Virginia Economic Development Partnership Authority; Chief Executive Officer, powers and duties. (HB2199)

Introduced By

Del. Terry Kilgore (R-Gate City)

Progress

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

Description

Virginia Economic Development Partnership Authority; Chief Executive Officer; powers and duties. Requires the Chief Executive Officer (CEO) of the Virginia Economic Development Partnership Authority (the Authority) to develop a comprehensive operational plan for the Authority, including, at a minimum, the following components: (i) a plan for coordination with all state agencies administering economic development incentive programs to ensure that such programs consistently achieve maximum effectiveness, (ii) the results of the most recent survey of all economic development partners assessing the effectiveness of the Authority's coordination with nonstate economic development organizations and the alignment of the Authority's strategic plan with economic development partners, and (iii) an evaluation of grant incentive awards programs administered by the Authority. The initial plan must be submitted by December 1, 2017, to the Authority's Board for review and approval. After approval, the CEO must report quarterly to the Board regarding the status of the implementation of the plan. In addition, the bill changes the membership requirements of the Board by removing the conditions that the Governor's appointees represent the state's congressional districts and changing the appointments of legislative appointees from membership at large to requirements for general areas of expertise. The bill changes all terms from six to four years and provides for the 12 citizen members appointed by the Governor to be re-staggered beginning in 2017. The bill also (a) provides for the Secretary of Commerce and Trade to serve as the chairman of the Authority's Board, (b) establishes the Division of Grant Administration within the Authority, (c) creates an Office of Internal Audit, and (d) provides for the Authority to staff the Governor's cabinet-level committee assisting the Secretary of Commerce and Trade in developing the state's comprehensive economic development strategy. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2017Committee
01/11/2017Prefiled and ordered printed; offered 01/11/17 17103639D
01/11/2017Referred to Committee on Appropriations
01/16/2017Assigned App. sub: Commerce, Agriculture, Natural Resources and Technology
02/01/2017Subcommittee recommends laying on the table
02/08/2017Left in Appropriations