Janet Howell
- Democratic
Technology Development Grant Fund created.Creates the Technology Development Grant Fund to make grant paymentsto a qualified technology company that makes a capital investmentof at least $64 million at a facility in Fairfax County and createsat least 1,500 new full-time jobs at the facility. A qualified technologycompany would be eligible for an aggregate of $22.5 million in grantspaid over four years if it meets performance parameters and complieswith the terms of a memorandum of understanding agreed upon by thecompany, the Commonwealth, and the Virginia Economic DevelopmentPartnership Authority.
Approved by Governor-Chapter 271 (effective 7/1/21)
Governor's Action Deadline 11:59 p.m., March 31, 2021
Enrolled Bill Communicated to Governor on February 22, 2021
Signed by Speaker
Impact statement from DPB (SB1156ER)
Enrolled
Signed by President
Passed House (90-Y 10-N)
VOTE: Passage (90-Y 10-N)
Read second time
Reported from Appropriations (22-Y 0-N)
Continued to Special Session 1 in Appropriations
Referred to Committee on Appropriations
Read first time
Placed on Calendar
Read third time and passed Senate (37-Y 0-N)
Read second time and engrossed
Constitutional reading dispensed (39-Y 0-N)
Reported from Finance and Appropriations (15-Y 0-N)
Impact statement from DPB (SB1156)
Referred to Committee on Finance and Appropriations
Prefiled and ordered printed; offered 01/13/21 21102102D
| Bill Text Versions | Format |
|---|---|
| Prefiled and ordered printed; offered 01/13/21 21102102D | HTML |
| SB1156ER | HTML |
| CHAP0271 | HTML |
| Document | Format |
|---|---|
| Fiscal Impact Statement: SB1156F122.PDF |
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