Why 4/5: Establishes a new state financial institution dedicated to funding clean energy and emissions reduction projects, representing a significant new program.
This bill establishes the Virginia Clean Energy Innovation Bank to strategically deploy public funds through grants, loans, and other financing for clean energy and greenhouse gas emissions reduction projects. This new state entity aims to accelerate the development and implementation of climate-friendly technologies and initiatives across Virginia.
Update
Passed by for the day Block Vote (Voice Vote)
Third reading
Read third time
Update
Commerce and Labor Substitute agreed to
Substitute adopted
Engrossed by Senate - committee substitute
Passed a chamber
Passed Senate with substitute (40-Y 0-N 0-A)
Substitute adopted
Senate substitute agreed to by House (64-Y 35-N 0-A)
Update
Fiscal Impact Statement from Department of Planning and Budget (HB1444)
Enrolled
Enrolled
Passed a chamber
Bill text as passed House and Senate (HB1444ER)
This bill has passed its votes and is headed to the Governor's desk. You still have a say — the Governor's office reads messages before deciding whether to sign.
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Summarized from the official bill text (“Virginia Clean Energy Innovation Bank; created, report, membership.”) · Read the actual bill →
Passed a chamber
Signed by President
Passed a chamber
Signed by Speaker
Enrolled
Enrolled Bill communicated to Governor on March 31, 2026
Sent to the Governor
Governor's Action Deadline 11:59 p.m., April 13, 2026
Update
Fiscal Impact Statement from Department of Planning and Budget (HB1444)
Line-item veto
Governor's recommendation received by House