Residential homes; bonds to fund grants for purchasers of newly constructed. (SB1430)

Introduced By

Sen. Walter Stosch (R-Glen Allen) with support from 10 copatrons, whose average partisan position is:

Those copatrons are Del. Frank Hall (D-Richmond), Del. Riley Ingram (R-Hopewell), Del. Jimmie Massie (R-Richmond), Del. Glenn Oder (R-Newport News), Sen. Emmett Hanger (R-Mount Solon), Sen. Don McEachin (D-Richmond), Sen. Richard Stuart (R-Westmoreland), Sen. Jill Holtzman Vogel (R-Winchester), Sen. Frank Wagner (R-Virginia Beach), Sen. John Watkins (R-Midlothian)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Grants to purchasers of newly constructed residential homes. Authorizes the issuance of $50 million in bonds to fund grants to individuals who purchase a principal residence in the Commonwealth that was first issued a certificate of occupancy on or after January 1, 2007, but before July 1, 2009. Eligible individuals would be individuals who had no present ownership in a principal residence within the last three years. The Virginia Housing Development Authority, in consultation with the Virginia Economic Development Partnership, would develop guidelines for purposes of determining eligible homebuyers and the amount of grant awards. Read the Bill »


Bill Has Failed


01/16/2009Presented and ordered printed 092866332
01/16/2009Referred to Committee on Commerce and Labor
02/02/2009Impact statement from DPB (SB1430)
02/02/2009Rereferred from Commerce and Labor (14-Y 0-N) (see vote tally)
02/02/2009Rereferred to Finance
02/05/2009Reported from Finance with substitute with amendments (15-Y 0-N)
02/05/2009Reported from Finance with substitute (15-Y 0-N) (see vote tally)
02/05/2009Committee substitute printed 092921332-S1
02/09/2009Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/10/2009Read second time
02/10/2009Reading of substitute waived
02/10/2009Committee substitute agreed to 092921332-S1
02/10/2009Engrossed by Senate - committee substitute SB1430S1
02/10/2009Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/10/2009Passed Senate (40-Y 0-N) (see vote tally)
02/13/2009Placed on Calendar
02/13/2009Read first time
02/13/2009Referred to Committee on General Laws
02/16/2009Assigned GL sub: Housing
02/17/2009Impact statement from DPB (SB1430S1)
02/18/2009Subcommittee recommends reporting and referring to Appropriations
02/19/2009Reported from General Laws (21-Y 0-N) (see vote tally)
02/19/2009Referred to Committee on Appropriations
02/20/2009Assigned App. sub: Capital Outlay (Ingram)
02/28/2009Left in Appropriations