HB397
Clean energy and community flood preparedness; market-based trading program.
Status:
In Senate
Latest Action:
Feb. 4, 2026
Senate: Referred to Committee on Agriculture, Conservation and Natural Resources
Chief Patron:
Charniele Herring (D)
Session:
2026 Regular Session
Summary
As Introduced. Clean energy and community flood preparedness; market-based trading program.
Directs the Director of the Department of Environmental Quality to establish, implement, and manage an auction program to sell allowances into a market-based trading program consistent with the Regional Greenhouse Gas Initiative and the Clean Energy and Community Flood Preparedness Act. Under current law, the Director is authorized but not ... (More) required to establish, implement, and manage such auction program. The bill requires certain regulatory actions necessary for the Commonwealth to rejoin the Regional Greenhouse Gas Initiative and resume participation therein. (Less)-
Bill History
- 01/12/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26104232D
- 01/12/2026 - House: Referred to Committee on Agriculture, Chesapeake and Natural Resources
- 01/19/2026 - House: Assigned HACNR sub: Natural Resources
- 01/20/2026 - House: Placed on Agriculture, Chesapeake and Natural Resources Agenda
- 01/21/2026 - House: House subcommittee offered
- 01/21/2026 - House: Subcommittee recommends reporting with substitute (7-Y 3-N)
- 01/27/2026 - House: Placed on Agriculture, Chesapeake and Natural Resources Agenda
- 01/28/2026 - House: Reported from Agriculture, Chesapeake and Natural Resources with substitute (15-Y 7-N)
- 01/28/2026 - House: Committee substitute printed 26105867D-H1
- 01/29/2026 - House: Fiscal Impact Statement from Department of Planning and Budget (HB397)
- 01/30/2026 - House: Read first time
- 02/02/2026 - House: Read second time
- 02/02/2026 - House: committee substitute agreed to
- 02/02/2026 - House: Engrossed by House - committee substitute
- 02/03/2026 - House: Read third time and passed House (63-Y 35-N 0-A) Close Floor Vote
- 02/04/2026 - Senate: Constitutional reading dispensed (on 1st reading)
- 02/04/2026 - Senate: Referred to Committee on Agriculture, Conservation and Natural Resources
