HB1819
Commercial Property Assessed Clean Energy (C-PACE); changes to financing program, definitions.
Status:
Enacted
Latest Action:
March 21, 2025
Acts of Assembly Chapter text (CHAP0205)
Chief Patron:
David Reid (D)
Session:
2025 Regular Session
Summary
As Passed House of Origin. 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. ... (More) The bill also (i) changes from two years to three years from a locality's issuance of a certificate of occupancy the time period by 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. (Less)-
Bill History
- 01/06/2025 - House: Prefiled and ordered printed; Offered 01-08-2025 25103112D
- 01/06/2025 - House: Referred to Committee on Counties, Cities and Towns
- 01/13/2025 - House: Assigned CCT sub: Subcommittee #2
- 01/15/2025 - House: Placed on Counties, Cities and Towns Agenda
- 01/16/2025 - House: Subcommittee recommends reporting with substitute (7-Y 1-N)
- 01/16/2025 - House: Placed on Counties, Cities and Towns Agenda
- 01/17/2025 - House: Reported from Counties, Cities and Towns with substitute (22-Y 0-N)
- 01/17/2025 - House: Committee substitute printed 25105156D-H1
- 01/21/2025 - House: Read first time
- 01/22/2025 - House: Read second time
- 01/22/2025 - House: Counties, Cities and Towns Substitute agreed to
- 01/22/2025 - House: Engrossed by House - committee substitute
- 01/23/2025 - House: Read third time and passed House (97-Y 0-N)
- 01/24/2025 - Senate: Constitutional reading dispensed (on 1st reading)
- 01/24/2025 - Senate: Referred to Committee on Local Government
- 01/29/2025 - House: Fiscal Impact Statement from Department of Planning and Budget (HB1819)
- 02/10/2025 - Senate: Reported from Local Government and rereferred to Finance and Appropriations (13-Y 2-N)
- 02/10/2025 - Senate: Rereferred to Finance and Appropriations
- 02/12/2025 - Senate: Reported from Finance and Appropriations with substitute (15-Y 0-N)
- 02/12/2025 - Senate: Committee substitute printed 25107292D-S1
- 02/13/2025 - Senate: Rules suspended
- 02/13/2025 - Senate: Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
- 02/13/2025 - Senate: Passed by for the day
- 02/14/2025 - House: Fiscal Impact Statement from Department of Planning and Budget (HB1819)
- 02/14/2025 - Senate: Read third time
- 02/14/2025 - Senate: Reading of substitute waived
- 02/14/2025 - Senate: Finance and Appropriations Substitute agreed to
- 02/14/2025 - Senate: Engrossed by Senate - committee substitute
- 02/14/2025 - Senate: Passed Senate with substitute (35-Y 0-N)
- 02/18/2025 - House: Senate substitute agreed to by House (95-Y 1-N)
- 02/20/2025 - House: Enrolled
- 02/20/2025 - House: Bill text as passed House and Senate (HB1819ER)
- 02/20/2025 - House: Signed by Speaker
- 02/23/2025 - Senate: Signed by President
- 02/24/2025 - House: Fiscal Impact Statement from Department of Planning and Budget (HB1819)
- 03/05/2025 - House: Enrolled Bill communicated to Governor on March 5, 2025
- 03/05/2025 - Governor's Action Deadline 11:59 p.m., March 24, 2025
- 03/21/2025 - Approved by Governor-Chapter 205 (Effective 07/01/25)
- 03/21/2025 - Acts of Assembly Chapter text (CHAP0205)
