HB 1752 Virginia Economic Development Partnership Authority (VEDP); grants and other economic incentives.
Glenn R. Davis | all patrons    ...    notes
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Summary as introduced:
Virginia Economic Development Partnership Authority (VEDP); grants and other economic incentive programs administered by the Virginia Economic Development Partnership Authority; waiver. Provides that notwithstanding any provision of law or applicable VEDP guidelines, a political subdivision or eligible business, as the case may be, may request a waiver that permits it to use no more than one-quarter of the grant or loan from any fund administered by VEDP for a purpose indirectly related to the economic development project for which the grant or loan was awarded. The bill provides that any request for a waiver shall be submitted to the VEDP or the Secretary of Commerce and Trade, as appropriate, for approval and provides that no such waiver shall be granted unless also approved by the Governor. The bill contains technical amendments.

Full text:
01/08/17  House: Prefiled and ordered printed; offered 01/11/17 17103000D  pdf | impact statement

Status:
01/08/17  House: Prefiled and ordered printed; offered 01/11/17 17103000D
01/08/17  House: Referred to Committee on Appropriations
01/12/17  House: Assigned App. sub: Commerce, Agriculture, Natural Resources and Technology
01/25/17  House: Subcommittee recommends laying on the table by voice vote
02/08/17  House: Left in Appropriations