Governor's Development Opportunity Fund; criteria for awarding grants and loans. (HB380)

Introduced By

Del. James Edmunds (R-South Boston) with support from 13 copatrons, whose average partisan position is:

Progress

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

Description

Governor's Development Opportunity Fund; criteria for awarding grants and loans. Provides that criteria to be used in awarding grants and loans from the Governor's Development Opportunity Fund shall include (i) job creation, (ii) private capital investment, and (iii) anticipated additional state tax revenue expected to accrue to the state and affected localities as a result of the capital investment and jobs created. Amends § 2.2-115 (“Governor\u2019s Development Opportunity Fund.”), of the Code of Virginia. View Full Text »

Outcome

Bill Has Passed
View Bill's History