VirginiaSB2252026 Regular SessionSenate

Virginia Clean Energy Innovation Bank; created, report, membership.

Sponsored By: Scott A. Surovell (Democratic)

Passed

Summary

Virginia Clean Energy Innovation Bank; established; report. Creates the Virginia Clean Energy Innovation Bank to finance clean energy projects, greenhouse gas emissions reduction projects, and other qualified projects through the strategic deployment of public funds in the form of grants, loans, credit enhancements, and other financing mechanisms. An advisory board consisting of nonlegislative citizen members and ex officio members shall oversee the Bank and provide recommendations related to the Bank and its effectiveness. The bill contains provisions for (i) the powers and duties of the Bank, (ii) lending practices, (iii) a strategic plan, (iv) an investment strategy, (v) public outreach requirements, (vi) audits, and (vii) reporting requirements. This bill is identical to HB 1444.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Scott A. Surovell

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 548 • No: 189

Senate vote 4/22/2026

Governor's recommendation Nos. 1, 2, and 3 passed by (Voice Vote)

Yes: 0 • No: 0

House vote 4/22/2026

Governor's amendments nos. 4-8 agreed to

Yes: 64 • No: 33

Senate vote 4/22/2026

Senate concurred in Governor's recommendation Nos. 4, 5, 6, 7, and 8

Yes: 39 • No: 0

House vote 3/14/2026

Conference report agreed to by House

Yes: 63 • No: 34

Senate vote 3/13/2026

Conference report agreed to by Senate

Yes: 39 • No: 0

Senate vote 3/12/2026

Senate acceded to request Block Vote

Yes: 40 • No: 0

Senate vote 3/10/2026

House substitute rejected by Senate

Yes: 0 • No: 40

House vote 3/9/2026

Passed House with substitute

Yes: 63 • No: 34

House vote 3/9/2026

Passed House

Yes: 61 • No: 34

House vote 3/4/2026

Reported from Appropriations

Yes: 15 • No: 7

House vote 3/3/2026

Reported from Labor and Commerce with substitute and referred to Appropriations

Yes: 15 • No: 7

House vote 2/19/2026

Referred from Health and Human Services and referred to Labor and Commerce (Voice Vote)

Yes: 0 • No: 0

Senate vote 2/10/2026

Reading of amendment waived (Voice Vote)

Yes: 0 • No: 0

Senate vote 2/10/2026

Senator Surovell Amendment agreed to

Yes: 0 • No: 0

Senate vote 2/10/2026

Constitutional reading dispensed Block Vote (on 3rd reading)

Yes: 40 • No: 0

Senate vote 2/10/2026

Finance and Appropriations Substitute agreed to

Yes: 0 • No: 0

Senate vote 2/10/2026

Read third time and passed Senate Block Vote

Yes: 40 • No: 0

Senate vote 2/9/2026

Constitutional reading dispensed Block Vote (on 1st reading)

Yes: 40 • No: 0

Senate vote 2/9/2026

Passed by for the day Block Vote (Voice Vote)

Yes: 0 • No: 0

Senate vote 2/5/2026

Reported from Finance and Appropriations with substitute

Yes: 15 • No: 0

Senate vote 1/21/2026

Rereferred from General Laws and Technology to Finance and Appropriations

Yes: 14 • No: 0

Actions Timeline

  1. Governor's amendments nos. 4-8 agreed to (64-Y 33-N 0-A)

    4/22/2026House
  2. Governor's recommendation Nos. 1, 2, and 3 passed by (Voice Vote)

    4/22/2026Senate
  3. Senate concurred in Governor's recommendation Nos. 4, 5, 6, 7, and 8 (39-Y 0-N 0-A)

    4/22/2026Senate
  4. Reenrolled bill text (SB225ER2)

    4/22/2026Senate
  5. Reenrolled

    4/22/2026Senate
  6. Governor's Action Deadline 11:59 p.m., May 23, 2026

    4/22/2026Governor
  7. Communicated to Governor

    4/22/2026Senate
  8. Signed by President

    4/22/2026Senate
  9. Signed by Speaker

    4/22/2026House
  10. Governor's recommendation adopted

    4/22/2026Governor
  11. Governor's recommendation received by Senate

    4/13/2026Governor
  12. Fiscal Impact Statement from Department of Planning and Budget (SB225)

    4/7/2026Senate
  13. Governor's Action Deadline 11:59 p.m., April 13, 2026

    3/31/2026Governor
  14. Enrolled Bill communicated to Governor on March 31, 2026

    3/31/2026Senate
  15. Signed by Speaker

    3/31/2026House
  16. Bill text as passed Senate and House (SB225ER)

    3/30/2026Senate
  17. Enrolled

    3/30/2026Senate
  18. Signed by President

    3/30/2026Senate
  19. Conference report agreed to by House (63-Y 34-N 0-A)

    3/14/2026House
  20. Conference report agreed to by Senate (39-Y 0-N 0-A)

    3/13/2026Senate
  21. Conference Report released

    3/13/2026
  22. House Conferees: Lopez, Herring, Bloxom

    3/12/2026House
  23. Conferees appointed by House

    3/12/2026House
  24. Senate acceded to request Block Vote (40-Y 0-N 0-A)

    3/12/2026Senate
  25. Conferees appointed by Senate

    3/12/2026Senate

Bill Text

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