Files
republic-os/legislation/us/states/va/2024/sb-464.md
T
2026-07-06 17:28:36 -04:00

108 lines
7.5 KiB
Markdown
Raw Blame History

This file contains ambiguous Unicode characters
This file contains Unicode characters that might be confused with other characters. If you think that this is intentional, you can safely ignore this warning. Use the Escape button to reveal them.
---
type: "Bill"
title: "Fisheries Innovation for Sustainable Harvest Fund; established."
description: "Fisheries Innovation for Sustainable HarvestFund established. Establishes the Fisheries Innovation for SustainableHarvest Fund for the purposes of supporting and promoting the economicgrowth and development of Virginia's seafood economy. The Fund shallbe administered by the Marine Resources Commission for the sole purposeof supporting and promoting the economic growth and development ofVirginia's seafood economy while enhancing the sustainability ofVirginia's marine fisheries resources through the awarding of grants,revolving loans, or other financial tools. The bill provides thatthe Commercial Fishing Advisory Board shall advise the Commissionon expenditures from the Fund and also requires royalties collectedby the Commission on or after July 1, 2024, as a result of the generationor transmission of electrical or compressed air energy from certainoffshore renewable sources to be credited to the Fund. The bill alsoprovides that any such royalties appropriated to the Virginia CoastalEnergy Research Consortium under current law shall instead be appropriatedto the Fund."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2024"
identifier: "SB 464"
citation: "Virginia SB 464 (2024)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Richard H. Stuart"]
version_count: 5
action_count: 40
vote_count: 8
first_action: "2024-01-09"
last_action: "2024-03-28"
source: "openstates"
source_identifier: "ocd-bill/58302164-9d26-4fa2-9721-0abc18d8029f"
source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+SB464"
source_hash: "ab0ecf1603e83440a83421524b117587156f5c65b0e6727707cb4d5c90017bd8"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-va"]
---
# Virginia SB 464 (2024) — Fisheries Innovation for Sustainable Harvest Fund; established.
Fisheries Innovation for Sustainable HarvestFund established. Establishes the Fisheries Innovation for SustainableHarvest Fund for the purposes of supporting and promoting the economicgrowth and development of Virginia's seafood economy. The Fund shallbe administered by the Marine Resources Commission for the sole purposeof supporting and promoting the economic growth and development ofVirginia's seafood economy while enhancing the sustainability ofVirginia's marine fisheries resources through the awarding of grants,revolving loans, or other financial tools. The bill provides thatthe Commercial Fishing Advisory Board shall advise the Commissionon expenditures from the Fund and also requires royalties collectedby the Commission on or after July 1, 2024, as a result of the generationor transmission of electrical or compressed air energy from certainoffshore renewable sources to be credited to the Fund. The bill alsoprovides that any such royalties appropriated to the Virginia CoastalEnergy Research Consortium under current law shall instead be appropriatedto the Fund.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **CHAP0246** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+CHAP0246)
2. **Committee substitute printed 24107345D-S1** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB464S1)
3. **Committee substitute printed 24107985D-H1** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB464H1)
4. **Prefiled and ordered printed; offered 01/10/24 24104593D** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB464)
5. **SB464ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB464ER)
## Votes
- Subcommittee recommends reporting with substitute (10-Y 0-N) — **100** (pass) · lower
- House substitute agreed to by Senate (40-Y 0-N) — **400** (pass) · upper
- VOTE: Passage (90-Y 10-N) — **8910** (pass) · lower
- Constitutional reading dispensed (40-Y 0-N) — **400** (pass) · upper
- Passed Senate (40-Y 0-N) — **400** (pass) · upper
- Constitutional reading dispensed (40-Y 0-N) — **400** (pass) · upper
- Reported from Agriculture, Chesapeake and Natural Resources with substitute (22-Y 0-N) — **220** (pass) · lower
- Reported from Finance and Appropriations with substitute (15-Y 0-N) — **150** (pass) · upper
## Sponsors
- Richard H. Stuart — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2024-01-09** Prefiled and ordered printed; offered 01/10/24 24104593D `filing, introduction`
- **2024-01-09** Referred to Committee on Finance and Appropriations `referral-committee`
- **2024-01-30** Impact statement from DPB (SB464)
- **2024-02-07** Reported from Finance and Appropriations with substitute (15-Y 0-N) `committee-passage`
- **2024-02-07** Committee substitute printed 24107345D-S1 `substitution`
- **2024-02-08** Constitutional reading dispensed (40-Y 0-N)
- **2024-02-09** Read second time `reading-2`
- **2024-02-09** Reading of substitute waived
- **2024-02-09** Committee substitute agreed to 24107345D-S1 `substitution`
- **2024-02-09** Engrossed by Senate - committee substitute SB464S1 `substitution`
- **2024-02-09** Constitutional reading dispensed (40-Y 0-N)
- **2024-02-09** Passed Senate (40-Y 0-N) `passage`
- **2024-02-12** Impact statement from DPB (SB464S1)
- **2024-02-15** Placed on Calendar
- **2024-02-15** Read first time `reading-1`
- **2024-02-15** Referred to Committee on Agriculture, Chesapeake and Natural Resources `referral-committee`
- **2024-02-16** Assigned ACNR sub: Chesapeake `referral-committee`
- **2024-02-19** Subcommittee recommends reporting with substitute (10-Y 0-N) `substitution`
- **2024-02-21** Reported from Agriculture, Chesapeake and Natural Resources with substitute (22-Y 0-N) `committee-passage`
- **2024-02-21** Committee substitute printed 24107985D-H1 `substitution`
- **2024-02-23** Read second time `reading-2`
- **2024-02-26** Passed by for the day
- **2024-02-27** Passed by for the day
- **2024-02-28** Read third time `reading-3`
- **2024-02-28** Committee substitute agreed to 24107985D-H1 `substitution`
- **2024-02-28** Engrossed by House - committee substitute SB464H1 `substitution`
- **2024-02-28** Passed House with substitute SB464H1 (90-Y 10-N) `passage`
- **2024-02-28** VOTE: Passage (90-Y 10-N) `passage`
- **2024-03-01** House substitute agreed to by Senate (40-Y 0-N) `substitution`
- **2024-03-01** Title replaced 24107985D-H1
- **2024-03-04** Impact statement from DPB (SB464H1)
- **2024-03-06** Enrolled `enrolled`
- **2024-03-06** Bill text as passed Senate and House (SB464ER) `passage`
- **2024-03-06** Impact statement from DPB (SB464ER)
- **2024-03-06** Signed by Speaker `passage`
- **2024-03-07** Signed by President `passage`
- **2024-03-11** Enrolled Bill Communicated to Governor on March 11, 2024 `enrolled`
- **2024-03-11** Governor's Action Deadline 11:59 p.m., April 8, 2024 `executive-receipt`
- **2024-03-28** Approved by Governor-Chapter 246 (effective 7/1/24) `executive-signature`
- **2024-03-28** Acts of Assembly Chapter text (CHAP0246)
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/58302164-9d26-4fa2-9721-0abc18d8029f`. Confidence: reported (aggregated from official Virginia legislature records).