Retail Small Business Grant Program and Fund; created. (HB476)

Introduced By

Del. Kathleen Murphy (D-McLean) with support from co-patrons Del. Nadarius Clark (D-Portsmouth), Del. Shelly Simonds (D-Newport News), and Del. Suhas Subramanyam (D-Sterling)

Progress

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

Description

Retail Small Business Grant Program and Fund. Establishes the Retail Small Business Grant Program and Fund to support existing Virginia small businesses, attract new businesses, increase the Commonwealth's tax base, create new job opportunities for Virginia residents, and enhance commercial activity in Virginia. The bill provides that an eligible Virginia small business, defined in the bill, is eligible for grants of up to $50,000. The total amount of grants awarded in a fiscal year is capped at $10 million. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2022Committee
01/11/2022Prefiled and ordered printed; offered 01/12/22 22103217D
01/11/2022Referred to Committee on Commerce and Energy
01/31/2022Assigned sub: Subcommittee #1
01/31/2022Impact statement from DPB (HB476)
02/01/2022House subcommittee amendments and substitutes offered
02/01/2022Subcommittee failed to recommend reporting (3-Y 4-N)
02/01/2022Subcommittee recommends referring to Committee on Appropriations
02/15/2022Left in Commerce and Energy

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