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2013 SESSION
HB 593 VEDP; required provisions in economic development agreements.
Introduced by: Donald W. Merricks | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Economic development; Virginia Economic Development Partnership Authority; required provisions in economic development agreements. Requires the Virginia Economic Development Partnership Authority and any locality to include in an economic development agreement a provision requiring the business beneficiary to give Virginia persons, firms, or corporations the opportunity to participate in the procurement of any goods, services, or construction that is or will be solicited by the business entity. Any such procurement shall be based on competitive principles and shall in each instance seek competition to the maximum practical degree.
FULL TEXT
HISTORY
- 01/10/12 House: Prefiled and ordered printed; offered 01/11/12 12100266D
- 01/10/12 House: Referred to Committee on General Laws
- 01/27/12 House: Assigned GL sub: #4 Professions/Occupations and Administrative Process
- 01/31/12 House: Subcommittee recommends continuing to 2013 by voice vote
- 02/02/12 House: Continued to 2013 in General Laws by voice vote
- 11/29/12 House: Left in General Laws