Local tax and regulatory incentives; green development zones. (HB1565)
Introduced By
Del. Michael Webert (R-Marshall) with support from co-patron Del. Mark Keam (D-Vienna)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Local tax and regulatory incentives; green development zones. Authorizes localities to create green development zones that provide certain tax incentives and regulatory flexibility for up to 10 years to a business operating in an energy-efficient building or to a business that produces products used to reduce negative impact on the environment. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/01/2017 | Committee |
01/01/2017 | Prefiled and ordered printed; offered 01/11/17 17100063D |
01/01/2017 | Referred to Committee on Finance |
01/13/2017 | Assigned Finance sub: Subcommittee #1 |
01/15/2017 | Impact statement from TAX (HB1565) |
01/18/2017 | Subcommittee recommends reporting (8-Y 2-N) |
01/23/2017 | Reported from Finance (19-Y 3-N) (see vote tally) |
01/24/2017 | Read first time |
01/25/2017 | Read second time |
01/25/2017 | Amendment by Delegate Webert agreed to |
01/25/2017 | Engrossed by House as amended HB1565E |
01/25/2017 | Printed as engrossed 17100063D-E |
01/26/2017 | Read third time and passed House (79-Y 20-N) |
01/26/2017 | VOTE: PASSAGE (79-Y 20-N) (see vote tally) |
01/27/2017 | Constitutional reading dispensed |
01/27/2017 | Referred to Committee on Finance |
02/03/2017 | Impact statement from TAX (HB1565E) |
02/07/2017 | Reported from Finance (15-Y 0-N) (see vote tally) |
02/08/2017 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/09/2017 | Read third time |
02/09/2017 | Passed by temporarily |
02/09/2017 | Passed Senate (33-Y 6-N) (see vote tally) |
02/13/2017 | Enrolled |
02/13/2017 | Bill text as passed House and Senate (HB1565ER) |
02/13/2017 | Signed by Speaker |
02/13/2017 | Signed by President |
02/14/2017 | Enrolled Bill communicated to Governor on 2/14/17 |
02/14/2017 | G Governor's Action Deadline Midnight, February 21, 2017 |
02/14/2017 | Impact statement from TAX (HB1565ER) |
02/17/2017 | G Approved by Governor-Chapter 27 (effective 7/1/17) |
02/17/2017 | G Acts of Assembly Chapter text (CHAP0027) |
Video
This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 3 clips in all, totaling 2 minutes.
Transcript
This is a transcript of the video clips in which this bill is discussed.
I YIELD. THE GENTLEMAN YIELDS. THANK YOU. DOES THE GENTLEMAN ACCEPT THE PREMISE THAT MEMBERS OF THE MILITARY HAVE REEMPLOYMENT RIGHTS, IF THEY HAVE EMPLOYMENT IN VIRGINIA WHEN THEY COME BACK FROM DEPLOYMENT? MR. SPEAKER, I WOULD CONCEDE THAT THEY DO HAVE REEMPLOYMENT RIGHTS FOR THEIR JOBS AND THEIR PROFESSIONS, ABSOLUTELY. THE WOULD GENTLEMAN YIELD FOR ANOTHER QUESTION? DOES THE GENTLEMAN YIELD? HAPPY TO YIELD. HE YIELDS. HOPE TO MAKE HIM HAPPY.Del. Bill Howell (R-Fredericksburg): THE CIRCUMSTANCE HERE IS THAT, BECAUSE YOU HAVE TO AT LEAST NOMINATE TWO PER THE AMENDMENT OF THE GENTLEMAN FROM VIRGINIA BEACH, HE COULD PUT THREE, FOUR, FIVE, WHATEVER, BECAUSE YOU HAVE TO NOMINATE MORE THAN ONE, IS IT NOT CORRECT TO STATE THAT YOU'RE NOT PICKING YOUR SUCCESSOR; YOU'RE PUTTING INDIVIDUALS OUT THERE, THE DECISION BEING MADE BY THE
[Unknown]: HOUSE SCHOOL THE WARM WELCOME OF THE SENATE. (APPLAUSE). THE SENATOR FROM SPOTSYLVANIA, SENATOR REEVES.
Sen. Bryce Reeves (R-Spotsylvania): THANK YOU, MR. PRESIDENT, I RISE FOR AN PRODUCTION.
[Unknown]: SENATOR PLAS THE -- HAS THE FLOOR.
Sen. Bryce Reeves (R-Spotsylvania): MR. PRESIDENT AND THE BODY, IT'S A PLEASURE TO INTRODUCE SOMEBODY WHO HAS BEEN AROUND MY OFFICE THIS WHOLE SESSION, AND SOME FOLKS ARE WONDERING WHY, BECAUSE MS. VIRGINIA JORDAN OF ORANGE COUNTY IS A GRADUATE OF UVA, DISTINGUISHED ATTORNEY IN HER OWN RIGHT, COUNTLESS COMMITTEES AND EVERYTHING ELSE, BUT SHE TOOK THIS SESSION, MR. PRESIDENT, TO REALLY COME
Comments
I support this bill. As the owner of multiple small businesses I can say that such incentives will have an impact on where I locate and how my business operates. "Green" industries are a rapidly expanding segment of our nation's economy and state/local government should be to empowered to attract such businesses to this state. Finally, I'm a sucker for any bill containing the words "tax incentive" and "regulatory flexibility".