VA SB1238 | 2017 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 10 2017 - 25% progression, died in chamber
Action: 2017-02-03 - Incorporated by General Laws and Technology
Text: Latest bill text (Prefiled) [HTML]

Summary

Virginia Economic Development Partnership Authority; Chief Virginia Economic Development Partnership Authority; Chief Executive Officer; powers and duties. Requires the Chief Executive Officer (CEO) of the Virginia Economic Development Partnership Authority (the Authority) to develop a comprehensive operational plan for the Authority, including, at a minimum, the following components: (i) a plan for coordination with all state agencies administering economic development incentive programs to ensure that such programs consistently achieve maximum effectiveness, (ii) the results of the most recent survey of all economic development partners assessing the effectiveness of the Authority's coordination with nonstate economic development organizations and the alignment of the Authority's strategic plan with economic development partners, and (iii) an evaluation of grant incentive awards programs administered by the Authority. The initial plan must be submitted by December 1, 2017, to the Authority's Board for review and approval. After approval, the CEO must report quarterly to the Board regarding the status of the implementation of the plan. In addition, the bill changes the membership requirements of the Board by removing the conditions that the Governor's appointees represent the state's congressional districts and changing the appointments of legislative appointees from membership at large to requirements for general areas of expertise. The bill changes all terms from six to four years and provides for the 12 citizen members appointed by the Governor to be re-staggered beginning in 2017. The bill also (a) provides for the Secretary of Commerce and Trade to serve as the chairman of the Authority's Board, (b) establishes the Division of Grant Administration within the Authority, (c) creates an Office of Internal Audit, and (d) provides for the Authority to staff the Governor's cabinet-level committee assisting the Secretary of Commerce and Trade in developing the state's comprehensive economic development

Tracking Information

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Title

Virginia Economic Development Partnership Authority; Chief Executive Officer, powers and duties.

Sponsors


Roll Calls

2017-02-03 - Senate - Senate: Incorporated by General Laws and Technology (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2017-02-03SenateIncorporated by General Laws and Technology
2017-01-10SenateReferred to Committee on General Laws and Technology
2017-01-10SenatePrefiled and ordered printed; offered 01/11/17 17103638D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
22205(n/a)See Bill Text
22206.2(n/a)See Bill Text
222235(n/a)See Bill Text
222236.1(n/a)See Bill Text
222236.2(n/a)See Bill Text
222238(n/a)See Bill Text
222238.2(n/a)See Bill Text
222240.3(n/a)See Bill Text

Virginia State Sources


Bill Comments

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