As used in this chapter, unless the context requires a different meaning: “Authority” means the Southwest Virginia Energy Research and Development Authority created pursuant to this chapter. “Developer” means any private developer of an energy development project in Southwest Virginia. “Energy development project” means an electric generation facility located within Southwest Virginia and includes interests […]
The Southwest Virginia Energy Research and Development Authority is created as a body corporate and a political subdivision of the Commonwealth and as such shall have, and is vested with, all of the politic and corporate powers as are set forth in this chapter. The Authority is established for the purposes of promoting opportunities for […]
A. The Authority shall be composed of 11 nonlegislative citizen members appointed as follows: Four members shall be appointed by the Governor, four members shall be appointed by the Speaker of the House of Delegates, and three members shall be appointed by the Senate Committee on Rules. All members of the Authority shall reside in […]
In addition to such other powers and duties established under this chapter, the Authority shall have 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 such place or places within the Commonwealth as […]
On or before October 15 of each year, beginning in 2020, the Authority shall submit an annual summary of its activities and recommendations to the Governor and the Chairmen of the House Committees on Appropriations and on Labor and Commerce, and the Chairmen of the Senate Committees on Finance and Appropriations and on Commerce and […]
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 energy projects. B. Nothing in this section shall prohibit the Authority, in its discretion, from releasing any information that has been transformed into a statistical or aggregate form that does […]
A. The exercise of the powers granted by this chapter 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 performing an essential governmental function in the exercise of the powers conferred upon it by this […]
The provisions of this chapter shall expire on July 1, 2029. 2019, cc. 555, 556.
