Enterprise Zone Grant Program; preference for allocating grant funds. (HB555)

Introduced By

Del. Danny Marshall (R-Danville) with support from co-patrons Del. Ward Armstrong (D-Martinsville), Del. Anne Crockett-Stark (R-Wytheville), Del. Todd Gilbert (R-Woodstock), Del. John O'Bannon (R-Richmond), and Del. Tommy Wright (R-Victoria)

Progress

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

Description

Enterprise Zone Grant Program; preference for allocating grant funds.  Changes the eligibility for enterprise zone job grants in areas with an unemployment rate that is one and one-half times or more than the state average to positions paying at least 150 percent of the federal minimum wage including health benefits. Currently positions paying less than 175 percent of the federal minimum wage are not eligible for the job grants. In addition, the bill provides that when the sum of grants for job creation and real property investment exceeds the total annual appropriation for payments, allocations shall be prioritized to fully fund the grants for job creation with any remaining funds to be allocated to the real property investment grants. Amends § 59.1-547, § 59.1-549, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/12/2010Committee
01/12/2010Prefiled and ordered printed; offered 01/13/10 10103710D
01/12/2010Referred to Committee on Appropriations
01/19/2010Assigned App. sub: Economic Development, Agriculture and Natural Resources
02/01/2010Impact statement from DPB (HB555)
02/04/2010Subcommittee recommends no action
02/11/2010Subcommittee recommends reporting with amendment(s) (8-Y 0-N)
02/12/2010Reported from Appropriations with substitute (21-Y 0-N) (see vote tally)
02/12/2010Committee substitute printed 10105389D-H1
02/14/2010Read first time
02/15/2010Read second time
02/15/2010Committee substitute agreed to 10105389D-H1
02/15/2010Engrossed by House - committee substitute HB555H1
02/16/2010Read third time and passed House BLOCK VOTE (99-Y 0-N)
02/16/2010VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
02/17/2010Constitutional reading dispensed
02/17/2010Referred to Committee on Finance
02/18/2010Impact statement from DPB (HB555H1)
03/02/2010Reported from Finance (14-Y 0-N) (see vote tally)
03/03/2010Constitutional reading dispensed (40-Y 0-N) (see vote tally)
03/04/2010Read third time
03/04/2010Passed Senate (40-Y 0-N) (see vote tally)
03/11/2010Enrolled
03/11/2010Bill text as passed House and Senate (HB555ER)
03/11/2010Signed by Speaker
03/13/2010Signed by President
03/30/2010Impact statement from DPB (HB555ER)
04/10/2010G Approved by Governor-Chapter 328 (effective 7/1/10)
04/10/2010G Acts of Assembly Chapter text (CHAP0328)

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 2 minutes.