Investment Partnership Act; amends definition of 'eligible company.' (HB2673)

Introduced By

Del. Lacey Putney (I-Bedford) with support from co-patron Del. Bob Purkey (R-Virginia Beach)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Virginia Investment Partnership Act; definitions. Amends the definition of "eligible company" by adding that a company may create or cause to be created 300 jobs with average salaries at least 100 percent greater than the Prevailing Average Wage to be eligible for performance grants under the Virginia Investment Partnership Act. Currently a company would have to create or cause to be created 400 jobs with average salaries at least 50 percent greater than the Prevailing Average Wage. The bill also has an emergency clause. Read the Bill »


Bill Has Passed


02/04/2009Introduced at the request of Governor
02/04/2009Presented and ordered printed with emergency clause 098843802
02/04/2009Referred to Committee on Appropriations
02/06/2009Impact statement from DPB (HB2673)
02/06/2009Reported from Appropriations (23-Y 0-N) (see vote tally)
02/08/2009Read first time
02/09/2009Read second time
02/09/2009Passed by temporarily
02/09/2009Engrossed by House
02/10/2009Read third time and passed House (96-Y 0-N 3-A)
02/10/2009VOTE: --- PASSAGE EMERGENCY (96-Y 0-N 3-A) (see vote tally)
02/11/2009Constitutional reading dispensed
02/11/2009Referred to Committee on Finance
02/17/2009Reported from Finance (16-Y 0-N) (see vote tally)
02/18/2009Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/19/2009Read third time
02/19/2009Passed Senate (40-Y 0-N) (see vote tally)
02/24/2009Bill text as passed House and Senate (HB2673ER)
02/25/2009Signed by Speaker
02/27/2009Signed by President
03/03/2009Impact statement from DPB (HB2673ER)
03/06/2009G Approved by Governor-Chapter 151 (effective 3/6/09)
03/06/2009G Acts of Assembly Chapter text (CHAP0151)


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 1 minute.

Duplicate Bills

The following bills are identical to this one: SB1548.