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HB2471

Virginia Economic Development Partnership Authority; membership, powers and duties.

Status:
Enacted

Chief Patron:
Chris Jones (R)

Session:
2017 Regular Session

Summary

As Enacted. Virginia Economic Development Partnership Authority; membership; powers and duties.

Restructures the membership of the board of directors (the Board) of the Virginia Economic Development Partnership Authority (the Authority), designates the Board as a supervisory board within the statutory definition of "supervisory," sets out the minimum qualifications for appointments to the Board, and sets out additional powers and duties required of the Board, including development of a strategic plan for economic development, a marketing plan, and an operational plan. The bill also establishes a Division of Incentives within the Authority to track, manage, and coordinate economic development incentives. Under the bill, the Division is required to obtain certification from the Attorney General prior to certifying that an approved project has met the investment and job creation requirements and the review of the Attorney General prior to seeking the repayment of any public funds from an approved project due to a failure of the project to meet the investment and job creation requirements set forth in the contract or memorandum of understanding. The bill establishes a position of internal auditor and two advisory committees and requires (i) each commissioner of the revenue to provide certain tax information and (ii) the Virginia Employment Commission to provide certain employment information to the Authority as may be necessary to facilitate the administration and enforcement by the Authority of performance agreements with businesses that have received incentive awards. The bill contains an emergency clause. This bill is identical to SB 1574. (Less)

  • Bill History

  • 01/20/2017 - House: Presented and ordered printed 17104100D
  • 01/20/2017 - House: Referred to Committee on Appropriations
  • 01/24/2017 - House: Assigned App. sub: Commerce, Agriculture, Natural Resources and Technology
  • 02/01/2017 - House: Impact statement from DPB (HB2471)
  • 02/01/2017 - House: Subcommittee recommends reporting with substitute (7-Y 0-N)
  • 02/03/2017 - House: Reported from Appropriations with substitute (20-Y 0-N)
  • 02/03/2017 - House: Committee substitute printed 17105121D-H1
  • 02/04/2017 - House: Read first time
  • 02/06/2017 - House: Read second time
  • 02/06/2017 - House: Committee substitute agreed to 17105121D-H1
  • 02/06/2017 - House: Amendments by Delegate Jones agreed to
  • 02/06/2017 - House: Engrossed by House - committee substitute with amendments HB2471EH1
  • 02/06/2017 - House: Printed as engrossed 17105121D-EH1
  • 02/07/2017 - House: Read third time and passed House (95-Y 2-N)
  • 02/07/2017 - House: VOTE: PASSAGE (95-Y 2-N)
  • 02/08/2017 - Senate: Constitutional reading dispensed
  • 02/08/2017 - Senate: Referred to Committee on Finance
  • 02/14/2017 - Senate: Reported from Finance with substitute (16-Y 0-N)
  • 02/14/2017 - Senate: Committee substitute printed 17105445D-S1
  • 02/14/2017 - House: Impact statement from DPB (HB2471EH1)
  • 02/15/2017 - Senate: Constitutional reading dispensed (40-Y 0-N)
  • 02/15/2017 - House: Impact statement from DPB (HB2471S1)
  • 02/16/2017 - Senate: Read third time
  • 02/16/2017 - Senate: Reading of substitute waived
  • 02/16/2017 - Senate: Committee substitute agreed to 17105445D-S1
  • 02/16/2017 - Senate: Engrossed by Senate - committee substitute HB2471S1
  • 02/16/2017 - Senate: Passed Senate with substitute (39-Y 0-N)
  • 02/16/2017 - Senate: Reconsideration of Senate passage agreed to by Senate (40-Y 0-N)
  • 02/16/2017 - Senate: Passed Senate with substitute (40-Y 0-N)
  • 02/20/2017 - House: Placed on Calendar
  • 02/20/2017 - House: Senate substitute rejected by House 17105445D-S1 (2-Y 92-N)
  • 02/20/2017 - House: VOTE: REJECTED (2-Y 92-N)
  • 02/21/2017 - Senate: Senate insisted on substitute (38-Y 0-N)
  • 02/21/2017 - Senate: Senate requested conference committee
  • 02/22/2017 - House: House acceded to request
  • 02/23/2017 - House: Conferees appointed by House
  • 02/23/2017 - House: Delegates: Jones, O'Bannon, Torian
  • 02/23/2017 - Senate: Conferees appointed by Senate
  • 02/23/2017 - Senate: Senators: Ruff, Hanger, Barker
  • 02/25/2017 - Conference: Amended by conference committee
  • 02/25/2017 - House: Conference substitute printed 17105901D-H2
  • 02/25/2017 - Senate: Conference report agreed to by Senate (39-Y 0-N)
  • 02/25/2017 - House: Conference report agreed to by House (95-Y 0-N)
  • 02/25/2017 - House: VOTE: ADOPTION (95-Y 0-N)
  • 03/07/2017 - House: Enrolled
  • 03/07/2017 - House: Bill text as passed House and Senate (HB2471ER)
  • 03/07/2017 - House: Signed by Speaker
  • 03/10/2017 - Senate: Signed by President
  • 03/13/2017 - House: Enrolled Bill communicated to Governor on 3/13/17
  • 03/13/2017 - Governor: Governor's Action Deadline Midnight, March 27, 2017
  • 03/14/2017 - House: Impact statement from DPB (HB2471ER)
  • 03/27/2017 - House: Governor's recommendation received by House
  • 03/27/2017 - House: Governor's substitute printed 17106050D-H3
  • 04/05/2017 - House: Placed on Calendar
  • 04/05/2017 - House: House concurred in Governor's recommendation (99-Y 0-N)
  • 04/05/2017 - House: VOTE: ADOPTION EMERGENCY (99-Y 0-N)
  • 04/05/2017 - Governor: Emergency clause added by Governor's recommendation
  • 04/05/2017 - Senate: Senate concurred in Governor's recommendation (40-Y 0-N)
  • 04/05/2017 - Governor: Governor's recommendation adopted
  • 04/05/2017 - House: Reenrolled
  • 04/05/2017 - House: Reenrolled bill text (HB2471ER2)
  • 04/05/2017 - House: Signed by Speaker as reenrolled
  • 04/05/2017 - Senate: Signed by President as reenrolled
  • 04/05/2017 - House: Enacted, Chapter 804 (effective 4/5/17)
  • 04/05/2017 - Governor: Acts of Assembly Chapter text (CHAP0804)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com

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