{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/45.2-1813.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/45.2-1813.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/45.2-1813.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/45.2-1813.html"}],"law_id":61809,"edition_id":1,"section_id":61809,"structure_id":14326,"section_number":"45.2-1813","catch_line":" Federal loan guarantees","history":"2010, cc. 507, 681, \u00a7 67-1205; 2021, Sp. Sess. I, c. 387.","full_text":"A\n\nThe Authority, on behalf of the Commonwealth, may apply to the U.S. Department of Energy for federal loan guarantees authorized or made available pursuant to Title XVII of the federal Energy Policy Act of 2005, P.L. 109-58; the federal American Recovery and Reinvestment Act of 2009, P.L. 111-5; or other similar federal legislation to facilitate the development of offshore wind energy projects.B\n\nUpon obtaining a federal loan guarantee for an offshore wind energy project pursuant to subsection A, the Authority, subject to any restrictions imposed by federal law, may allocate or assign all or any portion thereof to a qualified third party on terms and conditions the Authority finds appropriate. Any action of the Authority relating to the allocation and assignment of such loan guarantee shall be exempt from the provisions of the Administrative Process Act (§ 2.2-4000 et seq.) pursuant to subdivision B 4 of § 2.2-4002. Any decision of the Authority pursuant to this section shall be final and not subject to review or appeal.","order_by":null,"text":{"0":{"id":225730,"text":"The Authority, on behalf of the Commonwealth, may apply to the U.S. Department of Energy for federal loan guarantees authorized or made available pursuant to Title XVII of the federal Energy Policy Act of 2005, P.L. 109-58; the federal American Recovery and Reinvestment Act of 2009, P.L. 111-5; or other similar federal legislation to facilitate the development of offshore wind energy projects.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":225731,"text":"Upon obtaining a federal loan guarantee for an offshore wind energy project pursuant to subsection A, the Authority, subject to any restrictions imposed by federal law, may allocate or assign all or any portion thereof to a qualified third party on terms and conditions the Authority finds appropriate. Any action of the Authority relating to the allocation and assignment of such loan guarantee shall be exempt from the provisions of the Administrative Process Act (§ 2.2-4000 et seq.) pursuant to subdivision B 4 of § 2.2-4002. Any decision of the Authority pursuant to this section shall be final and not subject to review or appeal.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":14326,"edition_id":1,"name":"Virginia Offshore Wind Development Authority","identifier":"2","label":"article","depth":4,"order_by":1,"parent_id":14325,"metadata":{},"date_created":"2026-06-26 03:47:45","date_modified":"2026-06-26 03:47:45","permalink":{"id":225073,"object_type":"structure","relational_id":14326,"identifier":"2","token":"45.2\/V\/18\/2","url":"\/45.2\/V\/18\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":14325,"edition_id":1,"name":"Wind Energy","identifier":"18","label":"chapter","depth":3,"order_by":1,"parent_id":12714,"metadata":{},"date_created":"2026-06-26 03:47:45","date_modified":"2026-06-26 03:47:45","permalink":{"id":225057,"object_type":"structure","relational_id":14325,"identifier":"18","token":"45.2\/V\/18","url":"\/45.2\/V\/18\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12714,"edition_id":1,"name":"Other Sources of Energy; Energy Policy","identifier":"V","label":"subtitle","depth":2,"order_by":1,"parent_id":12713,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":224887,"object_type":"structure","relational_id":12714,"identifier":"V","token":"45.2\/V","url":"\/45.2\/V\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12713,"edition_id":1,"name":"Mines, Minerals, and Energy","identifier":"45.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":222539,"object_type":"structure","relational_id":12713,"identifier":"45.2","token":"45.2","url":"\/45.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":72701,"structure_id":14326,"section_number":"45.2-1803","catch_line":" Definitions","url":"\/45.2-1803\/","token":"45.2\/V\/18\/2\/45.2-1803","metadata":false},{"id":86246,"structure_id":14326,"section_number":"45.2-1804","catch_line":" Virginia Offshore Wind Development Authority established; purpose","url":"\/45.2-1804\/","token":"45.2\/V\/18\/2\/45.2-1804","metadata":false},{"id":75025,"structure_id":14326,"section_number":"45.2-1805","catch_line":" Membership; terms; vacancies; expenses","url":"\/45.2-1805\/","token":"45.2\/V\/18\/2\/45.2-1805","metadata":false},{"id":60127,"structure_id":14326,"section_number":"45.2-1806","catch_line":" Powers and duties of the Authority","url":"\/45.2-1806\/","token":"45.2\/V\/18\/2\/45.2-1806","metadata":false},{"id":62282,"structure_id":14326,"section_number":"45.2-1807","catch_line":" Director; staff; counsel to the Authority","url":"\/45.2-1807\/","token":"45.2\/V\/18\/2\/45.2-1807","metadata":false},{"id":55622,"structure_id":14326,"section_number":"45.2-1808","catch_line":" Annual report","url":"\/45.2-1808\/","token":"45.2\/V\/18\/2\/45.2-1808","metadata":false},{"id":68062,"structure_id":14326,"section_number":"45.2-1809","catch_line":" Confidentiality of information","url":"\/45.2-1809\/","token":"45.2\/V\/18\/2\/45.2-1809","metadata":false},{"id":87108,"structure_id":14326,"section_number":"45.2-1810","catch_line":" Declaration of public purpose; exemption from taxation","url":"\/45.2-1810\/","token":"45.2\/V\/18\/2\/45.2-1810","metadata":false},{"id":64103,"structure_id":14326,"section_number":"45.2-1811","catch_line":" Operation","url":"\/45.2-1811\/","token":"45.2\/V\/18\/2\/45.2-1811","metadata":false},{"id":63738,"structure_id":14326,"section_number":"45.2-1812","catch_line":" Public-private partnerships","url":"\/45.2-1812\/","token":"45.2\/V\/18\/2\/45.2-1812","metadata":false},{"id":61809,"structure_id":14326,"section_number":"45.2-1813","catch_line":" Federal loan guarantees","url":"\/45.2-1813\/","token":"45.2\/V\/18\/2\/45.2-1813","metadata":false}],"previous_section":{"id":63738,"structure_id":14326,"section_number":"45.2-1812","catch_line":" Public-private partnerships","url":"\/45.2-1812\/","token":"45.2\/V\/18\/2\/45.2-1812","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/45.2-1813\/","history_text":"

This law was first created in 2010. The record of its establishment is cataloged in chapters 507<\/a> and 681<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":[{"id":86911,"section_number":"2.2-4000","catch_line":"Short title; purpose","order_by":null,"url":"\/2.2-4000\/"},{"id":69625,"section_number":"2.2-4002","catch_line":"Exemptions from chapter generally","order_by":null,"url":"\/2.2-4002\/"}],"permalink":{"id":225115,"object_type":"law","relational_id":61809,"identifier":"45.2-1813","token":"45.2\/V\/18\/2\/45.2-1813","url":"\/45.2-1813\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/45.2-1813\/","token":"45.2\/V\/18\/2\/45.2-1813","dublin_core":{"Title":" Federal loan guarantees","Type":"Text","Format":"text\/html","Identifier":"\u00a7 45.2-1813","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> The Authority<\/span>, on behalf of the Commonwealth, may apply to the U.S. Department<\/span> of Energy for federal loan guarantees authorized or made available pursuant to Title XVII of the federal Energy Policy Act of 2005, P.L. 109-58; the federal American Recovery and Reinvestment Act of 2009, P.L. 111-5; or other similar federal legislation to facilitate the development of offshore wind energy projects<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Upon obtaining a federal loan guarantee for an offshore wind energy project<\/span> pursuant to subsection A, the Authority<\/span>, subject to any restrictions imposed by federal law<\/span>, may allocate or assign all or any portion thereof to a qualified third party<\/span> on terms and conditions the Authority<\/span> finds appropriate. Any action of the Authority<\/span> relating to the allocation and assignment of such loan guarantee shall be exempt from the provisions of the Administrative Process Act (§ 2.2-4000<\/a> et seq.) pursuant to subdivision B 4 of § 2.2-4002<\/a>. Any decision of the Authority<\/span> pursuant to this section shall be final and not subject to review or appeal<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\n FEDERAL LOAN GUARANTEES (\u00a7 45.2-1813)\n\nA. The Authority, on behalf of the Commonwealth, may apply to the U.S.\nDepartment of Energy for federal loan guarantees authorized or made available\npursuant to Title XVII of the federal Energy Policy Act of 2005, P.L. 109-58;\nthe federal American Recovery and Reinvestment Act of 2009, P.L. 111-5; or other\nsimilar federal legislation to facilitate the development of offshore wind\nenergy projects.\n\nB. Upon obtaining a federal loan guarantee for an offshore wind energy project\npursuant to subsection A, the Authority, subject to any restrictions imposed by\nfederal law, may allocate or assign all or any portion thereof to a qualified\nthird party on terms and conditions the Authority finds appropriate. Any action\nof the Authority relating to the allocation and assignment of such loan\nguarantee shall be exempt from the provisions of the Administrative Process Act\n(§ 2.2-4000 et seq.) pursuant to subdivision B 4 of § 2.2-4002. Any\ndecision of the Authority pursuant to this section shall be final and not\nsubject to review or appeal.\n\nHISTORY: 2010, cc. 507, 681, \u00a7 67-1205; 2021, Sp. Sess. I, c. 387.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}