Tech Talent Investment Program and Fund; created, report. (HB2490)

Introduced By

Del. Nick Rush (R-Christiansburg) with support from co-patron Del. Chris Jones (R-Suffolk)

Progress

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

Description

Tech Talent Investment Program. Creates a grant program to assist qualified public institutions of higher education, defined in the bill, in reaching, by 2039, a goal of increasing by at least 25,000 degrees the number of bachelor's and master's degrees awarded in computer science, computer engineering, and closely related fields, or that otherwise align with traded-sector, technology-focused growth opportunities identified by the Virginia Economic Development Partnership Authority. To be eligible for an annual grant, a qualified institution is required to enter into a memorandum of understanding setting forth specific criteria for eligible degrees, eligible expenses, degree production goals, and graduation rates. Failure to meet criteria would result in the adjustment of future awards. The bill requires qualified institutions that are grant recipients to report annually on progress towards meeting such goals and that grants issued pursuant to the program are subject to appropriation, and for the Secretary of Finance to report annually regarding the progress of each qualified institution in meeting its goals and the amount of grants awarded to such institution. This bill is identical to SB 1617. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/09/2019Committee
01/09/2019Prefiled and ordered printed; offered 01/09/19 19102503D
01/09/2019Referred to Committee on Appropriations
01/21/2019Impact statement from DPB (HB2490)
01/28/2019Assigned App. sub: Special Subcommittee on Amazon
01/29/2019House subcommittee amendments and substitutes offered
01/29/2019Subcommittee recommends reporting with substitute (5-Y 0-N)
01/30/2019House committee, floor amendments and substitutes offered
01/30/2019Reported from Appropriations with substitute (22-Y 0-N) (see vote tally)
01/30/2019Committee substitute printed 19105488D-H1
02/01/2019Read first time
02/04/2019Read second time
02/04/2019Committee substitute agreed to 19105488D-H1
02/04/2019Engrossed by House - committee substitute HB2490H1
02/05/2019Read third time and passed House (92-Y 5-N)
02/05/2019VOTE: PASSAGE (92-Y 5-N) (see vote tally)
02/06/2019Constitutional reading dispensed
02/06/2019Referred to Committee on Finance
02/07/2019Impact statement from DPB (HB2490H1)
02/13/2019Reported from Finance with substitute (16-Y 0-N) (see vote tally)
02/13/2019Committee substitute printed 19106603D-S1
02/14/2019Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/15/2019Read third time
02/15/2019Reading of substitute waived
02/15/2019Committee substitute agreed to 19106603D-S1
02/15/2019Engrossed by Senate - committee substitute HB2490S1
02/15/2019Passed Senate with substitute (39-Y 0-N) (see vote tally)
02/19/2019Placed on Calendar
02/19/2019Senate substitute rejected by House 19106603D-S1 (4-Y 94-N)
02/19/2019VOTE: REJECTED (4-Y 94-N) (see vote tally)
02/19/2019Impact statement from DPB (HB2490S1)
02/20/2019Senate insisted on substitute (40-Y 0-N) (see vote tally)
02/20/2019Senate requested conference committee
02/21/2019House acceded to request
02/21/2019Conferees appointed by House
02/21/2019Delegates: Rush, Jones, S.C., Sickles
02/21/2019Conferees appointed by Senate
02/21/2019Senators: Ruff, Saslaw, Dunnavant
02/23/2019C Amended by conference committee
02/23/2019Conference substitute printed 19107704D-H2
02/23/2019Conference report agreed to by Senate (40-Y 0-N) (see vote tally)
02/23/2019Conference report agreed to by House (95-Y 2-N)
02/23/2019VOTE: ADOPTION (95-Y 2-N) (see vote tally)
02/28/2019Impact statement from DPB (HB2490H2)
03/07/2019Enrolled
03/07/2019Bill text as passed House and Senate (HB2490ER)
03/07/2019Signed by Speaker
03/08/2019Impact statement from DPB (HB2490ER)
03/09/2019Signed by President
03/11/2019Enrolled Bill communicated to Governor on March 11, 2019
03/11/2019G Governor's Action Deadline Midnight, March 26, 2019
03/19/2019G Approved by Governor-Chapter 638 (effective 7/1/19)
03/19/2019G Acts of Assembly Chapter text (CHAP0638)

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