SB 1338 Science and technology development and commercialization; promotion thereof in State.
Mark R. Herring | all patrons    ...    notes
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Summary as passed: (all summaries)
Promotion of science and technology-based research, development, and commercialization in the Commonwealth. Makes several changes to the Code of Virginia to encourage research, development, and commercialization of advancements in science and technology in the Commonwealth. The bill changes the existing Commonwealth Technology Research Fund to the Commonwealth Research Commercialization Fund to better focus the moneys available under this program to key areas of research and development in the Commonwealth, to emphasize the importance of commercialization of research and development through matching-funds programs and the leveraging of private and federal funds for commercialization activities, and to provide a loan program for the construction of facilities utilized in commercializing qualified research. Additionally, the bill amends the existing qualified equity and subordinated debt investment tax credit to limit its applicability only to companies engaged in science and technology-related businesses, and to encourage investment in companies focused on commercializing research developed at universities. This bill is a recommendation of the Joint Subcommittee Studying Biosciences and Biotechnology in the Commonwealth (House Joint Resolution 248).

Full text:
01/14/09  Senate: Prefiled and ordered printed; offered 01/14/09 095979736  pdf | impact statement
01/29/09  Senate: Printed as engrossed 095979736-E  pdf | impact statement
03/09/09  Senate: Bill text as passed Senate and House (SB1338ER)  pdf | impact statement
04/08/09  Senate: Reenrolled bill text (SB1338ER2)  pdf
04/08/09  Governor: Acts of Assembly Chapter text (CHAP0853)  pdf

Amendments:
House amendments
House amendments engrossed
Senate amendments
Senate amendments rejected
Conference amendments
Governor's recommendation

Status:
01/14/09  Senate: Prefiled and ordered printed; offered 01/14/09 095979736
01/14/09  Senate: Referred to Committee on General Laws and Technology
01/21/09  Senate: Reported from General Laws and Technology with amendments (13-Y 0-N)
01/23/09  Senate: Constitutional reading dispensed (39-Y 0-N)
01/26/09  Senate: Passed by for the day
01/27/09  Senate: Passed by for the day
01/28/09  Senate: Read second time
01/28/09  Senate: Passed by for the day
01/29/09  Senate: Read second time
01/29/09  Senate: Reading of amendments waived
01/29/09  Senate: Committee amendments agreed to
01/29/09  Senate: Reading of amendments waived
01/29/09  Senate: Amendments Set 1 by Senator Cuccinelli rejected
01/29/09  Senate: Reading of amendments waived
01/29/09  Senate: Amendments Set 2 by Senator Cuccinelli rejected
01/29/09  Senate: Engrossed by Senate as amended SB1338E
01/29/09  Senate: Printed as engrossed 095979736-E
01/30/09  Senate: Read third time and passed Senate (33-Y 5-N)
01/30/09  Senate: Reconsideration of passage agreed to by Senate (39-Y 0-N)
01/30/09  Senate: Passed Senate (35-Y 4-N)
02/13/09  House: Placed on Calendar
02/13/09  House: Read first time
02/13/09  House: Referred to Committee on Science and Technology
02/18/09  House: Reported from Science and Technology with amendments (21-Y 0-N)
02/20/09  House: Read second time
02/23/09  House: Passed by for the day
02/24/09  House: Read third time
02/24/09  House: Committee amendments agreed to
02/24/09  House: Engrossed by House as amended
02/24/09  House: Passed House with amendments BLOCK VOTE (99-Y 0-N)
02/24/09  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
02/25/09  Senate: Passed by temporarily
02/25/09  Senate: Passed by for the day
02/26/09  Senate: Passed by temporarily
02/26/09  Senate: House amendments rejected by Senate (10-Y 28-N)
02/26/09  House: House insisted on amendments
02/26/09  House: House requested conference committee
02/26/09  Senate: Senate acceded to request (38-Y 0-N)
02/26/09  House: Conferees appointed by House
02/26/09  House: Delegates: O'Bannon, Nixon, Sickles
02/26/09  Senate: Conferees appointed by Senate
02/26/09  Senate: Senators: Herring, Vogel, McEachin
02/28/09  Senate: Conference report agreed to by Senate (38-Y 2-N)
02/28/09  House: Conference report agreed to by House (99-Y 0-N)
02/28/09  House: VOTE: --- ADOPTION (99-Y 0-N)
03/09/09  Senate: Enrolled
03/09/09  Senate: Bill text as passed Senate and House (SB1338ER)
03/09/09  Senate: Signed by President
03/11/09  House: Signed by Speaker
03/30/09  Senate: Governor's recommendation received by Senate
04/07/09  Senate: Placed on Calendar
04/08/09  Senate: Senate concurred in Governor's recommendation (39-Y 0-N)
04/08/09  House: House concurred in Governor's recommendation (98-Y 0-N)
04/08/09  House: VOTE: --- ADOPTION (98-Y 0-N)
04/08/09  Governor: Governor's recommendation adopted
04/08/09  Senate: Reenrolled bill text (SB1338ER2)
04/08/09  Senate: Reenrolled
04/08/09  Senate: Signed by President as reenrolled
04/08/09  House: Signed by Speaker as reenrolled
04/08/09  House: Enacted, Chapter 853 (effective 7/1/09)
04/08/09  Governor: Acts of Assembly Chapter text (CHAP0853)