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1996 SESSION
HB 306 Governor's Development Opportunity Fund; created.
Introduced by: R. Creigh Deeds | all patrons ... notes | add to my profiles
SUMMARY:
Governor's Development Opportunity Fund. Repeals the existing "Economic Development Contingency Fund" and the "Governor's Development Closing Fund" in Title 2.1 and replaces them with the new "Governor's Development Opportunity Fund." The new Fund combines characteristics of the statutory funds and the "Governor's Opportunity Fund" found in the general appropriation act, and provides a few new requirements. Most notably, the bill requires the Governor, with the assistance of the Department of Economic Development, to develop objective guidelines and criteria for the use of the Fund, to make periodic reports to the chairmen of the money committees, and to not commit funds beyond the fiscal year in which they are appropriated, except under certain circumstances. The bill is a recommendation of the Blue Ridge Economic Development Commission.
FULL TEXT
- 01/11/96 House: Presented & ordered printed 964135202 pdf
- 02/08/96 House: Committee substitute printed 964448202-H1 pdf
- 03/18/96 House: Bill text as passed House and Senate (HB306ER) pdf
- 04/18/96 Governor: Acts of Assembly Chapter text (CHAP0859) pdf
HISTORY
- 01/11/96 House: Presented & ordered printed 964135202
- 01/11/96 House: Referred to Committee on General Laws
- 01/15/96 House: Assigned to General Laws sub-committee: 2
- 02/08/96 House: Reported from General Laws with sub. (22-Y 0-N)
- 02/08/96 House: Committee substitute printed 964448202-H1
- 02/09/96 House: Read first time
- 02/10/96 House: Read second time
- 02/10/96 House: Committee substitute agreed to 964448202-H1
- 02/10/96 House: Engrossed by House - com. sub. 964448202-H1
- 02/12/96 House: Read third time and passed House (Block Vote) (100-Y 0-N)
- 02/12/96 House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
- 02/12/96 House: Communicated to Senate
- 02/13/96 Senate: Read first time
- 02/13/96 Senate: Referred to Committee on General Laws
- 02/28/96 Senate: Reported from General Laws (15-Y 0-N)
- 02/29/96 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/29/96 Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
- 03/01/96 Senate: Read third time
- 03/01/96 Senate: Passed Senate (40-Y 0-N)
- 03/01/96 Senate: VOTE: PASSAGE (40-Y 0-N)
- 03/18/96 House: Bill text as passed House and Senate (HB306ER)
- 03/25/96 House: Enrolled
- 03/25/96 House: Signed by Speaker
- 03/26/96 Senate: Signed by President
- 04/09/96 Governor: Approved by Governor-Chapter 859 (effective 7/1/96)
- 04/18/96 Governor: Acts of Assembly Chapter text (CHAP0859)