2011 SESSION

Convened January 12, 2011 -

BOND ISSUES

(P) Passed (F) Failed (V) Vetoed (I) Incoporated into other legislation

(C) Carried over from 2010 Session (CD) Carried over but died in committee on or before 12/2/2010

Appeal bond; requirement if defendant’s liability insurance doesn’t provide confirmation of coverage. Amending § 16.1-107. (Patron-Athey, HB 1845 (Chapter 58))

Bonds; public notice issued prior to public hearing shall state use of proceeds. Amending §§ 15.2-2606 and 24.2-687. (Patron-LeMunyon, HB 2004 (Chapter 590))

Higher educational institutions; allows Virginia College Building Authority to issue or acquire credit enhancements to secure payment of bonds issued. Adding §§ 23-30.59 and 23-30.60. (Patron-Morgan, HB 2264 (F); Ruff, SB 1306 (F))

Higher Educational Institutions Bond Act of 2011; created. (Patron-Putney, HB 1505 (Chapter 11); Colgan, SB 801 (Chapter 550))

Land use approvals; if locality has enacted a bonding moratorium, existing performance bonds may be waived or modified by locality. Amending § 15.2-2209.1. (Patron-Lingamfelter, HB 2411 (Chapter 272))

Public infrastructure maintenance bonds; City of Charlottesville may require from developers and property owners. Adding § 15.2-2209.2. (Patron-Toscano, HB 1872 (Chapter 692); Deeds, SB 1231 (Chapter 711))

Virginia College Building Authority; to issue or acquire credit enhancements to secure payment of bonds issued for private institutions of higher education. Adding §§ 23-30.59 and 23-30.60. (Patron-Morgan, HB 1205 (CD); Ruff, SB 454 (CD))

Virginia Public Procurement Act; raises minimum contract amount required for bid, performance, and payment bonds for certain nontransportation-related construction contracts. Amending §§ 2.2-1839, 2.2-4336, and 2.2-4337. (Patron-Villanueva, HB 1951 (Chapter 789))