Enterprise Zone Grant Program; zones limited in county/city to an aggregate of 10 square miles. (HB1740)

Introduced By

Del. Keith Hodges (R-Urbanna)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Enterprise Zone Grant Program. Changes the Enterprise Zone Grant Program by (i) limiting enterprise zones in each county and city to an aggregate of 10 square miles; (ii) allowing the Department of Housing and Community Development to add a contiguous locality to an existing joint enterprise zone consisting of four or more localities, provided that all localities have submitted resolutions supporting the new joint enterprise zone and applications for redesignation of the enterprise zone; and (iii) providing that if appropriations are insufficient to pay all persons making real property investments in an enterprise zone, then the initial allocation to each county and city for the payment of all qualified investors will not exceed $1 million. Currently, the Department may add an area of a locality to an existing joint enterprise zone consisting of two localities if the area added is contiguous to the existing zone and includes a revenue-sharing district that has experienced the loss of 900 permanent full-time positions in a 12-month period. If allocations are insufficient to pay all qualified zone investors in full, grants are currently allocated among all investors in a proportional manner regardless of the county or city of location. Read the Bill »


Bill Has Failed


01/12/2015Prefiled and ordered printed; offered 01/14/15 15102170D
01/12/2015Referred to Committee on Appropriations
01/20/2015Impact statement from DPB (HB1740)
01/21/2015Assigned App. sub: Agriculture, Commerce, Technology and Natural Resources
01/28/2015Subcommittee recommends striking from docket
02/10/2015Left in Appropriations