Thursday, July 24, 2008
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Tracking Virginia’s General Assembly
since 2007.

Search 2008 Bills:

SB1209: Economic Development Partnership; manufacturer to receive payments, Investment Performance Grants.

Chief Patron

Sen. Emmett Hanger (R-24)

Emmett Hanger (R-24)
Served: 1996–

Progress

Yes Introduced
Passed Committee
Yes Passed House
Yes Passed Senate
Yes Signed by Governor
Yes Became Law

Status

03/15/2007: signed by governor

View Entire History

Summary

Virginia Economic Development Partnership; Virginia Investment Performance Grants.  Allows an eligible manufacturer or research and development service to begin receiving incentive payments under the Virginia Investment Performance Grants subfund in the third year instead of the fourth year. In addition, the bill allows such payments to be made in the second year instead of the third year for distressed areas.

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