VirginiaHB18192025 Regular SessionHouse

Commercial Property Assessed Clean Energy (C-PACE); changes to financing program, definitions.

Sponsored By: David A. Reid (Democratic)

To Governor

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.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • David A. Reid

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 324 • No: 4

House vote • 2/18/2025

Senate substitute agreed to by House

Yes: 95 • No: 1

Senate vote • 2/14/2025

Passed Senate with substitute

Yes: 35 • No: 0

Senate vote • 2/13/2025

Constitutional reading dispensed Block Vote (on 2nd reading)

Yes: 40 • No: 0

Senate vote • 2/12/2025

Reported from Finance and Appropriations with substitute

Yes: 15 • No: 0

Senate vote • 2/10/2025

Reported from Local Government and rereferred to Finance and Appropriations

Yes: 13 • No: 2

House vote • 1/23/2025

Read third time and passed House Block Vote

Yes: 97 • No: 0

House vote • 1/17/2025

Reported from Counties, Cities and Towns with substitute

Yes: 22 • No: 0

House vote • 1/16/2025

Subcommittee recommends reporting with substitute

Yes: 7 • No: 1 • Other: 1

Actions Timeline

  1. Acts of Assembly Chapter text (CHAP0205)

    3/21/2025Governor
  2. Approved by Governor-Chapter 205 (Effective 07/01/25)

    3/21/2025Governor
  3. Governor's Action Deadline 11:59 p.m., March 24, 2025

    3/5/2025Governor
  4. Enrolled Bill communicated to Governor on March 5, 2025

    3/5/2025House
  5. Fiscal Impact Statement from Department of Planning and Budget (HB1819)

    2/24/2025House
  6. Signed by President

    2/23/2025Senate
  7. Bill text as passed House and Senate (HB1819ER)

    2/20/2025House
  8. Enrolled

    2/20/2025House
  9. Signed by Speaker

    2/20/2025House
  10. Senate substitute agreed to by House (95-Y 1-N)

    2/18/2025House
  11. Fiscal Impact Statement from Department of Planning and Budget (HB1819)

    2/14/2025House
  12. Passed Senate with substitute (35-Y 0-N)

    2/14/2025Senate
  13. Engrossed by Senate - committee substitute

    2/14/2025Senate
  14. Finance and Appropriations Substitute agreed to

    2/14/2025Senate
  15. Read third time

    2/14/2025Senate
  16. Reading of substitute waived

    2/14/2025Senate
  17. Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N)

    2/13/2025Senate
  18. Passed by for the day

    2/13/2025Senate
  19. Rules suspended

    2/13/2025Senate
  20. Committee substitute printed 25107292D-S1

    2/12/2025Senate
  21. Reported from Finance and Appropriations with substitute (15-Y 0-N)

    2/12/2025Senate
  22. Reported from Local Government and rereferred to Finance and Appropriations (13-Y 2-N)

    2/10/2025Senate
  23. Fiscal Impact Statement from Department of Planning and Budget (HB1819)

    1/29/2025House
  24. Referred to Committee on Local Government

    1/24/2025Senate
  25. Constitutional reading dispensed (on 1st reading)

    1/24/2025Senate

Bill Text

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