Resources Authority; additional powers. (HB2540)

Introduced By

Del. Scott Lingamfelter (R-Woodbridge) with support from co-patrons Del. Harvey Morgan (R-Gloucester), Del. Albert Pollard (D-Lively), Sen. John Cosgrove (R-Chesapeake), and Sen. Lynwood Lewis (D-Accomac)

Progress

✓	Introduced
✗	Passed Committee
✓	Passed House
☐	Passed Senate
☐	Signed by Governor
☐	Became Law

Description

Virginia Resources Authority's powers. Authorizes additional powers for the Authority. The additional powers include forming corporations, foundations, joint ventures, partnerships, trusts, or other legal entities and authorizing these legal entities to borrow money and issue bonds and notes. The Authority can provide financing and other funding to any of the entities. In addition, the Authority is given the responsibility to assist in coordinating federal, state, regional, and local public and private efforts, economic stimuli, and resources. Read the Bill »

Outcome

Bill Has Failed

History

Date	Action
01/19/2009	Committee
01/19/2009	Presented and ordered printed 092236600
01/19/2009	Referred to Committee on Agriculture, Chesapeake and Natural Resources
01/27/2009	Impact statement from DPB (HB2540)
01/28/2009	Reported from Agriculture, Chesapeake and Natural Resources with amendment (22-Y 0-N) (see vote tally)
01/29/2009	Read first time
01/30/2009	Read second time
01/30/2009	Committee amendment agreed to
01/30/2009	Engrossed by House as amended HB2540E
01/30/2009	Printed as engrossed 092236600-E
02/02/2009	Read third time and passed House BLOCK VOTE (97-Y 0-N)
02/02/2009	VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (see vote tally)
02/02/2009	Reconsideration of passage agreed to by House
02/02/2009	Passed House BLOCK VOTE (98-Y 0-N)
02/02/2009	VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
02/03/2009	Constitutional reading dispensed
02/03/2009	Referred to Committee on Agriculture, Conservation and Natural Resources
02/04/2009	Impact statement from DPB (HB2540E)
02/09/2009	Reported from Agriculture, Conservation and Natural Resources (15-Y 0-N) (see vote tally)
02/09/2009	Rereferred to Finance
02/19/2009	Left in Finance

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 55 seconds.

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