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Bill > HB107


VA HB107

Electric Vehicle Rural Infrastructure Program and Fund; established and created.


summary

Introduced
01/01/2024
In Committee
02/29/2024
Crossed Over
03/06/2024
Passed
Dead
03/09/2024

Introduced Session

Potential new amendment
2024 Regular Session

Bill Summary

Electric Vehicle Rural Infrastructure Program Electric Vehicle Rural Infrastructure Program and Fund created. Creates the Electric Vehicle Rural Infrastructure Program and Fund to assist private developers with non-utility costs associated with the installation of public electric vehicle charging stations in certain localities. The bill provides that a private developer is eligible to receive grants of 70 percent of such non-utility costs for public electric vehicle charging stations installed in a city or county that meets the criteria of a distressed locality, as defined in the bill. The bill has an expiration date of July 1, 2028.

AI Summary

This bill establishes the Electric Vehicle Rural Infrastructure Program and Fund to assist private developers with non-utility costs associated with the installation of public electric vehicle charging stations in certain "distressed localities" in Virginia, defined as cities or counties with low population density and high unemployment and poverty rates. The program provides grants of up to 70% of the non-utility costs for such installations, with the total aggregate amount of grants capped at $25 million per fiscal year. The fund is a special nonreverting fund administered by the Department, and the bill has an expiration date of July 1, 2028.

Committee Categories

Agriculture and Natural Resources, Budget and Finance, Business and Industry

Sponsors (3)

Last Action

Failed to pass in House (on 03/09/2024)

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