Tobacco Indemnification & Community Revitalization Fund; investments in Va. Venture Capital Accts. (SB1658)

Introduced By

Sen. Ben Chafin (R-Lebanon)

Progress

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

Description

Tobacco Indemnification and Community Revitalization Fund; investments in Virginia Venture Capital Accounts. Authorizes the Tobacco Region Revitalization Commission (the Commission) to invest up to 10 percent of its annual disbursements from the Tobacco Indemnification and Community Revitalization Fund in Virginia venture capital accounts that have been certified by the Department of Taxation. Amends § 3.2-3103, § 3.2-3108, of the Code of Virginia. Read the Bill »

Status

01/09/2019: Awaiting a Vote in the Finance Committee

History

DateAction
01/09/2019Presented and ordered printed 19104403D
01/09/2019Referred to Committee on Finance

Post a Public Comment About this Bill



if you have one


(Limited HTML is OK: <a>, <em>, <strong>, <s>)