VA HB2237 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2019 - 25% progression, died in committee
Action: 2019-02-05 - Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Economic development incentives; disclosure to public. Provides that no project that includes an offer of economic development incentives shall be approved by the Governor unless the essential terms of the offer are disclosed to the public no less than 21 days prior to approval. The bill defines essential terms as the aggregate amount of incentives to be provided by the Commonwealth, how the incentives are to be allocated, the projected return on investment for the Commonwealth, the projected time frame for repayment of the incentives, the Division of Incentives' projections for the number of new jobs that will be created and the average wage of those new jobs, and any proposed agreement between the Commonwealth and the recipient of the incentives regarding the Virginia Freedom of Information Act.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Economic development incentives; disclosure to public.

Sponsors


Roll Calls

2019-01-16 - House - House: Subcommittee recommends laying on the table (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2019-02-05HouseLeft in Appropriations
2019-01-16HouseSubcommittee recommends laying on the table (8-Y 0-N)
2019-01-14HouseAssigned App. sub: Commerce, Agriculture, Natural Resources & Technology
2019-01-08HouseReferred to Committee on Appropriations
2019-01-08HousePrefiled and ordered printed; offered 01/09/19 19101330D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
222237.3(n/a)See Bill Text

Virginia State Sources


Bill Comments

feedback