Virginia House Bill 397
Session 2026
Clean energy and community flood preparedness; market-based trading program.
Active
Passed House on Feb 3, 2026
Origin Chamber
House
Type
Bill
Bill Number
397
State
Virginia
Session
2026
Margaret A. Franklin
Cosponsor
Motion Text
Read third time and passed House (63-Y 35-N 0-A)
House Roll Call Votes
Didn't Vote
Charlie Schmidt
Yes
Yes
Ellen H. McLaughlin
No
Gretchen M. Bulova
Yes
Yes
Yes
Jessica L. Anderson
Yes
John Chilton McAuliff
Yes
Didn't Vote
Karen R. "Kacey" Carnegie
Yes
Kimberly Pope Adams
Yes
Leslie Chambers Mehta
Yes
Lily V. Franklin
Yes
Margaret A. Franklin
Yes
Mark C. Downey
Yes
Yes
Yes
Yes
Yes
Stacey Annie Carroll
Yes
Summary
A BILL to amend and reenact §§ 10.1-1330 and 10.1-1331 of the Code of Virginia, relating to clean energy and community flood preparedness; market-based trading program.
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 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.
Agriculture, Chesapeake and Natural Resources Substitute
Natural Resources Subcommittee Substitute
Fiscal Impact Statement from Department of Planning and Budget (HB397)
Sort by most recent
02/04/2026
Senate
Referred to Committee on Agriculture, Conservation and Natural Resources
02/04/2026
Senate
Constitutional reading dispensed (on 1st reading)
02/03/2026
House
Read third time and passed House (63-Y 35-N 0-A)
02/02/2026
House
Engrossed by House - committee substitute
02/02/2026
House
committee substitute agreed to
02/02/2026
House
Read second time
01/30/2026
House
Read first time
01/29/2026
House
Fiscal Impact Statement from Department of Planning and Budget (HB397)
01/28/2026
House
Committee substitute printed 26105867D-H1
01/28/2026
House
Reported from Agriculture, Chesapeake and Natural Resources with substitute (15-Y 7-N)
01/21/2026
House
Subcommittee recommends reporting with substitute (7-Y 3-N)
01/21/2026
House
House subcommittee offered
01/19/2026
House
Assigned HACNR sub: Natural Resources
01/12/2026
House
Referred to Committee on Agriculture, Chesapeake and Natural Resources
01/12/2026
House
Prefiled and ordered printed; Offered 01-14-2026 26104232D
Sources
VA Legislature
Open States
Record Created
Jan 20, 2026 9:31:09 PM
Record Updated
Feb 8, 2026 9:09:48 PM