Last week, the Republican majority in the Virginia House of Delegates passed a $1 billion package of tax cuts for individuals and businesses, the centerpiece of Governor Glenn Youngkin’s economic agenda. But Democrats, who have a two-seat majority in the state Senate, have a laundry list of policies and programs...
Without fanfare and without awakening the drowsy Capitol press corps, Dominion Energy Virginia dropped in legislation last week to set up a partnership on its most massive capital investment, the Coastal Virginia Offshore Wind project. Just who that partner might be, what if any benefits that provides to Dominion’s 2.6 million Virginia...
Sign up to learn more and tell Virginia’s leaders: Hands off Our Cars! Sign the Petition, HERE.
...
On being told that peasants were starving for lack of bread, Marie Antionette is reputed to have said “Let them eat cake.” Marie Antionette had nothing on Delegate Suhas Subramanyam. At a House subcommittee meeting on Wednesday, Delegate Subramanyam was confronted with more than a dozen low-income families and black...
Would Prevent Natural Gas Bans Legislation to enshrine the right to use natural gas and propane in Virginia law, a repeat of a failed effort from 2022, cleared a House of Delegates committee Tuesday. The ultimate showdown will come not in the Republican-controlled House but in the Democrat-controlled Senate, where...
The Virginia House of Delegates is expected to vote this week to exempt certain Virginia manufacturers, which ones to be determined later, from the coming wave of energy costs created by Virginia’s rapid transition to unreliable forms of power generation. House Bill 1430, sponsored by Delegate Lee Ware, R-Powhatan, mirrors...
The headlines in the coming General Assembly may be captured by fights over abortion and taxes, but the deepest reach into your pockets will involve your energy bills. The state’s dominant electric utility appears to once again be seeking to amend Virginia’s regulatory and ratemaking process to its benefit. A draft bill circulating...
The set of Virginia tax changes Governor Glenn Youngkin (R) has baked into his proposed 2023 budget amendments is far more extensive and involves substantially more tax relief than the descriptions he offered in his December 15 presentation. “Baked into” is the correct phrase because his actual proposals can only...
Virginians received an early Christmas present this year. For four years, the Thomas Jefferson Institute for Public Policy has been strongly urging state officials in Virginia to lighten what has become a steadily increasing tax burden on residents and businesses in the commonwealth by enacting tax cuts and tax reform. On December 15,...
The tax on each ton of carbon dioxide emitted by Virginia electricity plants dropped to below $13 a ton in the most recent sale of CO2 allowances conducted by the Regional Greenhouse Gas Initiative (RGGI). That meant Virginia collected only $71 million in tax revenue for the fourth quarter, the...
