Enterprise zones; decreases percentage real property investment grants may be awarded. (HB3036)

Introduced By

Sen. Jennifer McClellan (D-Richmond) with support from co-patron Del. John O'Bannon (R-Richmond)

Progress

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

Description

Enterprise zone real property investment grants; mixed-use percentage. Changes from 30% to 20% the amount of floor space in a mixed-use building that must be devoted to commercial, office, or industrial use in an enterprise zone. The provisions of the bill would apply to properties placed in service on or after July 1, 2007. Amends § 59.1-548, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/10/2007Committee
01/10/2007Presented and ordered printed 073137312
01/10/2007Referred to Committee on Finance
01/11/2007Presented and ordered printed 073137312
01/11/2007Referred to Committee on Finance
01/18/2007Assigned Finance sub: #2 (Ware, R.L.)
01/25/2007Impact statement from DPB (HB3036)