Commonwealth of Virginia Innovation Partnership Authority; created. (SB576)

Introduced By

Sen. Janet Howell (D-Reston)

Progress

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

Description

Research and development in the Commonwealth. Creates the Commonwealth of Virginia Innovation Partnership Authority (the Authority) to oversee and support research, development, and commercialization, as well as related investment and seed-stage funding, in the Commonwealth. The Authority is governed by an 11-member Board, consisting of the Secretary of Commerce and Trade, six nonlegislative members appointed by the Governor, and four nonlegislative citizen members appointed by the Joint Rules Committee. Existing grant, loan, and investment funds currently administered by the Innovation and Entrepreneurship Investment Authority and the Virginia Research Investment Committee, repealed under the bill, would be consolidated under the Authority, and the Authority would be responsible for developing an Innovation Index for the Commonwealth. The bill contains technical amendments. This bill is identical to HB 1017. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/07/2020Prefiled and ordered printed; offered 01/08/20 20103653D
01/07/2020Referred to Committee on Finance and Appropriations
01/23/2020Impact statement from DPB (SB576)
02/04/2020Reported from Finance and Appropriations with substitute (16-Y 0-N) (see vote tally)
02/04/2020Committee substitute printed 20107606D-S1
02/05/2020Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/06/2020Read second time
02/06/2020Reading of substitute waived
02/06/2020Committee substitute agreed to 20107606D-S1
02/06/2020Engrossed by Senate - committee substitute SB576S1
02/06/2020Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/06/2020Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/10/2020Impact statement from DPB (SB576S1)
02/13/2020Placed on Calendar
02/13/2020Read first time
02/13/2020Referred to Committee on Appropriations
02/13/2020Assigned App. sub: Commerce Agriculture & Natural Resources
02/19/2020House subcommittee amendments and substitutes offered
02/19/2020Subcommittee recommends reporting with substitute (7-Y 0-N)
02/21/2020House committee, floor amendments and substitutes offered
02/21/2020Reported from Appropriations with substitute (22-Y 0-N) (see vote tally)
02/21/2020Committee substitute printed 20108586D-H1
02/25/2020Read second time
02/26/2020Read third time
02/26/2020Committee substitute agreed to 20108586D-H1
02/26/2020Engrossed by House - committee substitute SB576H1
02/26/2020Passed House with substitute (95-Y 4-N)
02/26/2020VOTE: Passage (95-Y 4-N) (see vote tally)
02/28/2020House substitute rejected by Senate (0-Y 38-N) (see vote tally)
03/02/2020House insisted on substitute
03/02/2020House requested conference committee
03/03/2020Senate acceded to request (40-Y 0-N) (see vote tally)
03/03/2020Conferees appointed by Senate
03/03/2020Senators: Howell, Barker, Vogel
03/05/2020Conferees appointed by House
03/05/2020Delegates: Sickles, Ayala, Austin
03/07/2020C Amended by conference committee
03/07/2020Conference substitute printed 20109833D-S2
03/07/2020Conference report agreed to by Senate (39-Y 0-N) (see vote tally)
03/08/2020Conference report agreed to by House (88-Y 7-N)
03/08/2020VOTE: Adoption (88-Y 7-N) (see vote tally)
03/16/2020Impact statement from DPB (SB576S2)
03/18/2020Bill text as passed Senate and House (SB576ER)
03/18/2020Enrolled
03/18/2020Signed by President
03/19/2020Signed by Speaker
03/20/2020Enrolled Bill Communicated to Governor on March 20, 2020
03/20/2020G Governor's Action Deadline 11:59 p.m., April 11, 2020
03/26/2020Impact statement from DPB (SB576ER)
04/11/2020G Approved by Governor-Chapter 1169 (effective - see bill)
04/11/2020G Acts of Assembly Chapter text (CHAP1169)