Economic Development Access Program; bonded projects. (HB1973)

Introduced By

Del. Israel O'Quinn (R-Bristol) with support from 11 copatrons, whose average partisan position is:

Those copatrons are Del. Terry Austin (R-Buchanan), Del. Jeff Campbell (R-Marion), Del. Peter Farrell (R-Henrico), Del. Todd Gilbert (R-Woodstock), Del. Keith Hodges (R-Urbanna), Del. Terry Kilgore (R-Gate City), Del. Chris Peace (R-Mechanicsville), Del. Nick Rush (R-Christiansburg), Del. Joseph Yost (R-Blacksburg), Sen. Chris Head (R-Roanoke), Sen. Todd E. Pillion (R-Abingdon)

Progress

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

Description

Economic Development Access Program; bonded projects.Imposes a 36-month moratorium on the repayment of funds allocated to a locality for a bonded project pursuant to the Economic Development Access Program. The bill contains an emergency clause. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/10/2017Committee
01/10/2017Prefiled and ordered printed with emergency clause; offered 01/13/16 17102699D
01/10/2017Referred to Committee on Counties, Cities and Towns
01/16/2017Assigned CC & T sub: Subcommittee #1
01/25/2017Subcommittee recommends reporting with amendment (9-Y 0-N)
01/27/2017Reported from Counties, Cities and Towns with amendment (21-Y 0-N)
01/27/2017Reported from Counties, Cities and Towns with amendments (21-Y 0-N) (see vote tally)
01/30/2017Impact statement from DPB (HB1973)
01/30/2017Read first time
01/31/2017Passed by for the day
02/01/2017Read second time
02/01/2017Committee amendments agreed to
02/01/2017Engrossed by House as amended HB1973E
02/01/2017Printed as engrossed 17102699D-E
02/02/2017Read third time and passed House BLOCK VOTE (95-Y 0-N)
02/02/2017VOTE: BLOCK VOTE PASSAGE (95-Y 0-N) (see vote tally)
02/03/2017Constitutional reading dispensed
02/03/2017Referred to Committee on Local Government
02/14/2017Reported from Local Government with amendment (13-Y 0-N) (see vote tally)
02/16/2017Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/17/2017Read third time
02/17/2017Reading of amendment waived
02/17/2017Committee amendment agreed to
02/17/2017Engrossed by Senate as amended
02/17/2017Passed Senate with amendment (40-Y 0-N) (see vote tally)
02/21/2017Placed on Calendar
02/21/2017Senate amendment agreed to by House (96-Y 0-N)
02/21/2017VOTE: ADOPTION EMERGENCY (96-Y 0-N) (see vote tally)
02/24/2017Enrolled
02/24/2017Bill text as passed House and Senate (HB1973ER)
02/24/2017Signed by Speaker
02/24/2017Signed by President
02/28/2017Enrolled Bill communicated to Governor on 2/28/17
02/28/2017G Governor's Action Deadline Midnight, March 27, 2017
03/02/2017Impact statement from DPB (HB1973ER)
03/16/2017G Approved by Governor-Chapter 531 (effective 3/16/17)
03/16/2017G Acts of Assembly Chapter text (CHAP0531)

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.

Transcript

This is a transcript of the video clips in which this bill is discussed.



Del. Patrick Hope (D-Arlington): THIS IS A JUST A SLOGAN AND NOT A POLICY. I HOPE YOU WILL REJECT THE BILL

Del. Bill Howell (R-Fredericksburg): THE GENTLEMAN HAS THE FLOOR

Del. Israel O'Quinn (R-Bristol): CONSUMERS AREN'T ASKING FOR THIS? MR. SPEAKER, CONSUMERS ARE BEGGING FOR THIS. CONSUMERS ARE BEGGING FOR COMPETITION AND CHOICE IN THE MARKETPLACE TO HELP LOWER COSTS AND GIVE THEM OPTIONS BECAUSE WHAT WHAT WE HAVE NOW IN NOT WORKING. YOU WILL SEE ACTION FROM THE FEDERAL LEVEL VERY SOON. THIS IS ONE OF THE MAIN TOP THREE CHANGES THAT THEY ARE GOING TO IMPLEMENT. AND THE QUESTION IS WILL VIRGINIA BE READY? THIS BILL REQUIRES THAT OUT-OF-STATE PLANS HAVE TO REGISTER WITH THE FCC AND PROVE A FOUND FINANCIAL MISSION AND MARKETING STANDARDS AND UNFAIR TRADE PACK TIPS AND MAKE SURE THEY ARE WITHIN CAPITAL AND SURPLUS REQUIREMENTS FOR LICENSURE TO MAKE SURE WHEN THIS DOES HAPPEN THAT IT WILL HAPPEN RIGHT AND IT WILL PROTECT VIRGINIA CONSUMERS WHILE GIVING THEM THE CHOICE AND LOWER COSTS THAT THEY ARE DEMANDING FROM US RIGHT NOW. THANK YOU, MR. SPEAKER.

Del. Bill Howell (R-Fredericksburg): SHALL THE BILL PASS? THE CLERK WILL CLOSE THE ROLL.

[Unknown]: AYES 66, NOS 32