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2002 SESSION

• | print version

SB 296 Health Research Board; powers.

Introduced by: John H. Chichester | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Commonwealth Health Research Board; powers of the Board. Provides that no more than six percent of the moving average of the market value of the Fund calculated over the previous five years, on a one-year delayed basis, net of any administrative fee assessed by the Board of the Virginia Retirement System, may be expended in a calendar year. Current law provides that the annual income of the Fund, excluding gains on the sale of investments, may be expended annually. The bill also authorizes the Board to hire such staff as is necessary and to fix the salaries and compensation of such staff, which shall be paid from the Commonwealth Health Research Fund. The executive secretary to the Board is no longer required to be the Director of the State Council of Higher Education for Virginia.

FULL TEXT

• 01/09/02  Senate: Presented & ordered printed, prefiled 01/08/02 023044408  pdf | impact statement
• 01/24/02  Senate: Printed as engrossed 023044408-E  pdf | impact statement
• 03/09/02  Senate: Bill text as passed Senate and House (SB296ER)  pdf | impact statement
• 04/08/02  Governor: Acts of Assembly Chapter text (CHAP0612)  pdf

AMENDMENTS

• Senate amendments

HISTORY

• 01/09/02  Senate: Presented & ordered printed, prefiled 01/08/02 023044408
• 01/09/02  Senate: Referred to Committee on Finance
• 01/22/02  Senate: Reported from Finance with amendment (16-Y 0-N)
• 01/23/02  Senate: Constitutional reading dispensed (40-Y 0-N)
• 01/23/02  Senate: VOTE: CONST. RDG. DISPENSED R (40-Y 0-N)
• 01/24/02  Senate: Read second time
• 01/24/02  Senate: Reading of amendment waived
• 01/24/02  Senate: Committee amendment agreed to
• 01/24/02  Senate: Engrossed by Senate as amended
• 01/24/02  Senate: Printed as engrossed 023044408-E
• 01/25/02  Senate: Read third time and passed Senate (40-Y 0-N)
• 01/25/02  Senate: VOTE: PASSAGE R (40-Y 0-N)
• 01/25/02  Senate: Communicated to House
• 02/04/02  House: Placed on Calendar
• 02/04/02  House: Read first time
• 02/04/02  House: Referred to Committee on General Laws
• 02/11/02  House: Assigned to General Laws sub-committee: 2
• 02/28/02  House: Reported from General Laws (22-Y 0-N)
• 03/04/02  House: Read second time
• 03/05/02  House: Read third time
• 03/05/02  House: Passed House BLOCK VOTE (99-Y 0-N)
• 03/05/02  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
• 03/09/02  Senate: Bill text as passed Senate and House (SB296ER)
• 03/18/02  Senate: Enrolled
• 03/18/02  House: Signed by Speaker
• 03/19/02  Senate: Signed by President
• 04/06/02  Governor: Approved by Governor-Chapter 612 (effective 7/1/02)
• 04/08/02  Governor: Acts of Assembly Chapter text (CHAP0612)