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  • Not enacted
    The President has not signed this bill
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      house Committees
      House Committee on Natural Resources
      Energy and Mineral Resources
      House Committee on Energy and Commerce
      House Committee on Science, Space, and Technology
      Energy
    IntroducedMarch 25th, 2010

Bill Details

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Title

VA Energy Act

Official Title

To require the Secretary of the Interior to conduct proposed oil and gas Lease Sale 220 for areas of the outer Continental Shelf at least 50 miles beyond the coastal zone of Virginia, and for other purposes.

Summary

Virginia Access to Energy Act or the VA Energy Act - Directs the Secretary of the Interior to conduct offshore oil and gas Lease Sale 220 on the Outer Continental Shelf (OCS) by as soon as practicable, but not later than one year, after the date the Secretary receives a petition from the governor requesting that the lease sale be conducted. Provides for the disposition of revenues received from such lease sale for both federal and non-federal purposes, including payments to the state of Virginia. Establishes in the Treasury the Alternative Energy Trust Fund, consisting of a portion of such revenues, which may be used for making grants for a coal and related technologies program, solar and wind technologies, and nuclear power loan guarantees, among other things.

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