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2022 SESSION

• | print version

HB 947 Virginia Resources Authority; short-term loans.

Introduced by: M. Keith Hodges | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Resources Authority; short-term loans. Authorizes the Virginia Resources Authority to establish a revolving loan fund to make short-term loans to planning district commissions, with interest not to exceed one percent. Under the bill, the loans provide short-term cash flow to planning district commissions that receive state or federal grants that require the expenditure of funds prior to being reimbursed by grant funds.

FULL TEXT

• 01/12/22  House: Prefiled and ordered printed; offered 01/12/22 22101713D  pdf | impact statement
• 02/09/22  House: Committee substitute printed 22105653D-H1  pdf | impact statement

AMENDMENTS

• House subcommittee amendments and substitutes offered
• House subcommittee amendments and substitutes adopted

HISTORY

• 01/12/22  House: Prefiled and ordered printed; offered 01/12/22 22101713D
• 01/12/22  House: Referred to Committee on Agriculture, Chesapeake and Natural Resources
• 02/04/22  House: Assigned ACNR sub: Chesapeake
• 02/07/22  House: Subcommittee recommends reporting with substitute (10-Y 0-N)
• 02/07/22  House: Subcommittee recommends referring to Committee on Appropriations
• 02/09/22  House: Reported from Agriculture, Chesapeake and Natural Resources with substitute (21-Y 0-N)
• 02/09/22  House: Committee substitute printed 22105653D-H1
• 02/09/22  House: Referred to Committee on Appropriations
• 02/09/22  House: Assigned App. sub: Commerce Agriculture & Natural Resources
• 02/11/22  House: Tabled in Appropriations (18-Y 0-N)