of the Department of Energy, the Chief Executive Officer of the Virginia Economic Development Partnership Authority, and the State Treasurer or their designees. The…

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Where it stands

This bill failed and is no longer moving.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Needs attention)

    Vetoed

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

Once a bill is decided, the questions are about what is done with it in Virginia.

Work with this bill

Virginia Clean Energy Innovation Bank; created, report. | 52