Commonwealth's Development Opportunity Fund; grants, waiver or reduction of capital investment. (SB1418)

Introduced By

Sen. Jeremy McPike (D-Dale City)

Progress

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

Description

Grants from the Commonwealth's Development Opportunity Fund; waiver or reduction of capital investment and local match requirement. Provides that, for grants from the Commonwealth's Development Opportunity Fund, capital investment and local match requirements may be reduced or waived based on the creation of telework jobs that pay an average wage of at least 1.2 times the Virginia minimum wage. Read the Bill »

Status

05/17/2021: Awaiting a Vote in the General Laws Committee

History

DateAction
01/13/2021Presented and ordered printed 21102436D
01/13/2021Referred to Committee on General Laws and Technology
01/19/2021Impact statement from DPB (SB1418)
01/27/2021Reported from General Laws and Technology (12-Y 0-N 1-A) (see vote tally)
01/27/2021Rereferred to Finance and Appropriations
02/03/2021Senate committee, floor amendments and substitutes offered
02/03/2021Reported from Finance and Appropriations with substitute (15-Y 0-N) (see vote tally)
02/03/2021Committee substitute printed 21104295D-S1
02/03/2021Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/04/2021Read second time
02/04/2021Reading of substitute waived
02/04/2021Committee substitute agreed to 21104295D-S1
02/04/2021Engrossed by Senate - committee substitute SB1418S1
02/05/2021Impact statement from DPB (SB1418S1)
02/05/2021Read third time and passed Senate (38-Y 0-N) (see vote tally)
02/07/2021Placed on Calendar
02/07/2021Read first time
02/07/2021Referred to Committee on General Laws
02/08/2021Continued to Special Session 1 in General Laws
02/09/2021Assigned GL sub: Professions/Occupations and Administrative Process
02/11/2021Subcommittee recommends reporting (7-Y 1-N)
02/16/2021Reported from General Laws (20-Y 1-N) (see vote tally)
02/18/2021Read second time
02/19/2021Read third time
02/19/2021Passed House (92-Y 8-N)
02/19/2021VOTE: Passage (92-Y 8-N)
02/24/2021Enrolled
02/24/2021Bill text as passed Senate and House (SB1418ER)
02/24/2021Impact statement from DPB (SB1418ER)
02/24/2021Signed by President
02/25/2021Signed by Speaker
02/26/2021Enrolled Bill Communicated to Governor on February 26, 2021
02/26/2021G Governor's Action Deadline 11:59 p.m., March 31, 2021
03/25/2021G Approved by Governor-Chapter 386 (effective 7/1/21)
03/25/2021G Acts of Assembly Chapter text (CHAP0386)

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