Commonwealth of Virginia Research Consortium Authority; created. (HB2550)

Introduced By

Del. Chris Jones (R-Suffolk) with support from co-patron Del. Mark Sickles (D-Alexandria)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Research and development in the Commonwealth. Creates the Commonwealth of Virginia Research Consortium Authority (the Consortium) to oversee and support research and commercialization in the Commonwealth. The Consortium will be advised by an Investment Advisory Committee and a Research and Technology Advisory Committee. Existing grant, loan, and investment funds currently administered by the Innovation and Entrepreneurship Investment Authority and the Virginia Research Investment Committee would be consolidated under the Consortium, and the Consortium would be responsible for the Commonwealth Research and Technology Strategic Roadmap. The Consortium would also be responsible for allocating research-related funds to the Virginia Biosciences Health Research Consortium and the Commonwealth Center for Advanced Manufacturing. The bill repeals the existing Virginia Research Investment Committee and the Innovation and Entrepreneurship Investment Authority. The Center for Innovative Technology would move under the authority of the Consortium. A stakeholder group would be appointed to oversee the transition to the Consortium, and the Governor would be authorized to appoint an interim chief executive officer of the Consortium based upon the recommendations of the stakeholder group. Read the Bill »


02/14/2019: Passed the Senate


01/09/2019Prefiled and ordered printed; offered 01/09/19 19102428D
01/09/2019Referred to Committee on Appropriations
01/15/2019Assigned App. sub: Commerce, Agriculture, Natural Resources & Technology
01/30/2019House subcommittee amendments and substitutes offered
01/30/2019Subcommittee recommends reporting with substitute (8-Y 0-N)
01/31/2019Impact statement from DPB (HB2550)
02/01/2019House committee, floor amendments and substitutes offered
02/01/2019Reported from Appropriations with substitute (21-Y 0-N) (see vote tally)
02/01/2019Committee substitute printed 19106313D-H1
02/03/2019Read first time
02/04/2019Read second time
02/04/2019Committee substitute agreed to 19106313D-H1
02/04/2019Engrossed by House - committee substitute HB2550H1
02/05/2019Read third time and passed House BLOCK VOTE (99-Y 0-N)
02/05/2019VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
02/06/2019Constitutional reading dispensed
02/06/2019Referred to Committee on Finance
02/12/2019Reported from Finance with substitute (15-Y 0-N) (see vote tally)
02/12/2019Committee substitute printed 19106829D-S1
02/13/2019Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/14/2019Passed Senate with substitute
02/14/2019Passed Senate (40-Y 0-N) (see vote tally)
02/14/2019Read third time
02/14/2019Reading of substitute waived
02/14/2019Committee substitute agreed to 19106829D-S1
02/14/2019Engrossed by Senate - committee substitute HB2550S1
02/14/2019Passed Senate with substitute (40-Y 0-N) (see vote tally)
02/18/2019Placed on Calendar
02/18/2019Senate substitute rejected by House 19106829D-S1 (0-Y 98-N)
02/18/2019VOTE: REJECTED (0-Y 98-N) (see vote tally)
02/19/2019Senate insisted on substitute (40-Y 0-N) (see vote tally)
02/19/2019Senate requested conference committee
02/19/2019Impact statement from DPB (HB2550S1)
02/20/2019House acceded to request
02/20/2019Conferees appointed by House
02/20/2019Delegates: Jones, S.C., Knight, Torian
02/21/2019Conferees appointed by Senate
02/21/2019Senators: Howell, Ruff, Hanger
02/24/2019No further action taken
02/24/2019Failed to pass in House