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SB1418

Commonwealth's Development Opportunity Fund; grants, waiver or reduction of capital investment.

Status:
Passed

Chief Patron:
Jeremy McPike (D)

Session:
2021 Regular Session

Summary

As Passed House of Origin. Grants from the Commonwealth's Development Opportunity Fund; waiver or reduction of capital investment and local match requirement.

Provides that, for grants from the Commonwealth's Development Opportunity Fund, capital investment and local match requirements may be reduced or waived based on the creation of telework jobs that pay an average wage of at least 1.2 times the Virginia minimum wage.
  • Bill History

  • 01/13/2021 - Senate: Presented and ordered printed 21102436D
  • 01/13/2021 - Senate: Referred to Committee on General Laws and Technology
  • 01/19/2021 - Senate: Impact statement from DPB (SB1418)
  • 01/27/2021 - Senate: Reported from General Laws and Technology (12-Y 0-N 1-A)
  • 01/27/2021 - Senate: Rereferred to Finance and Appropriations
  • 02/03/2021 - Senate: Senate committee, floor amendments and substitutes offered
  • 02/03/2021 - Senate: Reported from Finance and Appropriations with substitute (15-Y 0-N)
  • 02/03/2021 - Senate: Committee substitute printed 21104295D-S1
  • 02/03/2021 - Senate: Constitutional reading dispensed (39-Y 0-N)
  • 02/04/2021 - Senate: Read second time
  • 02/04/2021 - Senate: Reading of substitute waived
  • 02/04/2021 - Senate: Committee substitute agreed to 21104295D-S1
  • 02/04/2021 - Senate: Engrossed by Senate - committee substitute SB1418S1
  • 02/05/2021 - Senate: Impact statement from DPB (SB1418S1)
  • 02/05/2021 - Senate: Read third time and passed Senate (38-Y 0-N)
  • 02/07/2021 - House: Placed on Calendar
  • 02/07/2021 - House: Read first time
  • 02/07/2021 - House: Referred to Committee on General Laws
  • 02/08/2021 - House: Continued to Special Session 1 in General Laws
  • 02/09/2021 - House: Assigned GL sub: Professions/Occupations and Administrative Process
  • 02/11/2021 - House: Subcommittee recommends reporting (7-Y 1-N)
  • 02/16/2021 - House: Reported from General Laws (20-Y 1-N)
  • 02/18/2021 - House: Read second time
  • 02/19/2021 - House: Read third time
  • 02/19/2021 - House: Passed House (92-Y 8-N)
  • 02/19/2021 - House: VOTE: Passage (92-Y 8-N)
  • 02/24/2021 - Senate: Enrolled
  • 02/24/2021 - Senate: Bill text as passed Senate and House (SB1418ER)
  • 02/24/2021 - Senate: Impact statement from DPB (SB1418ER)
  • 02/24/2021 - Senate: Signed by President
  • 02/25/2021 - House: Signed by Speaker
  • 02/26/2021 - Senate: Enrolled Bill Communicated to Governor on February 26, 2021
  • 02/26/2021 - Governor: Governor's Action Deadline 11:59 p.m., March 31, 2021
  • 03/25/2021 - Governor: Approved by Governor-Chapter 386 (effective 7/1/21)
  • 03/25/2021 - Governor: Acts of Assembly Chapter text (CHAP0386)