VirginiaHB22332025 Regular SessionHouse

Extreme Weather Relief Act; established.

Sponsored By: Rae Cousins (Democratic)

Failed

Summary

Extreme Weather Relief Act established. Establishes the Extreme Weather Relief Program, administered by the Department of Conservation and Recreation, for the purpose of holding parties responsible for covered greenhouse gas emissions between the covered period of January 1, 1995, and December 31, 2024, for the parties' share of the Commonwealth's costs due to climate change. The bill defines responsible parties as fossil fuel extractors or crude oil refiners causing emissions of one billion metric tons or more of covered greenhouse gases during the covered period. Under the bill, responsible parties are strictly liable for cost recovery payments to the Commonwealth. The bill requires the State Treasurer to conduct an assessment of the costs to the Commonwealth and its residents of the emissions of covered greenhouse gases during the covered period. The bill establishes the Extreme Weather Relief Fund into which the cost recovery payments from responsible entities are deposited and used to pay for extreme weather relief projects, as defined in the bill.

Labor and Commerce

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Rae Cousins

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 5 • No: 0

House vote • 1/30/2025

Subcommittee recommends laying on the table

Yes: 5 • No: 0 • Other: 1

Actions Timeline

  1. Left in Labor and Commerce

    2/5/2025House
  2. Subcommittee recommends laying on the table (5-Y 0-N)

    1/30/2025House
  3. Assigned L & C sub: Subcommittee #4

    1/29/2025House
  4. Fiscal Impact Statement from Department of Planning and Budget (HB2233)

    1/28/2025House
  5. Referred to Committee on Labor and Commerce

    1/7/2025House
  6. Prefiled and ordered printed; Offered 01-08-2025 25104642D

    1/7/2025House

Bill Text

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