SB 77 Nutrient credit certification; regulations, Nutrient Trading Act is established, penalty.
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Summary as passed Senate: (all summaries)

Nutrient Trading Act; penalty.  Directs the Virginia Soil and Water Conservation Board to adopt regulations governing the certification of certain nutrient credits. Referring to Chesapeake Bay Total Maximum Daily Loads (TMDLs), the legislation sets out certain requirements of the regulations, directs the Department of Conservation and Recreation to establish an online registry of certified credits, and provides for enforcement and appeals. The bill provides that an operator of a credit-generating facility found to be in violation of the Nutrient Trading Act or any attendant regulations shall be subject to a civil penalty not exceeding $10,000. This bill is identical to HB 176.

Full text:
01/05/12  Senate: Prefiled and ordered printed; offered 01/11/12 12100896D  pdf
02/02/12  Senate: Committee substitute printed 12105049D-S1  pdf | impact statement
02/22/12  House: Committee substitute printed 12105436D-H1  pdf | impact statement
03/02/12  Senate: Bill text as passed Senate and House (SB77ER)  pdf | impact statement
04/18/12  Senate: Reenrolled bill text (SB77ER2)  pdf
04/18/12  Governor: Acts of Assembly Chapter text (CHAP0808)  pdf

Amendments:
Governor's recommendation

Status:
01/05/12  Senate: Prefiled and ordered printed; offered 01/11/12 12100896D
01/05/12  Senate: Referred to Committee on Agriculture, Conservation and Natural Resources
02/02/12  Senate: Reported from Agriculture, Conservation and Natural Resources with substitite (14-Y 1-N)
02/02/12  Senate: Committee substitute printed 12105049D-S1
02/06/12  Senate: Constitutional reading dispensed (40-Y 0-N)
02/07/12  Senate: Read second time
02/07/12  Senate: Reading of substitute waived
02/07/12  Senate: Committee substitute agreed to 12105049D-S1
02/07/12  Senate: Engrossed by Senate - committee substitute SB77S1
02/08/12  Senate: Read third time and passed Senate (39-Y 0-N)
02/13/12  House: Placed on Calendar
02/13/12  House: Read first time
02/13/12  House: Referred to Committee on Agriculture, Chesapeake and Natural Resources
02/22/12  House: Reported from Agriculture, Chesapeake and Natural Resources with substitute (22-Y 0-N)
02/22/12  House: Committee substitute printed 12105436D-H1
02/23/12  House: Read second time
02/24/12  House: Read third time
02/24/12  House: Committee substitute agreed to 12105436D-H1
02/24/12  House: Engrossed by House as amended
02/24/12  House: Passed House with substitute BLOCK VOTE (98-Y 0- N)
02/24/12  House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
02/28/12  Senate: House substitute agreed to by Senate (40-Y 0-N)
02/28/12  Senate: Title replaced 12105436D-H1
03/02/12  Senate: Enrolled
03/02/12  Senate: Bill text as passed Senate and House (SB77ER)
03/02/12  House: Signed by Speaker
03/05/12  Senate: Signed by President
04/09/12  Senate: Governor's recommendation received by Senate
04/17/12  Senate: Placed on Calendar
04/18/12  Senate: Senate concurred in Governor's recommendation (40-Y 0-N)
04/18/12  House: House concurred in Governor's recommendation (91-Y 0-N)
04/18/12  House: VOTE: ADOPTION (91-Y 0-N)
04/18/12  Governor: Governor's recommendation adopted
04/18/12  Senate: Reenrolled
04/18/12  Senate: Reenrolled bill text (SB77ER2)
04/18/12  Senate: Signed by President as reenrolled
04/18/12  House: Signed by Speaker as reenrolled
04/18/12  House: Enacted, Chapter 808 (effective 7/1/12)
04/18/12  Governor: Acts of Assembly Chapter text (CHAP0808)