Virginia · 2026 Regular Session · Bill
SB 225: Virginia Clean Energy Innovation Bank; created, report, membership.
Passed both chambers Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 225 is a bill introduced in the Virginia Senate on January 10, 2026. According to its official title, it concerns: Virginia Clean Energy Innovation Bank; created, report, membership. Primary sponsor: Scott Surovell (Democratic). Most recent recorded action (April 13, 2026): Governor's recommendation received by Senate.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
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.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Scott Surovell | Primary sponsor | Democratic | Senate | 34 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Governor's recommendation received by Senate
- Fiscal Impact Statement from Department of Planning and Budget (SB225)
- Governor's Action Deadline 11:59 p.m., April 13, 2026
- Enrolled Bill communicated to Governor on March 31, 2026
- Signed by Speaker
- Signed by President
- Bill text as passed Senate and House (SB225ER)
- Enrolled
- Conference report agreed to by House (63-Y 34-N 0-A)
- Conference report agreed to by Senate (39-Y 0-N 0-A)
- Conference Report released
- House Conferees: Lopez, Herring, Bloxom
Showing 12 most recent of 40 actions. Full history