SB 1559

  • Virginia Senate Bill
  • 2019 Regular Session
  • Introduced in Senate Jan 09, 2019
  • Senate
  • House
  • Governor

C-PACE loans; shoreline resiliency improvements.

Abstract

Authorizes any locality, by ordinance, to authorize contracts to provide loans for the initial acquisition and installation of shoreline resiliency improvements, including improvements for the mitigation of flooding or the impacts of flooding or stormwater management improvements with a preference for natural or nature-based features and living shorelines with free and willing property owners of both existing properties and new construction. Current law authorizes such contracts only for clean energy improvements. Such ordinance shall include (i) a minimum and maximum aggregate dollar amount that may be financed with respect to a property and (ii) if a locality or other public body is originating the loan, a maximum aggregate dollar amount that may be financed with respect to loans originated by the locality or other public body.

Bill Sponsors (2)

Votes


Actions


Feb 06, 2019

House

Assigned CC & T sub: Subcommittee #2

House

Referred to Committee on Counties, Cities and Towns

House

Placed on Calendar

House

Read first time

Feb 01, 2019

Senate

Engrossed by Senate - committee substitute SB1559S1

Senate

Read second time

Senate

Reading of substitute waived

Senate

Committee substitute agreed to 19106110D-S1

Jan 09, 2019

Senate

Prefiled and ordered printed; offered 01/09/19 19102285D

Senate

Referred to Committee on Local Government

Bill Text

Bill Text Versions Format
Senate: Prefiled and ordered printed; offered 01/09/19 19102285D HTML
Senate: Committee substitute printed 19106110D-S1 HTML

Related Documents

Document Format
No related documents.

Sources

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