Military centered community zones; localities may establish, by ordinance, one or more zones. (HB619)

Introduced By

Del. Cia Price (D-Newport News) with support from co-patron Del. Jackie Glass (D-Norfolk)

Progress

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

Description

Military centered community zones; local designation. Allows localities to establish, by ordinance, one or more military centered community zones, defined in the bill as a community that has a significant presence of military personnel living or working in the designated area and where such presence drives, or has the potential to drive, significant economic activity. The bill provides that a locality, or another political subdivision acting on behalf of the locality, may offer unique benefits to businesses looking to locate within a zone for the purpose of serving the needs of the military personnel, including reduction of certain fees and taxes. In addition, the bill provides that local governing bodies are authorized to enter into agreements for the payment of economic development incentive grants to such businesses. The bill also allows a governing body to provide for certain regulatory flexibility and incentives and provides that the establishment of a military centered community zone shall not preclude the area from also being designated as an enterprise zone or from receiving support under the Virginia Military Community Infrastructure Grant Program. This bill is identical to SB 343. Read the Bill »

Notes

The fiscal impact statement indicates that this legislation may have an unknown impact on local administrative costs but would not impact state costs. Localities may experience an unknown revenue impact as they would be enabled to offer tax incentives to businesses locating within the designated zones. The bill would have no impact on state revenues. The statement does not provide a specific cost estimate for the implementation of this legislation.

Summary generated automatically by OpenAI.

Outcome

Bill Has Passed

History

DateAction
01/09/2024Committee
01/09/2024Prefiled and ordered printed; offered 01/10/24 24104738D
01/09/2024Referred to Committee on Finance
01/22/2024Assigned Finance sub: Subcommittee #2
01/22/2024Impact statement from TAX (HB619)
01/24/2024Referred from Finance
01/24/2024Referred to Committee on Counties, Cities and Towns
01/30/2024Assigned CC & T sub: Subcommittee #1
02/02/2024House subcommittee amendments and substitutes offered
02/02/2024Subcommittee recommends reporting with amendment (6-Y 2-N)
02/02/2024Reported from Counties, Cities and Towns with amendment(s) (21-Y 1-N) (see vote tally)
02/06/2024Read first time
02/07/2024Read second time
02/07/2024Committee amendment agreed to
02/07/2024Engrossed by House as amended HB619E
02/07/2024Printed as engrossed 24104738D-E
02/08/2024Read third time and passed House (94-Y 2-N)
02/08/2024VOTE: Passage (94-Y 2-N) (see vote tally)
02/09/2024Constitutional reading dispensed
02/09/2024Referred to Committee on Finance and Appropriations
02/20/2024Impact statement from TAX (HB619E)
02/21/2024Reported from Finance and Appropriations (14-Y 0-N) (see vote tally)
02/22/2024Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/23/2024Read third time
02/23/2024Passed Senate (39-Y 0-N) (see vote tally)
02/28/2024Enrolled
02/28/2024Bill text as passed House and Senate (HB619ER)
02/28/2024Impact statement from TAX (HB619ER)
02/28/2024Signed by Speaker
03/02/2024Signed by President
03/11/2024Enrolled Bill communicated to Governor on March 11, 2024
03/11/2024G Governor's Action Deadline 11:59 p.m., April 8, 2024
04/02/2024G Approved by Governor-Chapter 298 (effective 7/1/24)
04/02/2024G Acts of Assembly Chapter text (CHAP0298)

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