David Reid
- Democratic
- Delegate
- District 28
Primary
C-PACE financing programs. Makes several changes to the Commercial Property Assessed Clean Energy (C-PACE) financing program, including adding a definition of property owner to include a lessee and providing that the lessee may also be eligible for a C-PACE loan by complying with certain conditions, including consent of the fee simple property owner. The bill also (i) changes from two years to three years from a locality's issuance of a certificate of occupancy the time period within which a local C-PACE ordinance may allow submittal of a loan application and (ii) provides that a locality agrees to execute a locality agreement within 30 days of the adoption of the ordinance that opts them into the statewide C-PACE loan program.
An Act to amend and reenact § 15.2-958.3 of the Code of Virginia, relating to C-PACE financing programs.
Acts of Assembly Chapter text (CHAP0205)
Approved by Governor-Chapter 205 (Effective 07/01/25)
Governor's Action Deadline 11:59 p.m., March 24, 2025
Enrolled Bill communicated to Governor on March 5, 2025
Fiscal Impact Statement from Department of Planning and Budget (HB1819)
Signed by President
Enrolled
Signed by Speaker
Bill text as passed House and Senate (HB1819ER)
Senate substitute agreed to by House (95-Y 1-N)
Read third time
Passed Senate with substitute (35-Y 0-N)
Engrossed by Senate - committee substitute
Finance and Appropriations Substitute agreed to
Reading of substitute waived
Fiscal Impact Statement from Department of Planning and Budget (HB1819)
Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
Rules suspended
Passed by for the day
Reported from Finance and Appropriations with substitute (15-Y 0-N)
Committee substitute printed 25107292D-S1
Reported from Local Government and rereferred to Finance and Appropriations (13-Y 2-N)
Fiscal Impact Statement from Department of Planning and Budget (HB1819)
Referred to Committee on Local Government
Constitutional reading dispensed (on 1st reading)
Read third time and passed House (97-Y 0-N)
Read second time
Engrossed by House - committee substitute
Counties, Cities and Towns Substitute agreed to
Read first time
Committee substitute printed 25105156D-H1
Reported from Counties, Cities and Towns with substitute (22-Y 0-N)
Subcommittee recommends reporting with substitute (7-Y 1-N)
Assigned CCT sub: Subcommittee #2
Prefiled and ordered printed; Offered 01-08-2025 25103112D
Referred to Committee on Counties, Cities and Towns
| Bill Text Versions | Format |
|---|---|
| Chaptered | HTML PDF |
| Enrolled | HTML PDF |
| Finance and Appropriations Substitute | HTML PDF |
| Counties, Cities and Towns Substitute | HTML PDF |
| Introduced | HTML PDF |
| Document | Format |
|---|---|
| Fiscal Impact Statement from Department of Planning and Budget (HB1819) | PDF PDF PDF |
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