VA SB262 | 2012 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on February 10 2012 - 50% progression, died in committee
Action: 2012-03-10 - House: Left in General Laws
Pending: House General Laws Committee
Text: Latest bill text (Comm Sub) [HTML]

Summary

Microenterprise investment grant program. Creates a grant program for individuals who make a qualified investment in a microenterprise. The amount of the credit shall be 25 percent of an investment in a green business microenterprise or a microenterprise located in a Historically Underutilized Business Zone or 20 percent of an investment in any other microenterprise. An individual may receive a credit up to $12,500. The microenterprise investment grant program is contingent upon an appropriation of general funds effectuating the provisions of the bill.

Tracking Information

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Title

Microenterprise Investment Grant Fund and Program; created.

Sponsors


Roll Calls

2012-02-13 - Senate - Senate: Read third time and passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2012-02-09 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2012-02-08 - Senate - Senate: Reported from Finance with substitute (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2012-03-10 House: Left in General Laws
2012-02-21 House: Subcommittee recommends laying on the table by voice vote
2012-02-20 House: Assigned GL sub: #4 Professions/Occupations and Administrative Process
2012-02-16 House: Referred to Committee on General Laws
2012-02-16 House: Read first time
2012-02-16 House: Placed on Calendar
2012-02-13 Senate: Read third time and passed Senate (40-Y 0-N)
2012-02-10 Senate: Engrossed by Senate - committee substitute SB262S1
2012-02-10 Senate: Committee substitute agreed to 12105254D-S1
2012-02-10 Senate: Reading of substitute waived
2012-02-10 Senate: Read second time
2012-02-09 Senate: Constitutional reading dispensed (39-Y 0-N)
2012-02-08 Senate: Committee substitute printed 12105254D-S1
2012-02-08 Senate: Reported from Finance with substitute (14-Y 0-N)
2012-01-10 Senate: Referred to Committee on Finance
2012-01-10 Senate: Prefiled and ordered printed; offered 01/11/12 12102538D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
581339.13(n/a)See Bill Text

Virginia State Sources


Bill Comments

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