Local governments; additional powers, Commercial Property Assessed Clean Energy financing programs.
It became law on Apr 11, 2022.
- Stage
- Became law
- Started in
- House
- Sponsor
- 1
- Latest action
- Apr 11, 2022
What it does
General Powers of local governments; additionalpowers; Commercial Property Assessed Clean Energy (C-PACE) financingprograms. Changes the existing authorization for local governmentsto finance, by ordinance, clean energy, resiliency, and stormwater management programs to authorize the financing of eligible improvementsto eligible properties, as defined in the bill, under C-PACE loanprograms. The bill allows localities to delegate billing, collection,and remittance of C-PACE loan payments to a third party. The billexempts localities that have enacted C-PACE ordinances before July1, 2022, from enforcement.
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
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.