HB 766 Governor's Agriculture and Forestry Industries Development Fund; established, report.
R. Steven Landes | all patrons    ...    notes
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Summary as passed House:

Development Fund.  Creates the Governor's Agriculture and Forestry Industries Development Fund. The bill establishes an economic development grant and loan program targeted specifically at agricultural and forestry operations. Grants and loans will be awarded to support localities' efforts to attract value-added or processing facilities using Virginia-grown products. Under the program, localities will apply for grants or loans after having established a relationship with a new or expanding business. This bill is identical to SB 128.


Summary as introduced:
Development Fund.  Creates the Governor's Agriculture and Forestry Industries Development Fund. The bill establishes an economic development grant program targeted specifically at agricultural and forestry operations. Grants will be awarded to support localities' efforts to attract value-added or processing facilities using Virginia-grown products. Under the program, localities will apply for grants after having established a relationship with a new or expanding business.