SEARCH SITE

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

2004 SESSION

  • | print version

HB 708 Economic Development Partnership Authority; duties relating to businesses relocating to State.

Introduced by: David A. Nutter | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Economic Development Partnership Authority; duties. Provides that whenever a business proposing to locate or expand within the Commonwealth that was referred to a local or regional economic development authority or organization by the Virginia Economic Development Partnership Authority rejects a Virginia location considered by such business following a site visit, the Virginia Economic Development Partnership Authority shall conduct a post-rejection audit to determine the factors that contributed to the rejection. The post-rejection audit shall include, but not be limited to, operational costs, labor force needs, technology and other infrastructure needs, transportation access, and incentives offered. Copies of the post-rejection audit shall be provided to the director of the affected local or regional economic development authority or organization within 30 days of the rejection.


FULL TEXT

HISTORY