VA SB459 | 2016 | Regular Session
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on May 16 2016 - 100% progression
Action: 2016-05-16 - Governor: Acts of Assembly Chapter text (CHAP0776)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Bipartisan Bill
Status: Passed on May 16 2016 - 100% progression
Action: 2016-05-16 - Governor: Acts of Assembly Chapter text (CHAP0776)
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.
Title
Virginia Collaborative Economic Development Act; established.
Sponsors
Roll Calls
2016-04-20 - House - House: VOTE: PASSAGE (84-Y 7-N) (Y: 85 N: 9 NV: 9 Abs: 0) [PASS]
2016-04-20 - House - House: VOTE: AGREE TO (91-Y 0-N) (Y: 94 N: 0 NV: 9 Abs: 0) [PASS]
2016-04-20 - Senate - Senate: Passed Senate (35-Y 4-N) (Y: 35 N: 4 NV: 0 Abs: 0) [PASS]
2016-04-20 - Senate - Senate: Constitutional reading dispensed (37-Y 0-N) (Y: 37 N: 0 NV: 2 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: Amendments specific and severable (0-Y 39-N) (Y: 0 N: 39 NV: 0 Abs: 0) [FAIL]
2016-04-20 - Senate - Senate: Reported from Finance with substitute (15-Y 0-N) (Y: 15 N: 0 NV: 0 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 (36-Y 2-N) (Y: 36 N: 2 NV: 2 Abs: 0) [PASS]
2016-03-10 - House - House: VOTE: PASSAGE (91-Y 6-N) (Y: 94 N: 6 NV: 3 Abs: 0) [PASS]
2016-03-10 - Senate - Senate: Senate acceded to request (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2016-03-10 - Senate - Senate: House substitute rejected by Senate (1-Y 38-N) (Y: 1 N: 38 NV: 1 Abs: 0) [FAIL]
2016-03-07 - House - House: Reported from Appropriations with substitute (20-Y 0-N) (Y: 20 N: 0 NV: 2 Abs: 0) [PASS]
2016-02-11 - Senate - Senate: Passed Senate (38-Y 2-N) (Y: 38 N: 2 NV: 0 Abs: 0) [PASS]
2016-02-11 - Senate - Senate: Reconsideration of passage agreed to by Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2016-02-11 - Senate - Senate: Passed Senate (36-Y 4-N) (Y: 36 N: 4 NV: 0 Abs: 0) [PASS]
2016-02-11 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-10 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-09 - Senate - Senate: Reported from Finance with substitute (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2016-04-20 - House - House: VOTE: AGREE TO (91-Y 0-N) (Y: 94 N: 0 NV: 9 Abs: 0) [PASS]
2016-04-20 - Senate - Senate: Passed Senate (35-Y 4-N) (Y: 35 N: 4 NV: 0 Abs: 0) [PASS]
2016-04-20 - Senate - Senate: Constitutional reading dispensed (37-Y 0-N) (Y: 37 N: 0 NV: 2 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: Amendments specific and severable (0-Y 39-N) (Y: 0 N: 39 NV: 0 Abs: 0) [FAIL]
2016-04-20 - Senate - Senate: Reported from Finance with substitute (15-Y 0-N) (Y: 15 N: 0 NV: 0 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 (36-Y 2-N) (Y: 36 N: 2 NV: 2 Abs: 0) [PASS]
2016-03-10 - House - House: VOTE: PASSAGE (91-Y 6-N) (Y: 94 N: 6 NV: 3 Abs: 0) [PASS]
2016-03-10 - Senate - Senate: Senate acceded to request (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2016-03-10 - Senate - Senate: House substitute rejected by Senate (1-Y 38-N) (Y: 1 N: 38 NV: 1 Abs: 0) [FAIL]
2016-03-07 - House - House: Reported from Appropriations with substitute (20-Y 0-N) (Y: 20 N: 0 NV: 2 Abs: 0) [PASS]
2016-02-11 - Senate - Senate: Passed Senate (38-Y 2-N) (Y: 38 N: 2 NV: 0 Abs: 0) [PASS]
2016-02-11 - Senate - Senate: Reconsideration of passage agreed to by Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2016-02-11 - Senate - Senate: Passed Senate (36-Y 4-N) (Y: 36 N: 4 NV: 0 Abs: 0) [PASS]
2016-02-11 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-10 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-09 - Senate - Senate: Reported from Finance with substitute (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2016-05-16 | Governor: Acts of Assembly Chapter text (CHAP0776) | |
2016-05-16 | Governor: Approved by Governor-Chapter 776 (effective 7/1/16) | |
2016-04-20 | Governor: Governor's Action Deadline Midnight, Friday, May 20, 2016 | |
2016-04-20 | Senate | Communicated to Governor |
2016-04-20 | House | Signed by Speaker as reenrolled |
2016-04-20 | Senate | Signed by President as reenrolled |
2016-04-20 | Senate | Reenrolled bill text (SB459ER2) |
2016-04-20 | House | Reenrolled |
2016-04-20 | House | VOTE: PASSAGE (84-Y 7-N) |
2016-04-20 | House | Passed House (84-Y 7-N) |
2016-04-20 | House | VOTE: AGREE TO (91-Y 0-N) |
2016-04-20 | House | Constitutional readings dispensed (91-Y 0-N) |
2016-04-20 | Senate | Passed Senate (35-Y 4-N) |
2016-04-20 | Senate | Constitutional reading dispensed (37-Y 0-N) |
2016-04-20 | Senate | Reengrossed by Senate - committee substitute SB459S4 |
2016-04-20 | Senate | Committee substitute agreed to 16106505D-S4 |
2016-04-20 | Senate | Reading of substitute waived |
2016-04-20 | Senate | Constitutional reading dispensed (39-Y 0-N) |
2016-04-20 | Senate | Read first time |
2016-04-20 | Senate | Committee substitute printed 16106505D-S4 |
2016-04-20 | Senate | Reported from Finance with substitute (15-Y 0-N) |
2016-04-20 | Senate | Referred to Committee on Finance |
2016-04-20 | Senate | Motion to refer to committee agreed to |
2016-04-20 | Senate | Amendments specific and severable (0-Y 39-N) |
2016-04-08 | Senate | Governor's substitute printed 16106484D-S3 |
2016-04-08 | Senate | Governor's recommendation received by Senate |
2016-03-28 | Governor: Governor's Action Deadline Midnight, Sunday, April 10, 2016 | |
2016-03-28 | Senate | Enrolled Bill Communicated to Governor on 3/28/16 |
2016-03-28 | Senate | Signed by President |
2016-03-25 | House | Signed by Speaker |
2016-03-25 | Senate | Bill text as passed Senate and House (SB459ER) |
2016-03-25 | Senate | Enrolled |
2016-03-11 | House | VOTE: ADOPTION (89-Y 8-N) |
2016-03-11 | House | Conference report agreed to by House (89-Y 8-N) |
2016-03-11 | Senate | Conference report agreed to by Senate (36-Y 2-N) |
2016-03-11 | Senate | Conference substitute printed 16106387D-S2 |
2016-03-11 | Conference: Amended by conference committee | |
2016-03-10 | House | Delegates: Hugo, Jones, James |
2016-03-10 | House | Conferees appointed by House |
2016-03-10 | Senate | Senators: Ruff, Saslaw, Hanger |
2016-03-10 | Senate | Conferees appointed by Senate |
2016-03-10 | Senate | Senate acceded to request (38-Y 0-N) |
2016-03-10 | House | House requested conference committee |
2016-03-10 | House | House insisted on substitute |
2016-03-10 | Senate | House substitute rejected by Senate (1-Y 38-N) |
2016-03-10 | House | VOTE: PASSAGE (91-Y 6-N) |
2016-03-10 | House | Passed House with substitute (91-Y 6-N) |
2016-03-10 | House | Engrossed by House - committee substitute SB459H1 |
2016-03-10 | House | Committee substitute agreed to 16106188D-H1 |
2016-03-10 | House | Read third time |
2016-03-09 | House | Read second time |
2016-03-07 | House | Committee substitute printed 16106188D-H1 |
2016-03-07 | House | Reported from Appropriations with substitute (20-Y 0-N) |
2016-02-15 | House | Referred to Committee on Appropriations |
2016-02-15 | House | Read first time |
2016-02-15 | House | Placed on Calendar |
2016-02-11 | Senate | Passed Senate (38-Y 2-N) |
2016-02-11 | Senate | Reconsideration of passage agreed to by Senate (39-Y 0-N) |
2016-02-11 | Senate | Passed Senate (36-Y 4-N) |
2016-02-11 | Senate | Constitutional reading dispensed (40-Y 0-N) |
2016-02-11 | Senate | Engrossed by Senate - committee substitute SB459S1 |
2016-02-11 | Senate | Committee substitute agreed to 16105270D-S1 |
2016-02-11 | Senate | Reading of substitute waived |
2016-02-11 | Senate | Read second time |
2016-02-10 | Senate | Constitutional reading dispensed (40-Y 0-N) |
2016-02-09 | Senate | Committee substitute printed 16105270D-S1 |
2016-02-09 | Senate | Reported from Finance with substitute (15-Y 0-N) |
2016-01-12 | Senate | Referred to Committee on Finance |
2016-01-12 | Senate | Prefiled and ordered printed; offered 01/13/16 16102376D |
Same As/Similar To
HB846 (Same As) 2016-05-16 - Governor: Acts of Assembly Chapter text (CHAP0777)