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2017 SESSION
SB 1591 Economic Development Access Program; bonded projects.
Introduced by: Charles W. Carrico, Sr. | 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 HB 1973.
SUMMARY AS PASSED SENATE:
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, provided that the conditions of the Commonwealth Transportation Board's economic development access policy are met.
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.