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2020 SESSION

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HB 709 Tobacco Indemnification & Community Revitalization Fund; investments in Va. venture capital accts.

Introduced by: Nick Rush | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Tobacco Indemnification and Community Revitalization Fund; investments in Virginia venture capital accounts. Authorizes the Tobacco Region Revitalization Commission to invest up to 10 percent of the available balance from the taxable portion of the Tobacco Indemnification and Community Revitalization Fund as of July 1, 2020, in Virginia venture capital accounts that have been certified by the Department of Taxation.


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