Virginia House Bill 169 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2012 - 25% progression, died in committee
Action: 2012-02-20 - House: Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]

State enterprise zone designations. Provides that an area for which state enterprise zone designation is sought would be required to meet one of the following: (i) have 25 percent or more of the population with incomes below 80 percent of the median income of the jurisdiction; (ii) have an unemployment rate 1.5 times the state average; or (iii) have a demonstrated floor area vacancy rate of industrial and/or commercial properties of 20 percent or more. The criteria would replace the current criteria that considers locality-wide need as demonstrated by (a) the average unemployment rate for the locality over the most recent three-year period; (b) the average median adjusted gross income for the locality over the most recent three-year period; and (c) the average percentage of public school students within the locality receiving free or reduced price lunches over the most recent three-year period.

Enterprise zones; criteria for designation.

Sen. John Cosgrove [R]

Date	Chamber	Action
2012-02-20		House: Left in Appropriations
2012-02-02		House: Subcommittee recommends laying on the table by voice vote
2012-01-16		House: Assigned App. sub: Economic Development, Agriculture and Natural Resources
2012-01-09		House: Referred to Committee on Appropriations
2012-01-09		House: Prefiled and ordered printed; offered 01/11/12 12100693D

Chapter	Article	Section	Citation Type	Statute Text
59	1	540	(n/a)	See Bill Text
59	1	542	(n/a)	See Bill Text
59	1	545	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?121+sum+HB169
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+HB169+hil