Governor's Development Opportunity Fund; political contributions and gifts, prohibited conduct. (HB247)

Introduced By

Sen. Scott Surovell (D-Mount Vernon)

Progress

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

Description

Political contributions and gifts; prohibition in connection with the Governor's Development Opportunity Fund. Provides that the Governor, his campaign committee, and any political action committee established on his behalf shall not knowingly solicit or accept a contribution, gift, or other item with a value greater than $50 from persons and entities seeking loans or grants from the Fund. The bill also restricts such gifts and contributions from persons and entities seeking loans or grants from the Fund. The restrictions apply only if the stated or expected value of the loan or grant is $500,000 or more. The bill provides that any violation shall result in a civil penalty of $500 or up to two times the amount of the contribution or gift, whichever is greater. Amends § 2.2-115, § 2.2-3104.01, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
12/29/2013Committee
12/29/2013Prefiled and ordered printed; offered 01/08/14 14100213D
12/29/2013Referred to Committee on Rules
01/14/2014Impact statement from DPB (HB247)
01/17/2014Referred from Rules
01/17/2014Referred to Committee for Courts of Justice
01/21/2014Assigned Courts sub: Ethics
01/23/2014Impact statement from DPB (HB247)
01/27/2014Subcommittee recommends laying on the table
02/12/2014Left in Courts of Justice