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VA SB415

VA SB415
Va. Brownfield & Coal Mine Renewable Energy Grant Fund; increases kilowatt of nameplate capacity.


summary

Introduced
01/13/2026
In Committee
02/03/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Regular Session

Bill Summary

Virginia Brownfield and Coal Mine Renewable Energy Grant Fund. Increases from $100 per kilowatt of nameplate capacity from renewable energy sources that are located on brownfields to $200 per kilowatt of nameplate capacity from renewable energy sources that are located on brownfields the grant amount a project developer can receive from the Virginia Brownfield and Coal Mine Renewable Energy Grant Fund. This bill is a recommendation of the Commission on Electric Utility Regulation.

AI Summary

This bill, a recommendation from the Commission on Electric Utility Regulation, increases the grant amount for renewable energy projects developed on brownfields, which are properties whose redevelopment might be complicated by the presence of hazardous substances. Specifically, the bill doubles the grant amount from $100 to $200 per kilowatt of nameplate capacity (the maximum power output) for renewable energy sources located on brownfields, funded through the Virginia Brownfield and Coal Mine Renewable Energy Grant Fund. This fund supports projects on brownfields or previously coal-mined lands, aiming to revitalize these areas for renewable energy generation or storage.

Committee Categories

Agriculture and Natural Resources, Budget and Finance

Sponsors (1)

Last Action

Continued to next session in Finance and Appropriations (15-Y 0-N) (on 02/11/2026)

bill text


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bill summary

Document Type Source Location
State Bill Page https://lis.virginia.gov/bill-details/20261/SB415
Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (SB415) https://lis.blob.core.windows.net/files/1107576.PDF
BillText https://lis.virginia.gov/bill-details/20261/SB415/text/SB415
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