Commercial Property Assessed Clean Energy (C-PACE); changes to financing program, definitions.
Summary
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.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2025
Committee Review
Feb 2025
House of Delegates Passage
Feb 2025
Senate Passage
Feb 2025
Signed into Law
Mar 2025
Introduced Jan 6, 2025
Signed Mar 21, 2025
Maddy AI version diff · 4 comparisons
What changed between versions
Finance and Appropriations Substitute
→
Chaptered
·
2 edits
MINOR
This bill converts a Senate substitute version of HB 1819 into a chaptered (enacted) form, changing the document header and formatting while keeping the substantive text of the C-PACE financing statute identical. The changes are primarily administrative - removing draft markings and adding official chapter information - rather than altering policy, eligibility, or funding rules.
TECHNICAL
Replaced draft header information (Senate substitute, amendment date, bill number) with official chaptered text (Virginia Acts of Assembly 2025, Chapter 205, approved March 21, 2025).
Changed the enactment language from a Senate substitute format to standard chaptered bill format with proper spacing and official approval date.
Floor votes · Senate Feb 13, 2025 · House of Delegates Jan 23, 2025
How they voted
40–0
Passed
Total votes 40
Feb 13, 2025
D
Democratic21
100% Yea
R
Republican19
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
36
Key actions
10
Committee
6
Mar 21, 2025
Signed into law
Approved by Governor-Chapter 205 (Effective 07/01/25)
executive
Feb 23, 2025
Upper · Passed
Signed by President
upper
Feb 20, 2025
Lower · Passed
Signed by Speaker
lower
Feb 20, 2025
Lower · Passed
Bill text as passed House and Senate (HB1819ER)
lower
Feb 14, 2025
Upper · Passed
Passed Senate with substitute (35-Y 0-N)
upper
Feb 13, 2025
Upper · Passed
Passed by for the day
upper
Feb 12, 2025
Upper · Passed
Reported from Finance and Appropriations with substitute (15-Y 0-N)
upper
Feb 10, 2025
Upper · Passed
Reported from Local Government and rereferred to Finance and Appropriations (13-Y 2-N)
upper
Jan 24, 2025
Committee
Referred to Committee on Local Government
upper
Jan 23, 2025
Lower · Passed
Read third time and passed House (97-Y 0-N)
lower
Jan 17, 2025
Lower · Passed
Reported from Counties, Cities and Towns with substitute (22-Y 0-N)
lower
Jan 13, 2025
Committee
Assigned CCT sub: Subcommittee #2
lower
Jan 6, 2025
Committee
Referred to Committee on Counties, Cities and Towns
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
David Reid
DDemocratic
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