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2017 SESSION

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HB 1973 Economic Development Access Program; bonded projects.

Introduced by: Israel D. O'Quinn | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Economic Development Access Program; bonded projects. Imposes a 48-month moratorium on the repayment of funds allocated to a locality for a bonded project pursuant to the Economic Development Access Program, provided that the conditions of the Commonwealth Transportation Board's economic development access policy are met. The bill has an emergency clause and is identical to SB 1591.

SUMMARY AS PASSED HOUSE:

Economic Development Access Program; bonded projects. Imposes a 48-month moratorium on the repayment of funds allocated to a locality for a bonded project pursuant to the Economic Development Access Program. The bill contains an emergency clause.

SUMMARY AS INTRODUCED:

Economic Development Access Program; bonded projects. Imposes a 36-month moratorium on the repayment of funds allocated to a locality for a bonded project pursuant to the Economic Development Access Program. The bill contains an emergency clause.