Innovation and Entrepreneurship Investment Authority; created by merging. (SB1456)

Introduced By

Sen. Chap Petersen (D-Fairfax)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Oversight of research and development in the Commonwealth. Merges the Innovative Technology Authority (ITA), and the Virginia Research and Technology Advisory Commission into a single entity, named the Innovation and Entrepreneurship Investment Authority (IEIA). The IEIA will have 10 members as follows: three presidents of state institutions of higher education, the Secretary of Technology, and six nonlegislative citizen members representing the entrepreneurial, investment, and science and technology communities. The IEIA will continue the work of the ITA, with heightened responsibilities regarding the oversight of research and development efforts in the Commonwealth. Read the Bill »


Bill Has Passed


01/20/2009Presented and ordered printed 095991826
01/20/2009Referred to Committee on General Laws and Technology
02/02/2009Impact statement from DPB (SB1456)
02/04/2009Reported from General Laws and Technology (15-Y 0-N) (see vote tally)
02/04/2009Rereferred to Finance
02/05/2009Reported from Finance (15-Y 0-N) (see vote tally)
02/09/2009Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/10/2009Read second time and engrossed
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 Science and Technology
02/18/2009Committee substitute printed 095867293-H1
02/18/2009Reported from Science and Technology with substitute (21-Y 0-N) (see vote tally)
02/20/2009Read second time
02/23/2009Passed by for the day
02/24/2009Read third time
02/24/2009Committee substitute agreed to 095867293-H1
02/24/2009Engrossed by House - committee substitute SB1456H1
02/24/2009Passed House with substitute BLOCK VOTE (99-Y 0-N)
02/24/2009VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
02/25/2009House substitute agreed to by Senate (36-Y 0-N) (see vote tally)
02/25/2009Title replaced 095867293-H1
03/05/2009Impact statement from DPB (SB1456H1)
03/09/2009Bill text as passed Senate and House (SB1456ER)
03/10/2009Impact statement from DPB (SB1456ER)
03/10/2009Signed by President
03/11/2009Signed by Speaker
03/27/2009G Approved by Governor-Chapter 325 (effective 7/1/09)
03/27/2009G Acts of Assembly Chapter text (CHAP0325)