VA HB1870 | 2011 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 9-0)
Status: Introduced on January 11 2011 - 25% progression, died in committee
Action: 2011-02-08 - House: Left in General Laws
Pending: House General Laws Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Virginia Economic Development Partnership Authority; reports by businesses receiving development subsidies. Requires any business entity that receives a development subsidy to file an annual report with the granting agency or the Authority no later than 60 days before the end of the fiscal year during which the development subsidy was received. The bill sets out the requirements for the annual report. The bill defines development subsidy as any expenditure of public funds with a value of at least $25,000 expended for the purposes of stimulating economic development and job creation in the Commonwealth, and including bonds, grants, loan guarantees, fee waivers, price subsidies, tax abatement, tax exemptions, or tax credits.

Tracking Information

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Title

VEDPA; reports by businesses receiving development subsidies.

Sponsors


History

DateChamberAction
2011-02-08 House: Left in General Laws
2011-01-25 House: Subcommittee recommends laying on the table by voice vote
2011-01-17 House: Assigned GL sub: #4 Professions/Occupations and Administrative Process
2011-01-11 House: Referred to Committee on General Laws
2011-01-11 House: Prefiled and ordered printed; offered 01/12/11 11103626D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
222240.3(n/a)See Bill Text

Virginia State Sources


Bill Comments

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