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52Nov 3 election

Extreme Weather Taxpayer Protection Program and Fund; established.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

VA HB 847 · House Bill · 2026

Stage
Session ended
Started in
House
Sponsors
+9
Latest action
Feb 18

Where it stands

  1. Introduced (Current step)

    Introduced · Feb 18

  2. Committee (Needs attention)

    The session ended first

  3. Floor (Not started)

  4. Law (Not started)

What it does

Extreme Weather Taxpayer Protection Program and Fund established. Establishes the Extreme Weather Taxpayer Protection Program and Fund, administered by the Department of Conservation and Recreation, for the purpose of holding parties responsible for covered greenhouse gas emissions between the covered period of January 1, 1995, and December 31, 2025, for the parties' share of the Commonwealth's costs due to climate change. The bill defines responsible parties as fossil fuel extractors or crude oil refiners causing emissions of one billion metric tons or more of covered greenhouse gases during the covered period. Under the bill, responsible parties are strictly liable for cost recovery…

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Who is involved

VA HB 847
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Sponsors

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