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
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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 |
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 »

