VA HB1358 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 11 2018 - 25% progression, died in committee
Action: 2018-02-13 - Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Commonwealth's Development Opportunity Fund; criteria for awarding grants and loans. Changes the criteria for awarding funds from the Commonwealth's Development Opportunity Fund (the Fund) to include a fiscally stressed locality with an above average or high score as evidenced by the Commission on Local Government Fiscal Stress Index. The bill awards no less than one-third of the moneys appropriated to the Fund in every five-year period to counties and cities that apply for funding and are experiencing above average or high fiscal stress as evidenced by the Commission on Local Government Fiscal Stress Index. Currently, the law awards one-third of the moneys appropriated to the Fund in every five-year period based on unemployment rates of cities and counties.

Tracking Information

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Title

Commonwealth's Development Opportunity Fund; criteria for awarding grants and loans.

Sponsors


Roll Calls

2018-02-07 - House - House: Subcommittee recommends striking from docket (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2018-02-13HouseLeft in Appropriations
2018-02-07HouseSubcommittee recommends striking from docket (8-Y 0-N)
2018-01-19HouseAssigned App. sub: Commerce, Agriculture, Natural Resources & Technology
2018-01-11HouseReferred to Committee on Appropriations
2018-01-11HousePresented and ordered printed 18103462D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
22115(n/a)See Bill Text

Virginia State Sources


Bill Comments

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