VA HB1969 | 2017 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 6-0)
Status: Passed on March 3 2017 - 100% progression
Action: 2017-03-03 - Governor: Acts of Assembly Chapter text (CHAP0264)
Text: Latest bill text (Chaptered) [HTML]

Summary

Small Business Jobs Grant Fund Program. Reduces from 50 percent to 35 percent the minimum percentage of revenues that a small business must derive from out-of-state sources in order to be eligible for grants from the Small Business Jobs Grant Fund Program. The bill reduces from $100,000 to $50,000 the minimum new capital investment that a company is required to make to be eligible for assistance under the Program. Finally, the bill changes the definition of small business for purposes of the Program from a company that has 250 or fewer employees to one that has 50 or fewer employees in its base year and average annual gross receipts of $3 million or less averaged over the previous 24-month period.

Tracking Information

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Title

Small Business Jobs Grant Fund Program; reduces minimum percentage of revenues.

Sponsors


Roll Calls

2017-02-16 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2017-02-16 - Senate - Senate: Reconsideration of Senate passage agreed to by Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2017-02-16 - Senate - Senate: Passed Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2017-02-15 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2017-02-13 - Senate - Senate: Reported from General Laws and Technology (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2017-01-30 - House - House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (Y: 98 N: 0 NV: 1 Abs: 0) [PASS]
2017-01-24 - House - House: Reported from General Laws with amendment (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2017-01-19 - House - House: Subcommittee recommends reporting with amendment (7-Y 0-N) (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]
2017-01-19 - House - House: Subcommittee recommends reporting with amendment (7-Y 0-N) (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2017-03-03 Governor: Acts of Assembly Chapter text (CHAP0264)
2017-03-03 Governor: Approved by Governor-Chapter 264 (effective 7/1/17)
2017-02-21 Governor: Governor's Action Deadline Midnight, March 27, 2017
2017-02-21HouseEnrolled Bill communicated to Governor on 2/21/17
2017-02-21SenateSigned by President
2017-02-20HouseSigned by Speaker
2017-02-20HouseBill text as passed House and Senate (HB1969ER)
2017-02-20HouseEnrolled
2017-02-16SenatePassed Senate (40-Y 0-N)
2017-02-16SenateReconsideration of Senate passage agreed to by Senate (40-Y 0-N)
2017-02-16SenatePassed Senate (39-Y 0-N)
2017-02-16SenateRead third time
2017-02-15SenateConstitutional reading dispensed (40-Y 0-N)
2017-02-13SenateReported from General Laws and Technology (15-Y 0-N)
2017-01-31SenateReferred to Committee on General Laws and Technology
2017-01-31SenateConstitutional reading dispensed
2017-01-30HouseVOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
2017-01-30HouseRead third time and passed House BLOCK VOTE (98-Y 0-N)
2017-01-27HousePrinted as engrossed 17100307D-E
2017-01-27HouseEngrossed by House as amended HB1969E
2017-01-27HouseCommittee amendment agreed to
2017-01-27HouseRead second time
2017-01-26HouseRead first time
2017-01-24HouseReported from General Laws with amendment (22-Y 0-N)
2017-01-19HouseSubcommittee recommends reporting with amendment (7-Y 0-N)
2017-01-16HouseAssigned GL sub: Subcommittee #4
2017-01-10HouseReferred to Committee on General Laws
2017-01-10HousePrefiled and ordered printed; offered 01/11/17 17100307D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
221611(n/a)See Bill Text
221615(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+sum+HB1969
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+HB1969+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+HB1969E+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+HB1969ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+CHAP0264+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+H1104V0010+HB1969
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+H1104V0027+HB1969
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+H11V0049+HB1969
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+HV1695+HB1969
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+S12V0155+HB1969
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+SV0554HB1969+HB1969
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+SV0597HB1969+HB1969
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+SV0598HB1969+HB1969
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+SV0599HB1969+HB1969

Bill Comments

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