VEDP; required provisions in economic development agreements. (HB593)

Introduced By

Del. Don Merricks (R-Danville)

Progress

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

Description

Economic development; Virginia Economic Development Partnership Authority; required provisions in economic development agreements.  Requires the Virginia Economic Development Partnership Authority and any locality to include in an economic development agreement a provision requiring the business beneficiary to give Virginia persons, firms, or corporations the opportunity to participate in the procurement of any goods, services, or construction that is or will be solicited by the business entity. Any such procurement shall be based on competitive principles and shall in each instance seek competition to the maximum practical degree. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/10/2012Committee
01/10/2012Prefiled and ordered printed; offered 01/11/12 12100266D
01/10/2012Referred to Committee on General Laws
01/27/2012Assigned GL sub: #4 Professions/Occupations and Administrative Process
01/31/2012Subcommittee recommends continuing to 2013
02/02/2012Continued to 2013 in General Laws