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2011 SESSION

• | print version

SB 1379 Governor's Development Opportunity Fund; criteria for grants or loans from Fund.

Introduced by: William M. Stanley, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Governor's Development Opportunity Fund; criteria for grants or loans from the fund.  Reduces, among other things, the threshold for private investment and new job creation from $10 million and 100 new jobs to $5 million and at least 50 new jobs, and allows for awards from the Fund for projects with a minimum private investment of $100 million that create at least 25 new jobs. The bill also sets forth new investment and job creation thresholds for projects in fiscally stressed localities. This bill incorporates SB 1050 and is identical to HB 1982.

FULL TEXT

• 01/14/11  Senate: Presented and ordered printed 11101318D  pdf | impact statement
• 01/27/11  Senate: Committee substitute printed 11104789D-S1  pdf | impact statement
• 02/23/11  Senate: Bill text as passed Senate and House (SB1379ER)  pdf | impact statement
• 03/25/11  Governor: Acts of Assembly Chapter text (CHAP0587)  pdf

HISTORY

• 01/14/11  Senate: Presented and ordered printed 11101318D
• 01/14/11  Senate: Referred to Committee on General Laws and Technology
• 01/26/11  Senate: Rereferred from General Laws and Technology (15-Y 0-N)
• 01/26/11  Senate: Rereferred to Finance
• 01/27/11  Senate: Reported from Finance with substitute (13-Y 0-N)
• 01/27/11  Senate: Committee substitute printed 11104789D-S1
• 01/28/11  Senate: Incorporates SB1050
• 01/31/11  Senate: Constitutional reading dispensed (39-Y 0-N)
• 02/01/11  Senate: Read second time
• 02/01/11  Senate: Reading of substitute waived
• 02/01/11  Senate: Committee substitute agreed to 11104789D-S1
• 02/01/11  Senate: Engrossed by Senate - committee substitute SB1379S1
• 02/02/11  Senate: Read third time and passed Senate (40-Y 0-N)
• 02/07/11  House: Placed on Calendar
• 02/07/11  House: Read first time
• 02/07/11  House: Referred to Committee on General Laws
• 02/15/11  House: Reported from General Laws (22-Y 0-N)
• 02/16/11  House: Read second time
• 02/17/11  House: Read third time
• 02/17/11  House: Passed House BLOCK VOTE (98-Y 0-N)
• 02/17/11  House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
• 02/23/11  Senate: Enrolled
• 02/23/11  Senate: Bill text as passed Senate and House (SB1379ER)
• 02/23/11  Senate: Signed by President
• 02/23/11  House: Signed by Speaker
• 03/25/11  Governor: Approved by Governor-Chapter 587 (effective 7/1/11)
• 03/25/11  Governor: Acts of Assembly Chapter text (CHAP0587)