Virginia 2024 Regular Session Status: In Committee

HB 367 — Parking Lot Solar Development Pilot Program and Fund; established, report.

Last action — Left in Appropriations

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House of Delegates
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2024 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Parking Lot Solar Development Program and Fund; report. Directs the Department of Energy, in consultation with the Department of Environmental Quality, to establish by January 1, 2025, a Parking Lot Solar Development Program for the purpose of encouraging development of distributed parking lot solar projects up to one megawatt in size in the Commonwealth. The bill also creates the Parking Lot Solar Development Fund for the purposes of (i) funding solar renewable energy credit values at an updated 10-year levelized incentive level through the renewable energy certificate market using a solar financing model as described in the bill, (ii) implementing and administering the Parking Lot Solar Development Program, and (iii) implementing and administering an alternative auction site that sets a fixed price for solar renewable energy credits not sold in the Commonwealth. The bill requires the Department, in consultation with the Department of Environmental Quality, to engage in a stakeholder consultation to evaluate the current costs of solar installations and incentive levels across market segments and study benefits to grid security and reliability, ratepayers, and environmental goals of the Commonwealth by December 1, 2024, and every five years thereafter. The bill also directs the Commission to consult with agencies and stakeholders to develop an online mapping database of potential parking lot solar sites for development in the Commonwealth by December 1, 2024. Finally, the bill requires the Department, in consultation with the Department of Environmental Quality, to submit an annual report to the General Assembly regarding the implementation of the Parking Lot Solar Development Program for the preceding fiscal year by November 1, 2025.

Bill Text

Action History

  1. Left in Appropriations

  2. Subcommittee recommends laying on the table (7-Y 1-N)

  3. Impact statement from DPB (HB367)

  4. Assigned App. sub: Commerce Agriculture & Natural Resources

  5. Referred to Committee on Appropriations

  6. Prefiled and ordered printed; offered 01/10/24 24101777D

Sponsors

Sponsorship breakdown

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1 sponsors · 2 co-sponsors · 145 not signed on · 1 voted No

Sponsors (1)

Co-sponsors (2)

Not signed on (145)

145 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Votes

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Frequently asked questions

What does HB 367 do?
Parking Lot Solar Development Program and Fund; report. Directs the Department of Energy, in consultation with the Department of Environmental Quality, to establish by January 1, 2025, a Parking Lot Solar Development Program for the purpose of encouraging development of distributed parking lot solar projects up to one megawatt in size in the Commonwealth. The bill also creates the Parking Lot Solar Development Fund for the purposes of (i) funding solar renewable energy credit values at an updated 10-year levelized incentive level through the renewable energy certificate market using a solar financing model as described in the bill, (ii) implementing and administering the Parking Lot Solar Development Program, and (iii) implementing and administering an alternative auction site that sets a fixed price for solar renewable energy credits not sold in the Commonwealth. The bill requires the Department, in consultation with the Department of Environmental Quality, to engage in a stakeholder consultation to evaluate the current costs of solar installations and incentive levels across market segments and study benefits to grid security and reliability, ratepayers, and environmental goals of the Commonwealth by December 1, 2024, and every five years thereafter. The bill also directs the Commission to consult with agencies and stakeholders to develop an online mapping database of potential parking lot solar sites for development in the Commonwealth by December 1, 2024. Finally, the bill requires the Department, in consultation with the Department of Environmental Quality, to submit an annual report to the General Assembly regarding the implementation of the Parking Lot Solar Development Program for the preceding fiscal year by November 1, 2025.
Who sponsors HB 367?
HB 367 is sponsored by David A. Reid, Irene Shin, and Shelly A. Simonds.
What is the current status of HB 367?
This bill died with 2024 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 367?
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