HB 1152: Carbon market participation; coastal and marine resources.

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Department of Environmental Quality; carbon market participation; coastal and marine resources. Allows the Department of Environmental Quality to participate in any carbon market for the preservation, restoration, and sustainable management of the Commonwealth's coastal and marine resources on state-owned bottomlands and property and enter into agreements necessary to facilitate such participation. The bill requires the Department to hold exclusive title to such credits until such credits are sold. Any revenues resulting from the sale of such credits are required to be distributed as follows: 75 percent to the Oyster Replenishment Fund and 25 percent to the qualifying leaseholder.

Sponsors

Sponsors by party (alphabetical): Republican 1

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. February 24, 2026Stricken at request of Patron in Agriculture, Conservation and Natural Resources (13-Y 0-N)
2. February 18, 2026Referred to Committee on Agriculture, Conservation and Natural Resources
3. February 18, 2026Constitutional reading dispensed (on 1st reading)
4. February 17, 2026Read third time and passed House (89-Y 7-N 0-A)
5. February 16, 2026Engrossed by House - committee substitute
6. February 16, 2026committee substitute agreed to
7. February 16, 2026Read second time
8. February 13, 2026Read first time
9. February 11, 2026Committee substitute printed 26107815D-H1
10. February 11, 2026Reported from Agriculture, Chesapeake and Natural Resources with substitute (19-Y 3-N)
11. February 11, 2026House committee offered
12. February 11, 2026Subcommittee recommends reporting with substitute (9-Y 1-N)

Showing 12 most recent of 17 actions. Full history