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2007 SESSION

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HB 3171 Economic Development Partnership Authority; General Assembly may appropriate grants thereto.

Introduced by: R. Steven Landes | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Economic Development Partnership Authority. Provides that the General Assembly may appropriate grants to the Authority for use by a nonprofit, public benefit research institute that (i) conducts research and development for government agencies, commercial businesses, foundations, and other organizations and (ii) commercializes technology. The Authority is authorized to create a nonprofit, nonstock corporation to administer the payment of such grants.


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