Virginia Business Ready Sites Acquisition Fund and Program; created. (HB1842)
Introduced By
Del. Barry Knight (R-Virginia Beach) with support from co-patron Del. Kim Taylor (R-Dinwiddie)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
✓ |
Became Law |
Description
Economic development; Virginia Business Ready Sites Acquisition Fund and Program. Creates the Virginia Business Ready Sites Acquisition Program for the purposes of (i) acquiring sites for the purpose of creating and maintaining a portfolio of project-ready sites to promote economic development in the Commonwealth, (ii) developing such sites to increase their marketability, and (iii) entering into development agreements with private employers for large-scale economic development projects. The Virginia Economic Development Partnership Authority shall administer the Program, in consultation with the Department of General Services. The bill requires Program activities to be reviewed by the MEI Project Approval Commission (the Commission), who shall review proposals for site acquisitions, site development activities, and development agreements with private employers and determine whether the proposals are consistent with the objective of the Program. If the Commission issues a negative finding, it shall communicate such finding to the Governor and to the General Assembly, and the Authority shall not implement the proposal unless the proposal, either in its original or revised form, is authorized by the General Assembly at its next session and enacted into law. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/10/2023 | Committee |
01/10/2023 | Prefiled and ordered printed; offered 01/11/23 23100999D |
01/10/2023 | Referred to Committee on Appropriations |
01/13/2023 | Assigned App. sub: Commerce Agriculture & Natural Resources |
01/18/2023 | House committee, floor amendments and substitutes offered |
01/18/2023 | Reported from Appropriations with substitute (22-Y 0-N) (see vote tally) |
01/18/2023 | Committee substitute printed 23104746D-H1 |
01/20/2023 | Read first time |
01/23/2023 | Read second time |
01/23/2023 | Committee substitute agreed to 23104746D-H1 |
01/23/2023 | Engrossed by House - committee substitute HB1842H1 |
01/24/2023 | Read third time and passed House (97-Y 3-N) |
01/24/2023 | VOTE: (97-Y 3-N) (see vote tally) |
01/25/2023 | Constitutional reading dispensed |
01/25/2023 | Referred to Committee on Finance and Appropriations |
02/03/2023 | Impact statement from DPB (HB1842H1) |
02/20/2023 | Senate committee, floor amendments and substitutes offered |
02/20/2023 | Reported from Finance and Appropriations with substitute (15-Y 1-N) (see vote tally) |
02/20/2023 | Committee substitute printed 23107245D-S1 |
02/21/2023 | Impact statement from DPB (HB1842S1) |
02/21/2023 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/22/2023 | Read third time |
02/22/2023 | Passed by for the day |
02/23/2023 | Floor substitute printed 23107381D-S2 (Barker) |
02/23/2023 | Read third time |
02/23/2023 | Finance and Appropriations Committee substitute rejected 23107245D-S1 |
02/23/2023 | Reading of substitute waived |
02/23/2023 | Substitute by Senator Barker agreed to 23107381D-S2 |
02/23/2023 | Engrossed by Senate - floor substitute HB1842S2 |
02/23/2023 | Passed Senate with substitute (38-Y 1-N) (see vote tally) |
02/23/2023 | Reconsideration of Senate passage agreed to by Senate (40-Y 0-N) (see vote tally) |
02/23/2023 | Passed Senate with substitute (39-Y 1-N) (see vote tally) |
02/23/2023 | Senate substitute agreed to by House 23107381D-S2 (89-Y 2-N) |
02/23/2023 | VOTE: Adoption (89-Y 2-N) (see vote tally) |
03/03/2023 | Impact statement from DPB (HB1842S2) |
03/07/2023 | Enrolled |
03/07/2023 | Bill text as passed House and Senate (HB1842ER) |
03/07/2023 | Impact statement from DPB (HB1842ER) |
03/08/2023 | Signed by Speaker |
03/08/2023 | Signed by President |
03/13/2023 | Enrolled Bill communicated to Governor on March 13, 2023 |
03/13/2023 | G Governor's Action Deadline 11:59 p.m., March 27, 2023 |
03/27/2023 | Governor's recommendation received by House |
04/12/2023 | Placed on Calendar |
04/12/2023 | House concurred in Governor's recommendation (91-Y 4-N) |
04/12/2023 | VOTE: Adoption (91-Y 4-N) (see vote tally) |
04/12/2023 | Senate concurred in Governor's recommendation (40-Y 0-N) (see vote tally) |
04/12/2023 | G Governor's recommendation adopted |
04/12/2023 | Reenrolled |
04/12/2023 | Reenrolled bill text (HB1842ER2) |
04/12/2023 | Signed by Speaker as reenrolled |
04/12/2023 | Signed by President as reenrolled |
04/12/2023 | G Approved by Governor-Chapter 779 (effective 7/1/23) |
04/12/2023 | Enacted, Chapter 779 (effective 7/1/23) |
04/12/2023 | G Acts of Assembly Chapter text (CHAP0779) |
Comments
INstead of this VA should have lowered the corp tax rate.
VA 6% vs. NC at 2.5% and heading to 0
Guess who's going to be #1 for biz again soon?