Small Business Investment Grant Fund; recapture of awards. (HB2347)
Introduced By
Del. Charniele Herring (D-Alexandria)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Small Business Investment Grant Fund; recapture of awards. Provides that if an eligible investor is awarded a grant from the Small Business Investment Grant Fund and the small business in which the investment was made (i) relocates outside of the Commonwealth within two years of the award of the grant or (ii) closes within two years of the award of the grant as a result of a criminal conviction on the part of any officer, director, manager, or general partner of such business relating to his involvement with the business, such investor shall forfeit the grant and refund such moneys to the Virginia Small Business Financing Authority. The bill also advances the starting date for an eligible investor to receive a grant from July 1, 2016, to July 1, 2019, and advances the end date for receiving such a grant from January 1, 2019, to January 1, 2022. Read the Bill »
Outcome
History
| Date | Action |
|---|---|
| 01/08/2019 | Committee |
| 01/08/2019 | Prefiled and ordered printed; offered 01/09/19 19102988D |
| 01/08/2019 | Referred to Committee on Appropriations |
| 01/14/2019 | Assigned App. sub: Commerce, Agriculture, Natural Resources & Technology |
| 01/16/2019 | House subcommittee amendments and substitutes offered |
| 01/16/2019 | Subcommittee recommends reporting with amendments (8-Y 0-N) |
| 01/21/2019 | Impact statement from DPB (HB2347) |
| 01/21/2019 | House committee, floor amendments and substitutes offered |
| 01/21/2019 | Reported from Appropriations with amendments (21-Y 0-N) (see vote tally) |
| 01/23/2019 | Read first time |
| 01/24/2019 | Read second time |
| 01/24/2019 | Committee amendments agreed to |
| 01/24/2019 | Engrossed by House as amended HB2347E |
| 01/24/2019 | Printed as engrossed 19102988D-E |
| 01/25/2019 | Read third time and passed House BLOCK VOTE (97-Y 0-N) |
| 01/25/2019 | VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (see vote tally) |
| 01/28/2019 | Constitutional reading dispensed |
| 01/28/2019 | Referred to Committee on Finance |
| 01/29/2019 | Impact statement from DPB (HB2347E) |
| 02/05/2019 | Reported from Finance (13-Y 0-N) (see vote tally) |
| 02/06/2019 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
| 02/07/2019 | Read third time and passed Senate (40-Y 0-N) (see vote tally) |
| 02/07/2019 | Read third time |
| 02/07/2019 | Passed Senate (40-Y 0-N) (see vote tally) |
| 02/11/2019 | Enrolled |
| 02/11/2019 | Bill text as passed House and Senate (HB2347ER) |
| 02/11/2019 | Impact statement from DPB (HB2347ER) |
| 02/11/2019 | Signed by Speaker |
| 02/11/2019 | Signed by President |
| 02/12/2019 | G Governor's Action Deadline Midnight, February 18, 2019 |
| 02/12/2019 | Enrolled Bill communicated to Governor on February 12, 2019 |
| 02/12/2019 | G Governor's Action Deadline Midnight, February 19, 2019 |
| 02/19/2019 | G Approved by Governor-Chapter 35 (effective 7/1/19) |
| 02/19/2019 | G Acts of Assembly Chapter text (CHAP0035) |