VIRGINIA LAW PORTAL

• Code of Virginia
• Virginia Administrative Code
• Constitution of Virginia
• Charters
• Authorities
• Compacts
• Uncodified Acts
• RIS Users (account required)

SEARCHABLE DATABASES

• Bills & Resolutions
  session legislation
• Bill Summaries
  session summaries
• Reports to the General Assembly
  House and Senate documents
• Legislative Liaisons
  State agency contacts

ACROSS SESSIONS

• Subject Index: Since 1995
• Bills & Resolutions: Since 1994
• Summaries: Since 1994

Developed and maintained by the Division of Legislative Automated Systems.

2004 SESSION

• | print version

HB 1322 Economic Resource Initiative Act; created.

Introduced by: Vincent F. Callahan, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Department of Business Assistance; Virginia Economic Resource Initiative Act. Creates the Virginia Economic Resource Initiative Act to be administered by the Department of Business Assistance as a way of funding economic development projects. The bill sets out the requirements for a "VERI provider" defined as the entity exclusively designated by the Department pursuant to the bill (i) to receive investments from investors for each of the pools, and (ii) to invest each pool in accordance with the directives of the Board to obtain an offset against state income tax liability.

FULL TEXT

• 01/21/04  House: Presented & ordered printed 047367260  pdf | impact statement

HISTORY

• 01/21/04  House: Presented & ordered printed 047367260
• 01/21/04  House: Referred to Committee on General Laws
• 01/28/04  House: Assigned to General Laws sub-committee: 4
• 02/05/04  House: Reported from General Laws (22-Y 0-N)
• 02/05/04  House: Referred to Committee on Finance
• 02/13/04  House: Continued to 2005 in Finance (22-Y 0-N)