Virginia House Bill 658 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 12 2010 - 25% progression, died in committee
Action: 2010-02-16 - House: Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]

Enterprise Zone Grant Program; threshold for real property investment grants. Lowers the threshold for qualified real property investments under the Enterprise Zone Grant Program for distressed localities from $100,000 to $50,000 for the rehabilitation or expansion of a single building and from $500,000 to $250,000 for new construction of a single building. Under the bill, distressed locality is defined as any locality with an annual average unemployment rate that is one and one half times or more the state average unemployment rate.

Enterprise Zone Grant Program; lowers threshold for qualified real property investments.

Del. Ward Armstrong [D]

Date	Chamber	Action
2010-02-16		House: Left in Appropriations
2010-02-11		House: Subcommittee recommends no action by voice vote
2010-02-04		House: Subcommittee recommends no action by voice vote
2010-01-19		House: Assigned App. sub: Economic Development, Agriculture and Natural Resources
2010-01-12		House: Referred to Committee on Appropriations
2010-01-12		House: Prefiled and ordered printed; offered 01/13/10 10103720D

Chapter	Article	Section	Citation Type	Statute Text
59	1	548	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?101+sum+HB658
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?101+ful+HB658+hil