Tobacco Indemnification & Community Revitalization Fund; investments in Va. venture capital accts. (HB709)

Introduced By

Del. Nick Rush (R-Christiansburg)

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 to invest up to 10 percent of the available balance from the taxable portion of the Tobacco Indemnification and Community Revitalization Fund as of July 1, 2020, in Virginia venture capital accounts that have been certified by the Department of Taxation. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/06/2020Committee
01/06/2020Prefiled and ordered printed; offered 01/08/20 20102577D
01/06/2020Referred to Committee on Agriculture, Chesapeake and Natural Resources
01/14/2020Assigned ACNR sub: Agriculture
01/29/2020Subcommittee recommends laying on the table (8-Y 0-N)
02/11/2020Left in Agriculture, Chesapeake and Natural Resources

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