HB2468: Governor's Development Opportunity Fund; adjusts eligibility for grants or loans.
Chief Patron
Del.
Danny Marshall (R-14)
Danny Marshall
(R-14)
Danville, VA
Served: 2002–
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Status
03/20/2007: signed by governor
View Entire History
- 01/09/2007 Prefiled and ordered printed with emergency clause; offered 01/10/07 07155710"
HB2468"
- 01/09/2007 Prefiled and ordered printed with emergency clause; offered 01/10/07 071557103
- 01/09/2007 Prefiled and ordered printed; offered 01/10/07 071557103
- 01/09/2007 Referred to Committee on General Laws
- 01/12/2007 Assigned GL sub: #4 Prof./Occup./Admin. (Cosgrove)
- 01/18/2007 Impact statement from DPB (HB2468)
- 02/02/2007 Committee substitute printed 071596392-H1
- 02/03/2007 Read first time
- 02/05/2007 Read second time
- 02/05/2007 Committee substitute agreed to 071596392-H1
- 02/05/2007 Engrossed by House - committee substitute HB2468H1
- 02/06/2007 Read third time and passed House BLOCK VOTE (99-Y 0-N)
- 02/06/2007 Communicated to Senate
- 02/07/2007 Constitutional reading dispensed
- 02/07/2007 Referred to Committee on General Laws and Technology
- 02/08/2007 Impact statement from DPB (HB2468H1)
- 02/14/2007 Reported from General Laws and Technology with substitute (14-Y 0-N) (see vote tally)
- 02/15/2007 Committee substitute printed 072799392-S1
- 02/16/2007 Constitutional reading dispensed (39-Y 0-N)
- 02/16/2007 VOTE: (39-Y 0-N) (see vote tally)
- 02/19/2007 Read third time
- 02/19/2007 Reading of substitute waived
- 02/19/2007 Committee substitute agreed to 072799392-S1
- 02/19/2007 Engrossed by Senate - committee substitute HB2468S1
- 02/19/2007 Passed Senate with substitute (40-Y 0-N)
- 02/19/2007 VOTE: (40-Y 0-N) (see vote tally)
- 02/20/2007 Placed on Calendar
- 02/21/2007 Senate substitute agreed to by House (87-Y 9-N)
- 02/21/2007 VOTE: ADOPTION (87-Y 9-N) (see vote tally)
- 03/07/2007 Enrolled
- 03/07/2007 Bill text as passed House and Senate (HB2468ER)
- 03/07/2007 Signed by Speaker
- 03/08/2007 Signed by President
- 03/14/2007 Impact statement from DPB (HB2468ER)
- 03/20/2007 G Approved by Governor-Chapter 654 (effective 7/1/07)
- 04/05/2007 G Acts of Assembly Chapter text (CHAP0654)
Summary
Governor's Development Opportunity Fund.
Adjusts eligibility for grants or loans from the Governor's Development
Opportunity Fund for projects that are in a city or county located
in a Metropolitan or Micripolitan Service Area whose annual average
unemployment rate for the most recent calendar year is one and a half
times or more the state average. In such cases, the minimum amount
of private investment is lowered from $10,000,000 to $7,500,000 and
the number of new jobs that must be created from 100 to 75. For localities
with a population between 50,000 and 100,000 the minimums are lowered
from $5,000,000 in private investment to $3,500,000 and from 50 new
jobs to 35. For localities with less than 50,000 in population, minimums
are lowered from $2,500,000 in private investment to $1,500,000 and
from 25 new jobs to 15.
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Sunday, July 20, 2008