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2007 SESSION

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SB 1209 Economic Development Partnership; manufacturer to receive payments, Investment Performance Grants.

Introduced by: Emmett W. Hanger, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Economic Development Partnership; Virginia Investment Performance Grants.  Allows an eligible manufacturer or research and development service to begin receiving incentive payments under the Virginia Investment Performance Grants subfund in the third year instead of the fourth year. In addition, the bill allows such payments to be made in the second year instead of the third year for distressed areas.


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