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1999 SESSION


CHAPTER 519
An Act to amend the Code of Virginia by adding a section numbered 2.1-51.39:3, relating to the Secretary of Commerce and Trade; additional duties.
[H 1635]
Approved March 27, 1999

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding a section numbered 2.1-51.39:3 as follows:

§ 2.1-51.39:3. Urban issues; report; identifying nonstate resources; impact of state policies; responsibilities of the Secretary.

A. In order to evaluate and promote the economic potential and development of the urban areas in the Commonwealth, the Secretary shall present biennially in even-numbered years to the General Assembly a report summarizing the major state programs and policies affecting economic growth and stability in these urban areas. The report shall include results related to the Regional Competitiveness Act (§ 15.2-1306 et seq.). All agencies and institutions of the Commonwealth that have responsibility for urban affairs shall assist in the preparation of this report upon request by the Secretary of Commerce and Trade.

B. The Secretary, with the support of the Virginia Liaison Office, shall identify and provide information in the biennial report on federal and private sector sources of funding for projects and programs directed to conditions and opportunities in fiscally stressed urban areas.