Wednesday, July 9, 2008
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Tracking Virginia’s General Assembly
since 2007.

Search 2008 Bills:

SB957: Portsmouth Port and Industrial Commission.

Chief Patron

Sen. Fred Quayle (R-13)

Fred Quayle (R-13)
Served: 1992–

Progress

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

Status

03/12/2007: signed by governor

View Entire History

Summary

Portsmouth Port and Industrial Commission.  Grants authority to the Commission to (i) provide financing by leasing, selling or making loans for facilities for an organization granted tax-exempt status under § 501(c)(3) of the Internal Revenue Code; and (ii) charge conduit borrowers an administrative fee upon the issuance of the Commission's bonds and notes.

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Bill Text

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