SB499
Chesapeake Bay Pay for Outcomes Fund; established.
Status:
In Senate
Latest Action:
Feb. 12, 2026
Senate: Engrossed by Senate - committee substitute Block Vote (Voice Vote)
Chief Patron:
Dave Marsden (D)
Session:
2026 Regular Session
Summary
As Introduced. Chesapeake Bay Pay for Outcomes Fund established.
Establishes the Chesapeake Bay Pay for Outcomes Fund to provide outcome-based payments for verified reductions in nutrient and sediment pollution from nonpoint sources within the Chesapeake Bay watershed of the Commonwealth. The Department of Environmental Quality is directed to administer the Fund and to establish a competitive solicitation process for ... (More) awarding payments from the Fund. (Less)-
Bill History
- 01/13/2026 - Senate: Prefiled and ordered printed; Offered 01-14-2026 26105064D
- 01/13/2026 - Senate: Referred to Committee on Agriculture, Conservation and Natural Resources
- 02/03/2026 - Senate: Assigned SACNR sub: Water Usage
- 02/03/2026 - Senate: Reported from Agriculture, Conservation and Natural Resources with substitute and rereferred to Finance and Appropriations (14-Y 0-N)
- 02/03/2026 - Senate: Rereferred to Finance and Appropriations
- 02/04/2026 - Senate: Committee substitute printed 26107005D-S1
- 02/10/2026 - Senate: Reported from Finance and Appropriations with substitute (15-Y 0-N)
- 02/11/2026 - Senate: Committee substitute printed 26107696D-S2
- 02/11/2026 - Senate: Rules suspended
- 02/11/2026 - Senate: Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
- 02/11/2026 - Senate: Passed by for the day Block Vote (Voice Vote)
- 02/12/2026 - Senate: Fiscal Impact Statement from Department of Planning and Budget (SB499)
- 02/12/2026 - Senate: Read second time
- 02/12/2026 - Senate: Agriculture, Conservation and Natural Resources Substitute rejected
- 02/12/2026 - Senate: Finance and Appropriations Substitute agreed to
- 02/12/2026 - Senate: Engrossed by Senate - committee substitute Block Vote (Voice Vote)
