§ 45.2-1911. (Effective October 1, 2021; Expires July 1, 2025) Sunset
The provisions of this article shall expire on July 1, 2025. 2021, Sp. Sess. I, c. 387.
§ 45.2-1908. (Effective October 1, 2021; Expires July 1, 2025) Annual report
On or before October 15 of each year, the Authority shall submit an annual summary of its activities and recommendations to the Governor and the Chairmen of the House Committee on Appropriations, the Senate Committee on Finance and Appropriations, the House Committee on Labor and Commerce, and the Senate Committee on Commerce and Labor. 2015, […]
§ 45.2-1909. (Effective October 1, 2021; Expires July 1, 2025) Confidentiality of information
A. The Authority shall hold in confidence the personal and financial information supplied to it or maintained by it concerning the siting and development of solar energy projects and energy storage projects. B. Nothing in this section shall prohibit the Authority, in its discretion, from releasing any information that has been transformed into a statistical […]
§ 45.2-1910. (Effective October 1, 2021; Expires July 1, 2025) Declaration of public purpose; exemption from taxation
A. The exercise of the powers granted by this article shall be in all respects for the benefit of the citizens of the Commonwealth and for the promotion of their welfare, convenience, and prosperity. B. The Authority shall be deemed to be performing an essential governmental function in the exercise of the powers conferred upon […]
§ 45.2-1905. (Effective October 1, 2021; Expires July 1, 2025) Federal loan guarantees
A. The Authority, on behalf of the Commonwealth, may apply to the U.S. Department of Energy for federal loan guarantees authorized or made available pursuant to Title XVII of the federal Energy Policy Act of 2005, P.L. 109-58; the federal American Recovery and Reinvestment Act of 2009, P.L. 111-5; or other similar federal legislation to […]
§ 45.2-1906. (Effective October 1, 2021; Expires July 1, 2025) Powers and duties of the Authority
In addition to other powers and duties established under this article, the Authority has the power and duty to: 1. Adopt, use, and alter at will an official seal; 2. Make bylaws for the management and regulation of its affairs; 3. Maintain an office at any place within the Commonwealth it designates; 4. Accept, hold, […]
§ 45.2-1907. (Effective October 1, 2021; Expires July 1, 2025) Director; staff; counsel to the Authority
A. The Director shall serve as Director of the Authority and shall administer the affairs and business of the Authority in accordance with the provisions of this article and subject to the policies, control, and direction of the Authority. The Director may obtain non-state-funded support to carry out any duties assigned to the Director. Funding […]
§ 45.2-1902. (Effective October 1, 2021; Expires July 1, 2025) Virginia Solar Energy Development and Energy Storage Authority established; purpose
The Virginia Solar Energy Development Authority is continued as the Virginia Solar Energy Development and Energy Storage Authority. The Authority constitutes a political subdivision of the Commonwealth. The Authority is established for the purposes of (i) facilitating, coordinating, and supporting the development, either by the Authority or by other qualified entities, of the solar energy […]
§ 45.2-1903. (Effective October 1, 2021; Expires July 1, 2025) Membership; terms; vacancies; expenses
A. The Authority shall have a total membership of 15 nonlegislative citizen members appointed as follows: eight members to be appointed by the Governor; four members to be appointed by the Speaker of the House of Delegates; and three members to be appointed by the Senate Committee on Rules. All members of the Authority shall […]
§ 45.2-1904. (Effective October 1, 2021; Expires July 1, 2025) Partnerships
A. The Authority may establish public-private partnerships with entities pursuant to the Public-Private Education Facilities and Infrastructure Act of 2002 (§ 56-575.1 et seq.) to increase the number of solar energy generation systems on or located adjacent to public and private facilities in the Commonwealth. Any partnership established pursuant to this section shall stipulate that […]