Public-Private Acts of 1995 and 2002; certain grant agreements. (SB181)

Introduced By

Sen. Walter Stosch (R-Glen Allen)

Progress

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

Description

Agreements under the Public-Private Transportation Act of 1995 and the Public-Private Education Facilities and Infrastructure Act of 2002. Authorizes state agencies and state authorities, upon the approval of the Governor, to enter into agreements with private entities under the Public-Private Transportation Act of 1995 and the Public-Private Education Facilities and Infrastructure Act of 2002 for the development of a project by the private entity, which agreements provide for the private entity to be paid grants from a portion of the growth in state taxes and fees attributable to the development of the project.

The bill also would allow local governments, agencies, and authorities, upon the approval of the governing body of the locality, to join in the agreement entered into between the private entity and the state agency or state authority. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2010Prefiled and ordered printed; offered 01/13/10 10103817D
01/11/2010Referred to Committee on Finance
02/02/2010Committee substitute printed 10104811D-S1
02/02/2010Reported from Finance with substitute (8-Y 6-N 1-A) (see vote tally)
02/03/2010Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/04/2010Read second time
02/04/2010Reading of substitute waived
02/04/2010Committee substitute agreed to 10104811D-S1
02/04/2010Motion to recommit to committee agreed to
02/04/2010Recommitted to Finance
02/08/2010Impact statement from DPB (SB181S1)
02/11/2010Failed to report (defeated) in Finance (6-Y 8-N) (see vote tally)

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 1 minute.