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SB1574

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

Status:
Enacted

Chief Patron:
Frank Ruff (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 incorporates SB 1238 and is identical to HB 2471. (Less)
  • Bill History

  • 01/20/2017 - Senate: Presented and ordered printed 17102170D
  • 01/20/2017 - Senate: Referred to Committee on General Laws and Technology
  • 02/01/2017 - Senate: Impact statement from DPB (SB1574)
  • 02/03/2017 - Senate: Reported from General Laws and Technology with substitute (11-Y 0-N 1-A)
  • 02/03/2017 - Senate: Committee substitute printed 17105138D-S1
  • 02/06/2017 - Senate: Incorporates SB1238
  • 02/06/2017 - Senate: Constitutional reading dispensed (40-Y 0-N)
  • 02/07/2017 - Senate: Read second time
  • 02/07/2017 - Senate: Reading of substitute waived
  • 02/07/2017 - Senate: Committee substitute agreed to 17105138D-S1
  • 02/07/2017 - Senate: Engrossed by Senate - committee substitute SB1574S1
  • 02/07/2017 - Senate: Constitutional reading dispensed (40-Y 0-N)
  • 02/07/2017 - Senate: Passed Senate (40-Y 0-N)
  • 02/09/2017 - House: Placed on Calendar
  • 02/09/2017 - House: Read first time
  • 02/09/2017 - House: Referred to Committee on Appropriations
  • 02/14/2017 - Senate: Impact statement from DPB (SB1574S1)
  • 02/15/2017 - House: Reported from Appropriations with substitute (22-Y 0-N)
  • 02/15/2017 - House: Committee substitute printed 17105453D-H1
  • 02/16/2017 - Senate: Impact statement from DPB (SB1574H1)
  • 02/17/2017 - House: Read second time
  • 02/20/2017 - House: Read third time
  • 02/20/2017 - House: Committee substitute agreed to 17105453D-H1
  • 02/20/2017 - House: Engrossed by House - committee substitute SB1574H1
  • 02/20/2017 - House: Passed House with substitute BLOCK VOTE (97-Y 0-N)
  • 02/20/2017 - House: VOTE: BLOCK VOTE PASSAGE (97-Y 0-N)
  • 02/21/2017 - Senate: House substitute rejected by Senate (0-Y 40-N)
  • 02/22/2017 - House: House insisted on substitute
  • 02/22/2017 - House: House requested conference committee
  • 02/23/2017 - Senate: Senate acceded to request (40-Y 0-N)
  • 02/23/2017 - Senate: Conferees appointed by Senate
  • 02/23/2017 - Senate: Senators: Ruff, Hanger, Barker
  • 02/23/2017 - House: Conferees appointed by House
  • 02/23/2017 - House: Delegates: Jones, O'Bannon, Torian
  • 02/25/2017 - Conference: Amended by conference committee
  • 02/25/2017 - Senate: Conference substitute printed 17105903D-S2
  • 02/25/2017 - Senate: Conference report agreed to by Senate (39-Y 0-N)
  • 02/25/2017 - House: Conference report agreed to by House (96-Y 0-N)
  • 02/25/2017 - House: VOTE: ADOPTION (96-Y 0-N)
  • 03/07/2017 - Senate: Enrolled
  • 03/07/2017 - Senate: Bill text as passed Senate and House (SB1574ER)
  • 03/07/2017 - House: Signed by Speaker
  • 03/10/2017 - Senate: Signed by President
  • 03/13/2017 - Senate: Enrolled Bill Communicated to Governor on 3/13/17
  • 03/13/2017 - Governor: Governor's Action Deadline Midnight, March 27, 2017
  • 03/14/2017 - Senate: Impact statement from DPB (SB1574ER)
  • 03/24/2017 - Senate: Governor's substitute printed 17106052D-S3
  • 03/27/2017 - Senate: Governor's recommendation received by Senate
  • 04/05/2017 - Senate: Senate concurred in Governor's recommendation (40-Y 0-N)
  • 04/05/2017 - House: House concurred in Governor's recommendation (98-Y 0-N)
  • 04/05/2017 - House: VOTE: ADOPTION EMERGENCY (98-Y 0-N)
  • 04/05/2017 - Governor: Emergency clause added by Governor's recommendation
  • 04/05/2017 - Governor: Governor's recommendation adopted
  • 04/05/2017 - Senate: Reenrolled
  • 04/05/2017 - Senate: Reenrolled bill text (SB1574ER2)
  • 04/05/2017 - Senate: Signed by President as reenrolled
  • 04/05/2017 - House: Signed by Speaker as reenrolled
  • 04/05/2017 - House: Enacted, Chapter 824 (effective 4/5/17)
  • 04/05/2017 - Governor: Acts of Assembly Chapter text (CHAP0824)