HB 947

  • Virginia House Bill
  • 2022 Regular Session
  • Introduced in House Jan 12, 2022
  • House
  • Senate
  • Governor

Virginia Resources Authority; short-term loans.

Abstract

Virginia Resources Authority; short-term loans. Authorizes the Virginia Resources Authority to establish a revolving loan fund to make short-term loans to planning district commissions, with interest not to exceed one percent. Under the bill, the loans provide short-term cash flow to planning district commissions that receive state or federal grants that require the expenditure of funds prior to being reimbursed by grant funds.

Virginia Resources Authority; short-term loans. Authorizes the Virginia Resources Authority to establish a revolvingloan fund to make short-term loans to planning district commissions,with interest not to exceed one percent. Under the bill, the loans provide short-term cash flow to planning district commissions thatreceive state or federal grants that require the expenditure of fundsprior to being reimbursed by grant funds.

Bill Sponsors (1)

Votes


Actions


Feb 11, 2022

House

Impact statement from DPB (HB947H1)

House

Tabled in Appropriations (18-Y 0-N)

Feb 09, 2022

House

Reported from Agriculture, Chesapeake and Natural Resources with substitute (21-Y 0-N)

House

Committee substitute printed 22105653D-H1

House

Assigned App. sub: Commerce Agriculture & Natural Resources

House

Referred to Committee on Appropriations

Feb 07, 2022

House

Subcommittee recommends referring to Committee on Appropriations

House

Subcommittee recommends reporting with substitute (10-Y 0-N)

House

House subcommittee amendments and substitutes offered

Feb 04, 2022

House

Assigned ACNR sub: Chesapeake

Jan 27, 2022

House

Impact statement from DPB (HB947)

Jan 12, 2022

House

Referred to Committee on Agriculture, Chesapeake and Natural Resources

House

Prefiled and ordered printed; offered 01/12/22 22101713D

Bill Text

Bill Text Versions Format
Prefiled and ordered printed; offered 01/12/22 22101713D PDF HTML
Committee substitute printed 22105653D-H1 PDF HTML

Related Documents

Document Format
Fiscal Impact Statement: HB947FH1122.PDF PDF
Fiscal Impact Statement: HB947F122.PDF PDF

Sources

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