Economic development entities; extension of performance agreements. (HB2643)

Introduced By

Del. Don Merricks (R-Danville) with support from co-patrons Del. Anne Crockett-Stark (R-Wytheville), Del. Danny Marshall (R-Danville), and Del. Dave Nutter (R-Christiansburg)

Progress

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

Description

Economic development; extension of performance agreements. Authorizes state and local economic development entities, upon the agreement of the parties, to extend for a period not to exceed two years any performance agreement. The bill defines performance agreement. The bill contains a sunset date of July 1, 2011. View Full Text »

Outcome

Bill Has Passed
View Bill's History