VA SB1440 | 2015 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 23 2015 - 100% progression
Action: 2015-03-23 - Governor: Acts of Assembly Chapter text (CHAP0433)
Text: Latest bill text (Chaptered) [HTML]

Summary

Tobacco Indemnification and Community Revitalization Commission; financial viability and feasibility study prior to disbursement; Virginia Tobacco Region Revolving Fund. Renames the Tobacco Indemnification and Community Revitalization Commission as the Tobacco Region Revitalization Commission (the Commission) and requires it to contract with a manager to oversee Commission loans, grants, and other distributions of money. The bill requires the manager to provide a written report on the financial viability and feasibility of any such distribution and prohibits the Commission from making the distribution until its viability and feasibility have received recommendations from the manager. The bill eliminates future appointments of three nonlegislative citizen members and requires 13 of the remaining 28 Commission members to have experience in particular fields. The bill requires the Commission to (i) adopt policies governing the Tobacco Region Opportunity Fund; (ii) require a dollar-for-dollar match from entities receiving grants; (iii) make no distribution to a tobacco-dependent community solely based on the historical production of tobacco; (iv) require each project to have an accountability matrix, provide a set of quantified outcome expectations and other figures, and demonstrate how it will address low employment levels or other indicators; (v) develop a strategic plan every two years; and (vi) establish a public database of awards. The bill also establishes the Virginia Tobacco Region Revolving Fund (the Fund), the assets of which are to be used to make loans to local governments for the financing of any project. The bill empowers the Virginia Resources Authority (the Authority) to administer the Fund, pledge assets of the Fund as security for bonds issued to finance a project, sell or collect on loans made from the Fund, and, in accordance with a memorandum of agreement with the Commission, establish the rates and terms of loans. The bill directs the Commission, in conjunction with the Authority, to make an annual report to the General Assembly and the Governor on all loans made from the Fund.

Tracking Information

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Title

Tobacco Region Revitalization Commission; financial viability & feasibility.

Sponsors


Roll Calls

2015-02-27 - Senate - Senate: Conference report agreed to by Senate (37-Y 0-N) (Y: 37 N: 0 NV: 3 Abs: 0) [PASS]
2015-02-27 - House - House: VOTE: ADOPTION (98-Y 0-N) (Y: 100 N: 0 NV: 2 Abs: 0) [PASS]
2015-02-26 - Senate - Senate: Senate acceded to request (37-Y 0-N) (Y: 37 N: 0 NV: 3 Abs: 0) [PASS]
2015-02-24 - Senate - Senate: House substitute with amendments rejected by Senate (1-Y 38-N) (Y: 1 N: 38 NV: 1 Abs: 0) [FAIL]
2015-02-20 - House - House: VOTE: PASSAGE (93-Y 2-N) (Y: 95 N: 2 NV: 5 Abs: 0) [PASS]
2015-02-18 - House - House: Reported from Agriculture, Chesapeake and Natural Resources with substitute (21-Y 1-N) (Y: 21 N: 1 NV: 0 Abs: 0) [PASS]
2015-02-10 - Senate - Senate: Passed Senate (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2015-02-10 - Senate - Senate: Constitutional reading dispensed (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2015-02-09 - Senate - Senate: Constitutional reading dispensed (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2015-02-05 - Senate - Senate: Reported from Agriculture, Conservation and Natural Resources with substitite (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2015-03-23 Governor: Acts of Assembly Chapter text (CHAP0433)
2015-03-23 Governor: Approved by Governor-Chapter 433 (effective 7/1/15)
2015-03-10 Governor: Governor's Action Deadline Midnight, Sunday, March 29, 2015
2015-03-10SenateEnrolled Bill Communicated to Governor on 3/10/15
2015-03-07SenateSigned by President
2015-03-06HouseSigned by Speaker
2015-03-06SenateBill text as passed Senate and House (SB1440ER)
2015-03-06SenateEnrolled
2015-02-27SenateConference report agreed to by Senate (37-Y 0-N)
2015-02-27HouseVOTE: ADOPTION (98-Y 0-N)
2015-02-27HouseConference report agreed to by House (98-Y 0-N)
2015-02-27SenateConference substitute printed 15105632D-S2
2015-02-27 Conference: Amended by conference committee
2015-02-26HouseDelegates: Kilgore, Marshall, Daniel W., Spruill
2015-02-26HouseConferees appointed by House
2015-02-26SenateSenators: Ruff, Chafin, Dance
2015-02-26SenateConferees appointed by Senate
2015-02-26SenateSenate acceded to request (37-Y 0-N)
2015-02-25HouseHouse requested conference committee
2015-02-25HouseHouse insisted on substitute with amendments
2015-02-24SenateHouse substitute with amendments rejected by Senate (1-Y 38-N)
2015-02-20HouseVOTE: PASSAGE (93-Y 2-N)
2015-02-20HousePassed House with substitute with amendments (93-Y 2-N)
2015-02-20HouseEngrossed by House - committee substitute with amendments SB1440H1
2015-02-20HouseAmendments by Delegate Kilgore agreed to
2015-02-20HouseCommittee substitute agreed to 15105115D-H1
2015-02-20HouseRead third time
2015-02-19HouseRead second time
2015-02-18HouseCommittee substitute printed 15105115D-H1
2015-02-18HouseReported from Agriculture, Chesapeake and Natural Resources with substitute (21-Y 1-N)
2015-02-12HouseReferred to Committee on Agriculture, Chesapeake and Natural Resources
2015-02-12HouseRead first time
2015-02-12HousePlaced on Calendar
2015-02-10SenatePassed Senate (38-Y 0-N)
2015-02-10SenateConstitutional reading dispensed (38-Y 0-N)
2015-02-10SenatePrinted as engrossed 15104792D-ES1
2015-02-10SenateEngrossed by Senate - committee substitute with amendments SB1440ES1
2015-02-10SenateAmendments by Senator Norment agreed to
2015-02-10SenateReading of amendments waived
2015-02-10SenateCommittee substitute agreed to 15104792D-S1
2015-02-10SenateReading of substitute waived
2015-02-10SenateRead second time
2015-02-09SenateConstitutional reading dispensed (38-Y 0-N)
2015-02-05SenateCommittee substitute printed 15104792D-S1
2015-02-05SenateReported from Agriculture, Conservation and Natural Resources with substitite (14-Y 0-N)
2015-01-23SenateReferred to Committee on Agriculture, Conservation and Natural Resources
2015-01-23SenatePresented and ordered printed 15103467D

Same As/Similar To

HB2330 (Same As) 2015-03-23 - Governor: Acts of Assembly Chapter text (CHAP0399)

Code Citations

ChapterArticleSectionCitation TypeStatute Text
323100(n/a)See Bill Text
323104(n/a)See Bill Text
323108(n/a)See Bill Text
323111(n/a)See Bill Text
323112(n/a)See Bill Text
323121(n/a)See Bill Text
621203(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+sum+SB1440
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+SB1440+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+SB1440S1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+SB1440ES1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+SB1440H1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+SB1440S2+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+SB1440ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+CHAP0433+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+S01V0055+SB1440
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+SV0345SB1440+SB1440
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+SV0372SB1440+SB1440
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+SV0373SB1440+SB1440
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+H01V0089+SB1440
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+HV2567+SB1440
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+SV0779SB1440+SB1440
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+SV0945SB1440+SB1440
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+HV2906+SB1440
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+SV1007SB1440+SB1440

Bill Comments

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