VA HB2347 | 2019 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on February 19 2019 - 100% progression
Action: 2019-02-19 - Governor: Acts of Assembly Chapter text (CHAP0035)
Text: Latest bill text (Chaptered) [HTML]

Summary

Small Business Investment Grant Fund; recapture of awards. Provides that if an eligible investor is awarded a grant from the Small Business Investment Grant Fund and the small business in which the investment was made (i) relocates outside of the Commonwealth within two years of the award of the grant or (ii) closes within two years of the award of the grant as a result of a criminal conviction on the part of any officer, director, manager, or general partner of such business relating to his involvement with the business, such investor shall forfeit the grant and refund such moneys to the Virginia Small Business Financing Authority. The bill also advances the starting date for an eligible investor to receive a grant from July 1, 2016, to July 1, 2019, and advances the end date for receiving such a grant from January 1, 2019, to January 1, 2022.

Tracking Information

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Title

Small Business Investment Grant Fund; recapture of awards.

Sponsors


Roll Calls

2019-02-07 - Senate - Senate: Read third time and passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2019-02-06 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2019-02-05 - Senate - Senate: Reported from Finance (13-Y 0-N) (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]
2019-01-25 - House - House: VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (Y: 97 N: 0 NV: 2 Abs: 0) [PASS]
2019-01-21 - House - House: Reported from Appropriations with amendments (21-Y 0-N) (Y: 21 N: 0 NV: 1 Abs: 0) [PASS]
2019-01-16 - House - House: Subcommittee recommends reporting with amendments (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2019-02-19 Governor: Acts of Assembly Chapter text (CHAP0035)
2019-02-19 Governor: Approved by Governor-Chapter 35 (effective 7/1/19)
2019-02-12 Governor: Governor's Action Deadline Midnight, February 19, 2019
2019-02-12HouseEnrolled Bill communicated to Governor on February 12, 2019
2019-02-11SenateSigned by President
2019-02-11HouseSigned by Speaker
2019-02-11HouseBill text as passed House and Senate (HB2347ER)
2019-02-11HouseEnrolled
2019-02-07SenatePassed Senate (40-Y 0-N)
2019-02-07SenateRead third time
2019-02-06SenateConstitutional reading dispensed (39-Y 0-N)
2019-02-05SenateReported from Finance (13-Y 0-N)
2019-01-28SenateReferred to Committee on Finance
2019-01-28SenateConstitutional reading dispensed
2019-01-25HouseVOTE: BLOCK VOTE PASSAGE (97-Y 0-N)
2019-01-25HouseRead third time and passed House BLOCK VOTE (97-Y 0-N)
2019-01-24HousePrinted as engrossed 19102988D-E
2019-01-24HouseEngrossed by House as amended HB2347E
2019-01-24HouseCommittee amendments agreed to
2019-01-24HouseRead second time
2019-01-23HouseRead first time
2019-01-21HouseReported from Appropriations with amendments (21-Y 0-N)
2019-01-16HouseSubcommittee recommends reporting with amendments (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 19102988D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
221616(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+sum+HB2347
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+HB2347+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+HB2347E+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+HB2347ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+CHAP0035+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+H0201V0005+HB2347
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+H02V0006+HB2347
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+HV1871+HB2347
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+S05V0273+HB2347
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+SV0459HB2347+HB2347
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+SV0466HB2347+HB2347

Bill Comments

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