Virginia legislation · 2026 Regular Session
Virginia HB397: An Act 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.
Status: Chaptered, April 13, 2026
Clean energy and community flood preparedness; market-based trading program. Directs the Department of Environmental Quality and the State Air Pollution Control Board to establish and maintain a market-based trading program consistent with the Regional Greenhouse Gas Initiative program, as defined in existing law, to reduce carbon dioxide emissions from electricity generating units in the Commonwealth. This bill is identical to SB 802.
What the bill says
An Act 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. [H 397] Approved April 13, 2026 1. That §§ 10.1-1330 and 10.1-1331 of the Code of Virginia are amended and reenacted as report. A. [DELETED: The] [DELETED: provisions] [DELETED: of] [DELETED: this] [DELETED: article] [DELETED: shall] [DELETED: be] [DELETED: incorporated] [DELETED: by] [DELETED: the] [DELETED: Department,] [DELETED: without] [DELETED: further] [DELETED: action] [DELETED: by] [DELETED: the] [DELETED: Board,] [DEL.
From the enrolled text, April 13, 2026:
An Act 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. [H 397] Approved April 13, 2026 1. That §§ 10.1-1330 and 10.1-1331 of the Code of Virginia are amended and reenacted as report. A. [DELETED: The] [DELETED: provisions] [DELETED: of] [DELETED: this] [DELETED: article] [DELETED: shall] [DELETED: be] [DELETED: incorporated] [DELETED: by] [DELETED: the] [DELETED: Department,] [DELETED: without] [DELETED: further] [DELETED: action] [DELETED: by] [DELETED: the] [DELETED: Board,] [DELETED: into] [DELETED: the] [DELETED: final] [DELETED: regulation] [DELETED: adopted] [DELETED: by] [DELETED: the] [DELETED: Board] [DELETED: on] [DELETED: April] [DELETED: 19,] [DELETED: 2019,] [DELETED: and] [DELETED: published] [DELETED: in] [DELETED: the] [DELETED: Virginia] [DELETED: Register] [DELETED: on] [DELETED: May] [DELETED: 27,] [DELETED: 2019.] [DELETED: Such] [DELETED: incorporation] [DELETED: by] [DELETED: the] [DELETED: Department] [DELETED: shall] [DELETED: be] [DELETED: exempt] [DELETED: from] [DELETED: the] [DELETED: provisions] [DELETED: of] [DELETED: the] [DELETED: Virginia] [DELETED: Administrative] [DELETED: Process] [DELETED: Act] [DELETED: (§ 2.2-4000] [DELETED: et] [DELETED: seq.)] The Board shall establish and maintain a market-based trading regulation, consistent with the RGGI program, to reduce carbon dioxide emissions from electricity generating units in the Commonwealth that shall be implemented and administered by the Department. B. The Director [DELETED: is] [DELETED: hereby] [DELETED: authorized] [DELETED: to] shall establish, implement, and …