VA SB854 | 2015 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 27 2015 - 100% progression
Action: 2015-03-27 - Governor: Acts of Assembly Chapter text (CHAP0697)
Text: Latest bill text (Chaptered) [HTML]

Summary

Virginia Small Business Financing Authority; Small, Women-owned, and Minority-owned Business Loan Fund. Abolishes the Capital Access Fund for Disadvantaged Businesses, which provides loan guarantees, loan loss reserves, and interest rate write-downs for disadvantaged businesses, and replaces it with the Small, Women-owned, and Minority-owned Business Loan Fund. The new fund will provide direct loans to eligible small, women-owned, and minority-owned businesses. The bill requires the Small Business Financing Authority and the Department of Small Business and Supplier Diversity to transfer cash balances in the Capital Access Fund for Disadvantaged Businesses to the Small, Women-owned, and Minority-owned Business Loan Fund. The bill contains technical amendments.

Tracking Information

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Title

Small, Women-owned, and Minority-owned Business Loan Fund; established.

Sponsors


Roll Calls

2015-02-16 - Senate - Senate: House amendments agreed to by Senate (37-Y 0-N) (Y: 37 N: 0 NV: 3 Abs: 0) [PASS]
2015-02-12 - House - House: VOTE: PASSAGE (87-Y 12-N) (Y: 88 N: 13 NV: 1 Abs: 0) [PASS]
2015-02-10 - House - House: Reported from General Laws with amendments (21-Y 1-N) (Y: 22 N: 1 NV: 0 Abs: 0) [PASS]
2015-01-30 - Senate - Senate: Read third time and passed Senate (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2015-01-28 - Senate - Senate: Constitutional reading dispensed (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2015-01-27 - Senate - Senate: Reported from Finance (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2015-01-19 - Senate - Senate: Reported from General Laws and Technology (13-Y 0-N 1-A) (Y: 13 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2015-03-27 Governor: Acts of Assembly Chapter text (CHAP0697)
2015-03-27 Governor: Approved by Governor-Chapter 697 (effective 7/1/15)
2015-02-23 Governor: Governor's Action Deadline Midnight, Sunday, March 29, 2015
2015-02-23SenateEnrolled Bill Communicated to Governor on 2/23/15
2015-02-20SenateSigned by President
2015-02-18HouseSigned by Speaker
2015-02-18SenateBill text as passed Senate and House (SB854ER)
2015-02-18SenateEnrolled
2015-02-16SenateHouse amendments agreed to by Senate (37-Y 0-N)
2015-02-12HouseVOTE: PASSAGE (87-Y 12-N)
2015-02-12HousePassed House with amendments (87-Y 12-N)
2015-02-12HouseEngrossed by House as amended
2015-02-12HouseCommittee amendments agreed to
2015-02-12HouseRead third time
2015-02-11HouseRead second time
2015-02-10HouseReported from General Laws with amendments (21-Y 1-N)
2015-02-06HouseReferred to Committee on General Laws
2015-02-06HouseRead first time
2015-02-06HousePlaced on Calendar
2015-01-30SenateRead third time and passed Senate (38-Y 0-N)
2015-01-29SenateRead second time and engrossed
2015-01-28SenateConstitutional reading dispensed (38-Y 0-N)
2015-01-27SenateReported from Finance (15-Y 0-N)
2015-01-19SenateRereferred to Finance
2015-01-19SenateReported from General Laws and Technology (13-Y 0-N 1-A)
2015-01-06SenateReferred to Committee on General Laws and Technology
2015-01-06SenatePrefiled and ordered printed; offered 01/14/15 15103108D

Same As/Similar To

HB1757 (Same As) 2015-03-27 - Governor: Acts of Assembly Chapter text (CHAP0696)

Code Citations

ChapterArticleSectionCitation TypeStatute Text
182213.1(n/a)See Bill Text
221605(n/a)See Bill Text
222311(n/a)See Bill Text
222311.1(n/a)See Bill Text
223705.6(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+sum+SB854
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+SB854+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+SB854ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+CHAP0697+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+S12V0009+SB0854
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+S05V0082+SB0854
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+SV0150SB0854+SB0854
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+SV0175SB0854+SB0854
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+H11V0139+SB0854
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+HV2256+SB0854
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+SV0474SB0854+SB0854

Bill Comments

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