SB 225 VA

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To Executive

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.

• Scott A. Surovell Democratic · primary

1. Jan 10, 2026 Prefiled and ordered printed; Offered 01-14-2026 26100610D · upper
2. Jan 10, 2026 Referred to Committee on General Laws and Technology · upper
3. Jan 21, 2026 Rereferred from General Laws and Technology to Finance and Appropriations (14-Y 0-N) · upper
4. Feb 2, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB225) · upper
5. Feb 5, 2026 Reported from Finance and Appropriations with substitute (15-Y 0-N) · upper
6. Feb 9, 2026 Committee substitute printed 26107397D-S1 · upper
7. Feb 9, 2026 Rules suspended · upper
8. Feb 9, 2026 Constitutional reading dispensed (on 1st reading) (40-Y 0-N 0-A) · upper
9. Feb 9, 2026 Passed by for the day (Voice Vote) · upper
10. Feb 9, 2026 Passed by for the day · upper
11. Feb 10, 2026 Read second time · upper
12. Feb 10, 2026 Floor offered Finance and Appropriations Substitute · upper
13. Feb 10, 2026 Finance and Appropriations Substitute agreed to · upper
14. Feb 10, 2026 Reading of amendment waived (Voice Vote) · upper
15. Feb 10, 2026 Senator Surovell Amendment agreed to · upper
16. Feb 10, 2026 Engrossed by Senate - committee substitute as amended · upper
17. Feb 10, 2026 Rules suspended · upper
18. Feb 10, 2026 Constitutional reading dispensed Block Vote (on 3rd reading) (40-Y 0-N 0-A) · upper
19. Feb 10, 2026 Read third time and passed Senate Block Vote (40-Y 0-N 0-A) · upper
20. Feb 13, 2026 Placed on Calendar · lower
21. Feb 13, 2026 Read first time · lower
22. Feb 13, 2026 Referred to Committee on Health and Human Services · lower
23. Feb 17, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB225) · upper
24. Feb 19, 2026 Referred from Health and Human Services and referred to Labor and Commerce (Voice Vote) · lower
25. Mar 3, 2026 Reported from Labor and Commerce with substitute and referred to Appropriations (15-Y 7-N) · lower
26. Mar 3, 2026 Committee substitute printed 26109084D-H1 · lower
27. Mar 4, 2026 Reported from Appropriations (15-Y 7-N) · lower
28. Mar 6, 2026 Read second time · lower
29. Mar 9, 2026 Read third time · lower
30. Mar 9, 2026 committee substitute rejected · lower
31. Mar 9, 2026 Passed House (61-Y 34-N 0-A) · lower
32. Mar 9, 2026 Reconsideration of passage agreed to by House · lower
33. Mar 9, 2026 Committee substitute reconsidered · lower
34. Mar 9, 2026 committee substitute agreed to · lower
35. Mar 9, 2026 Engrossed by House - committee substitute · lower
36. Mar 9, 2026 Passed House with substitute (63-Y 34-N 0-A) · lower
37. Mar 10, 2026 House substitute rejected by Senate · upper
38. Mar 11, 2026 House insisted on substitute · lower
39. Mar 11, 2026 House requested conference committee · lower
40. Mar 11, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB225) · upper
41. Mar 12, 2026 Senate acceded to request Block Vote (40-Y 0-N 0-A) · upper
42. Mar 12, 2026 Conferees appointed by Senate · upper
43. Mar 12, 2026 Senate Conferees: Surovell, Roem, French · upper
44. Mar 12, 2026 Conferees appointed by House · lower
45. Mar 12, 2026 House Conferees: Lopez, Herring, Bloxom · lower
46. Mar 13, 2026 Conference Report released · legislature
47. Mar 13, 2026 Conference report agreed to by Senate (39-Y 0-N 0-A) · upper
48. Mar 14, 2026 Conference report agreed to by House (63-Y 34-N 0-A) · lower
49. Mar 30, 2026 Enrolled · upper
50. Mar 30, 2026 Bill text as passed Senate and House (SB225ER) · upper
51. Mar 30, 2026 Signed by President · upper
52. Mar 31, 2026 Signed by Speaker · lower
53. Mar 31, 2026 Enrolled Bill communicated to Governor on March 31, 2026 · upper
54. Mar 31, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
55. Apr 7, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB225) · upper
56. Apr 13, 2026 Governor's recommendation received by Senate · executive

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Governor's Recommendation · HTML
• Enrolled · PDF
• Enrolled · HTML
• Conference Report · HTML
• Labor and Commerce Substitute · PDF
• Labor and Commerce Substitute · HTML
• Engrossed · PDF
• Engrossed · HTML
• Finance and Appropriations Substitute · PDF
• Finance and Appropriations Substitute · HTML
• Introduced · PDF
• Introduced · HTML