C-PACE loans; shoreline resiliency improvements.
Summary
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 status
in committee
3 of 5 stages cleared
Introduction
Jan 2019
Committee Review
Feb 2019
Senate Passage
Feb 2019
House of Delegates Passage
Governor
Introduced Jan 9, 2019
Last action Feb 6, 2019
Floor votes · Senate Feb 4, 2019
How they voted
40–0
Passed
Total votes 40
Feb 4, 2019
D
Democratic19
100% Yea
R
Republican21
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
11
Key actions
3
Committee
5
Feb 6, 2019
Committee
Assigned CC & T sub: Subcommittee #2
lower
Feb 6, 2019
Committee
Referred to Committee on Counties, Cities and Towns
lower
Feb 4, 2019
Senate · Passed
Senate Vote: pass (40-0)
senate
Feb 1, 2019
Upper · Passed
Engrossed by Senate - committee substitute SB1559S1
upper
Feb 1, 2019
Upper · Passed
Committee substitute agreed to 19106110D-S1
upper
Jan 9, 2019
Committee
Referred to Committee on Local Government
upper
Jan 9, 2019
Introduced
Prefiled and ordered printed; offered 01/09/19 19102285D
upper
1 primary · 1 co-sponsor
Sponsors
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