HB 1125

Abstract

Virginia Business Ready Expedited Permitting Program established; report. Establishes the Virginia Business Ready Expedited Permitting Program and directs the Virginia Economic Development Partnership Authority to designate up to two sites and four projects for participation in the Program. Sites and projects eligible for the Program shall include only (i) sites eligible for a site development grant under the Virginia Business Ready Sites Program or (ii) projects with significant local, regional, or statewide economic impact that the governing body of the locality in which the project is located has either (a) approved following a public meeting or hearing or (b) submitted, by resolution, for consideration to be included in the Program. No more than two eligible sites or projects shall be designated as part of the Program within any locality annually. The Authority shall complete a review process within 45 days of designating a site to reduce permitting conflicts and provide relevant guidance to applicants. The bill also provides that no project shall be considered eligible to enter the Program after December 31, 2027, and requires annual reporting from the Authority. The bill has a delayed effective date of January 1, 2025, and expires on June 30, 2028. This bill is identical to SB 217.

Virginia Business Ready Expedited Permitting Program established; report. Establishes the Virginia Business Ready Expedited Permitting Program and directs the Virginia Economic Development Partnership Authority to designate up to two sites and six projects for participation in the Program. Sites and projects eligible for the Program shall include only (i) sites eligible for a site development grant under the Virginia Business Ready Sites Program or (ii) projects with significant local, regional, or statewide economic impact that the governing body of the locality in which the project is located has either (a) approved following a public meeting or hearing or (b) submitted, by resolution, for consideration to be included in the Program. No more than two such sites may be designated within one locality per year. The Authority shall complete a review process within 45 days of designating a site to reduce permitting conflicts and provide relevant guidance to applicants. The bill also provides that no project shall be considered eligible to enter the Program after December 31, 2027, and requires annual reporting from the Authority. The bill has a delayed effective date of January 1, 2025, and expires on June 30, 2028.

Virginia Business Ready Expedited PermittingProgram; established. Establishes the Virginia Business Ready Expedited Permitting Program and directs the Virginia Economic DevelopmentPartnership Authority to designate up to three sites and seven projects for participation in the Program. Such sites shall be either (i)sites eligible for a site development grant as part of the VirginiaBusiness Ready Sites Program or (ii) projects with significant local,regional, or statewide economic impact that have been approved bythe local governing body following a public hearing or submittedby resolution to be considered for the Program. No more than twosuch sites may be designated within one locality per year. The Authorityshall complete a review process within 45 days of designating a siteto reduce permitting conflicts and provide relevant guidance to applicants.Any application for a permit or request for approval associated witha designated site shall be evaluated within 180 days. The bill hasa delayed effective date of January 1, 2025.