VA HB846 | 2016 | Regular Session

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 21-12)
Status: Passed on May 16 2016 - 100% progression
Action: 2016-05-16 - Governor: Acts of Assembly Chapter text (CHAP0777)
Text: Latest bill text (Chaptered) [HTML]

Summary

Virginia Collaborative Economic Development Act. Creates the Virginia Collaborative Economic Development Performance Grant Fund (the Fund). The Fund will be administered by the Go Virginia Board. Two or more localities that collaborate and adopt a collaborative economic development plan will be eligible for grants from the Fund over a period of six years if the collaboration results in the location or expansion of a company in the Commonwealth that (i) creates at least 200 new jobs with average salaries at least equal to the average wage and (ii) makes a capital investment of at least $25 million. The total amount of the grant applied for shall not exceed 50 percent of the total investment of the localities in executing the collaborative economic development plan, and each annual installment of the grant may not exceed 45 percent of the total annual amount of personal income tax withheld by the certified company from the newly created jobs. Upon making a written finding of significant fiscal distress in or extraordinary economic opportunity for the participating localities, the Go Virginia Board may lower the job and capital investment requirements to no fewer than 25 new jobs and no less than $1 million in capital investment and may award up to 100 percent of the total investment of the localities. No grants shall be awarded absent a subsequent enactment of the General Assembly authorizing the award of the grants, and the grant program will sunset on July 1, 2026.

Tracking Information

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Title

Virginia Collaborative Economic Development Act; established, sunset provision.

Sponsors


Roll Calls

2016-04-20 - Senate - Senate: Passed Senate (34-Y 5-N) (Y: 34 N: 5 NV: 0 Abs: 0) [PASS]
2016-04-20 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 0) [PASS]
2016-04-20 - Senate - Senate: Reported from Finance (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2016-04-20 - House - House: VOTE: PASSAGE #2 (88-Y 9-N) (Y: 89 N: 11 NV: 3 Abs: 0) [PASS]
2016-04-20 - House - House: VOTE: PASSAGE (87-Y 10-N) (Y: 88 N: 12 NV: 3 Abs: 0) [PASS]
2016-04-20 - House - House: VOTE: AGREE TO (98-Y 0-N) (Y: 101 N: 0 NV: 2 Abs: 0) [PASS]
2016-04-20 - House - House: VOTE: Not specific & severable (98-Y 0-N) (Y: 101 N: 0 NV: 2 Abs: 0) [PASS]
2016-03-11 - House - House: VOTE: ADOPTION (89-Y 8-N) (Y: 91 N: 9 NV: 3 Abs: 0) [PASS]
2016-03-11 - Senate - Senate: Conference report agreed to by Senate (35-Y 1-N) (Y: 35 N: 1 NV: 4 Abs: 0) [PASS]
2016-03-10 - Senate - Senate: Senate insisted on substitute (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-03-09 - House - House: VOTE: REJECTED (1-Y 98-N) (Y: 1 N: 101 NV: 1 Abs: 0) [FAIL]
2016-03-08 - Senate - Senate: Passed Senate with substitute (36-Y 2-N) (Y: 36 N: 2 NV: 2 Abs: 0) [PASS]
2016-03-08 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-03-07 - Senate - Senate: Reported from Finance with substitute (12-Y 0-N) (Y: 12 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-09 - House - House: VOTE: PASSAGE (93-Y 5-N 1-A) (Y: 95 N: 5 NV: 1 Abs: 2) [PASS]
2016-02-03 - House - House: Reported from Appropriations with substitute (20-Y 0-N) (Y: 20 N: 0 NV: 2 Abs: 0) [PASS]
2016-02-03 - House - House: Subcommittee recommends reporting with amendment(s) (7-Y 0-N) (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2016-05-16 Governor: Acts of Assembly Chapter text (CHAP0777)
2016-05-16HouseBill text as passed House and Senate reprinted (HB846ER2)
2016-05-16 Governor: Approved by Governor-Chapter 777 (effective 7/1/16)
2016-04-20HouseReenrolled bill text (HB846ER2)
2016-04-20 Governor: Governor's Action Deadline Midnight, Friday, May 20, 2016
2016-04-20HouseCommunicated to Governor
2016-04-20SenateSigned by President as reenrolled
2016-04-20HouseSigned by Speaker as reenrolled
2016-04-20HouseReenrolled
2016-04-20SenatePassed Senate (34-Y 5-N)
2016-04-20SenateConstitutional reading dispensed (39-Y 0-N)
2016-04-20SenateRead second time
2016-04-20SenateReported from Finance (15-Y 0-N)
2016-04-20SenateReferred to Committee on Finance
2016-04-20SenateConstitutional reading dispensed
2016-04-20HouseVOTE: PASSAGE #2 (88-Y 9-N)
2016-04-20HousePassed House (88-Y 9-N)
2016-04-20HouseReconsideration of passage agreed to by House
2016-04-20HouseVOTE: PASSAGE (87-Y 10-N)
2016-04-20HousePassed House (87-Y 10-N)
2016-04-20HouseReengrossed by House - floor substitute HB846H4
2016-04-20HouseSubstitute by Delegate Hugo agreed to 16106507D-H4
2016-04-20HouseVOTE: AGREE TO (98-Y 0-N)
2016-04-20HouseConstitutional readings dispensed (98-Y 0-N)
2016-04-20HouseVOTE: Not specific & severable (98-Y 0-N)
2016-04-20HouseMotion that Governor recommendation is not specific and severable agreed to 98-Y 0-N)
2016-04-20HouseFloor substitute printed 16106507D-H4 (Hugo)
2016-04-20HousePlaced on Calendar
2016-04-08HouseGovernor's substitute printed 16106481D-H3
2016-04-08HouseGovernor's recommendation received by House
2016-03-28 Governor: Governor's Action Deadline Midnight, Sunday, April 10, 2016
2016-03-28HouseEnrolled Bill communicated to Governor on 3/28/16
2016-03-28SenateSigned by President
2016-03-25HouseSigned by Speaker
2016-03-25HouseBill text as passed House and Senate (HB846ER)
2016-03-25HouseEnrolled
2016-03-11HouseVOTE: ADOPTION (89-Y 8-N)
2016-03-11HouseConference report agreed to by House (89-Y 8-N)
2016-03-11SenateConference report agreed to by Senate (35-Y 1-N)
2016-03-11HouseConference substitute printed 16106374D-H2
2016-03-11 Conference: Amended by conference committee
2016-03-10SenateSenators: Ruff, Saslaw, Hanger
2016-03-10SenateConferees appointed by Senate
2016-03-10HouseDelegates: Hugo, Jones, James
2016-03-10HouseConferees appointed by House
2016-03-10SenateSenate requested conference committee
2016-03-10SenateSenate insisted on substitute (40-Y 0-N)
2016-03-09HouseVOTE: REJECTED (1-Y 98-N)
2016-03-09HouseSenate substitute rejected by House 16106211D-S1 (1-Y 98-N)
2016-03-09HousePlaced on Calendar
2016-03-08SenatePassed Senate with substitute (36-Y 2-N)
2016-03-08SenateEngrossed by Senate - committee substitute HB846S1
2016-03-08SenateCommittee substitute agreed to 16106211D-S1
2016-03-08SenateReading of substitute waived
2016-03-08SenateConstitutional reading dispensed (40-Y 0-N)
2016-03-08SenateRead second time
2016-03-07SenateCommittee substitute printed 16106211D-S1
2016-03-07SenateReported from Finance with substitute (12-Y 0-N)
2016-02-10SenateReferred to Committee on Finance
2016-02-10SenateConstitutional reading dispensed
2016-02-09HouseVOTE: PASSAGE (93-Y 5-N 1-A)
2016-02-09HouseRead third time and passed House (93-Y 5-N 1-A)
2016-02-08HouseEngrossed by House - committee substitute HB846H1
2016-02-08HouseCommittee substitute agreed to 16105102D-H1
2016-02-08HouseRead second time
2016-02-05HouseRead first time
2016-02-03HouseCommittee substitute printed 16105102D-H1
2016-02-03HouseReported from Appropriations with substitute (20-Y 0-N)
2016-02-03HouseSubcommittee recommends reporting with amendment(s) (7-Y 0-N)
2016-01-15HouseAssigned App. sub: Agriculture, Commerce, Technology and Natural Resources
2016-01-12HouseReferred to Committee on Appropriations
2016-01-12HousePrefiled and ordered printed; offered 01/13/16 16102377D

Same As/Similar To

SB459 (Same As) 2016-05-16 - Governor: Acts of Assembly Chapter text (CHAP0776)

Code Citations

ChapterArticleSectionCitation TypeStatute Text
225105(n/a)See Bill Text
225108(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+sum+HB846
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB846+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB846H1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB846S1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB846H2+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB846ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB846H3+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB846H4+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB846ER2+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+CHAP0777+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+H0203V0004+HB0846
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+H02V0006+HB0846
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+HV0381+HB0846
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+S05V0264+HB0846
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+SV0940HB0846+HB0846
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+SV0941HB0846+HB0846
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+HV1290+HB0846
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+SV1003HB0846+HB0846
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+SV1111HB0846+HB0846
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+HV1375+HB0846
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+HV1424+HB0846
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+HV1425+HB0846
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+HV1426+HB0846
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+HV1427+HB0846
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+S05V0271+HB0846
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+SV1189HB0846+HB0846
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+SV1190HB0846+HB0846

Bill Comments

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