HB 304 Export Loan Guaranty Fund; created.
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Summary:
Virginia Export Loan Guaranty Fund. Creates the Virginia Export Loan Guaranty Fund, to be administered and managed by the Virginia Small Business Financing Authority (VSBFA). The Fund will permit VSBFA percent of the principal amount of commercial loans, up to a maximum of one million dollars, made by a lender for the purpose of facilitating the sale of goods, products, or services outside of the United States by (i) persons, firms, or corporations located in Virginia or (ii) persons, firms, or corporations located outside of Virginia, so long as such nonresident person, firm, or corporation utilizes a Virginia air, land, or sea port to ship such goods, products, or services. The bill is a recommendation of the Blue Ridge Economic Development Commission.

Full text:
01/11/96  House: Presented & ordered printed 964118468  pdf
02/10/96  House: Printed as engrossed 964118468-E  pdf
03/06/96  House: Bill text as passed House and Senate (HB304ER)  pdf

Amendments:
House amendments
Governor's recommendation
Governor's veto explanation

Status:
01/11/96  House: Presented & ordered printed 964118468
01/11/96  House: Referred to Committee on General Laws
01/15/96  House: Assigned to General Laws sub-committee: 6
02/08/96  House: Reported from General Laws with amd. (22-Y 0-N)
02/09/96  House: Read first time
02/10/96  House: Read second time
02/10/96  House: Committee amendment agreed to
02/10/96  House: Engrossed by House as amended
02/10/96  House: Printed as engrossed 964118468-E
02/12/96  House: Read third time and passed House (Block Vote) (100-Y 0-N)
02/12/96  House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
02/12/96  House: Communicated to Senate
02/13/96  Senate: Read first time
02/13/96  Senate: Referred to Committee on General Laws
02/21/96  Senate: Reported from General Laws (15-Y 0-N)
02/22/96  Senate: Constitutional reading dispensed (39-Y 0-N)
02/22/96  Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
02/23/96  Senate: Read third time
02/23/96  Senate: Passed Senate (39-Y 0-N)
02/23/96  Senate: VOTE: PASSAGE (39-Y 0-N)
02/23/96  Senate: Rec. of passage agreed to by Senate (40-Y 0-N)
02/23/96  Senate: VOTE: (40-Y 0-N)
02/23/96  Senate: Passed Senate (40-Y 0-N)
02/23/96  Senate: VOTE: PASSAGE (40-Y 0-N)
03/06/96  House: Bill text as passed House and Senate (HB304ER)
03/11/96  House: Enrolled
03/11/96  House: Signed by Speaker
03/11/96  Senate: Signed by President
04/10/96  House: Governor's recommendation received by House
04/17/96  House: House rejected Gov's recommendation (38-Y 59-N)
04/17/96  House: VOTE: ADOPTION (38-Y 59-N)
04/17/96  House: Motion to pass bill in enrolled form rejected (59-Y 40-N)
04/17/96  House: VOTE: ADOPTION (59-Y 40-N)
04/17/96  House: Communicated to Governor
05/06/96  Governor: Vetoed by Governor