VA HB2347 | 2017 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 20 2017 - 100% progression
Action: 2017-03-20 - Governor: Acts of Assembly Chapter text (CHAP0663)
Text: Latest bill text (Chaptered) [HTML]

Summary

Commonwealth's Development Opportunity Fund; limitation on use of moneys from the Fund. Provides that unless an exception has been granted by the Secretary of Commerce and Trade, moneys in the Commonwealth's Development Opportunity Fund shall not be used for any economic development project involving a business that relocates or expands its operations in one or more Virginia localities while simultaneously closing its operations or substantially reducing the number of its employees in another Virginia locality. Under current law, this limitation on the use of the Fund is stated as a general policy rather than as a requirement. The bill also requires the Secretary of Commerce and Trade to provide written notice to the Chairmen of the Senate Finance and House Appropriations Committees at least 48 hours prior to the final approval of the grant or loan. Currently, the notice must be provided promptly, and a time frame is not specified.

Tracking Information

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Title

Commonwealth's Development Opportunity Fund; limitation on use of moneys from the Fund.

Sponsors


Roll Calls

2017-02-16 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2017-02-16 - Senate - Senate: Reconsideration of Senate passage agreed to by Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2017-02-16 - Senate - Senate: Passed Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2017-02-15 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2017-02-14 - Senate - Senate: Reported from Finance (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]
2017-02-03 - House - House: VOTE: BLOCK VOTE PASSAGE (95-Y 0-N) (Y: 95 N: 0 NV: 4 Abs: 0) [PASS]
2017-01-30 - House - House: Reported from Appropriations with substitute (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2017-01-25 - House - House: Subcommittee recommends reporting with substitute (7-Y 0-N) (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2017-03-20 Governor: Acts of Assembly Chapter text (CHAP0663)
2017-03-20 Governor: Approved by Governor-Chapter 663 (effective 7/1/17)
2017-02-21 Governor: Governor's Action Deadline Midnight, March 27, 2017
2017-02-21HouseEnrolled Bill communicated to Governor on 2/21/17
2017-02-21SenateSigned by President
2017-02-20HouseSigned by Speaker
2017-02-20HouseBill text as passed House and Senate (HB2347ER)
2017-02-20HouseEnrolled
2017-02-16SenatePassed Senate (40-Y 0-N)
2017-02-16SenateReconsideration of Senate passage agreed to by Senate (40-Y 0-N)
2017-02-16SenatePassed Senate (39-Y 0-N)
2017-02-16SenateRead third time
2017-02-15SenateConstitutional reading dispensed (40-Y 0-N)
2017-02-14SenateReported from Finance (16-Y 0-N)
2017-02-06SenateReferred to Committee on Finance
2017-02-06SenateConstitutional reading dispensed
2017-02-03HouseVOTE: BLOCK VOTE PASSAGE (95-Y 0-N)
2017-02-03HouseRead third time and passed House BLOCK VOTE (95-Y 0-N)
2017-02-02HouseEngrossed by House - committee substitute HB2347H1
2017-02-02HouseCommittee substitute agreed to 17104721D-H1
2017-02-02HouseRead second time
2017-02-01HouseRead first time
2017-01-30HouseCommittee substitute printed 17104721D-H1
2017-01-30HouseReported from Appropriations with substitute (22-Y 0-N)
2017-01-25HouseSubcommittee recommends reporting with substitute (7-Y 0-N)
2017-01-17HouseAssigned App. sub: Commerce, Agriculture, Natural Resources and Technology
2017-01-14HouseReferred to Committee on Appropriations
2017-01-14HousePresented and ordered printed 17100090D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
22115(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+sum+HB2347
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+HB2347+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+HB2347H1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+HB2347ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+CHAP0663+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+H0203V0005+HB2347
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+H02V0028+HB2347
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+HV1880+HB2347
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+S05V0270+HB2347
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+SV0554HB2347+HB2347
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+SV0597HB2347+HB2347
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+SV0598HB2347+HB2347
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+SV0599HB2347+HB2347

Bill Comments

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