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2009 SESSION
SB 1338 Science and technology development and commercialization; promotion thereof in State.
Introduced by: Mark R. Herring | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Promotion of science and technology-based research, development, and commercialization in the Commonwealth. Makes several changes to the Code of Virginia to encourage research, development, and commercialization of advancements in science and technology in the Commonwealth. The bill changes the existing Commonwealth Technology Research Fund to the Commonwealth Research Commercialization Fund to better focus the moneys available under this program to key areas of research and development in the Commonwealth, to emphasize the importance of commercialization of research and development through matching-funds programs and the leveraging of private and federal funds for commercialization activities, and to provide a loan program for the construction of facilities utilized in commercializing qualified research. Additionally, the bill amends the existing qualified equity and subordinated debt investment tax credit to limit its applicability only to companies engaged in science and technology-related businesses, and to encourage investment in companies focused on commercializing research developed at universities. This bill is a recommendation of the Joint Subcommittee Studying Biosciences and Biotechnology in the Commonwealth (House Joint Resolution 248).
FULL TEXT
- 01/14/09 Senate: Prefiled and ordered printed; offered 01/14/09 095979736 pdf | impact statement
- 01/29/09 Senate: Printed as engrossed 095979736-E pdf | impact statement
- 03/09/09 Senate: Bill text as passed Senate and House (SB1338ER) pdf | impact statement
- 04/08/09 Senate: Reenrolled bill text (SB1338ER2) pdf
- 04/08/09 Governor: Acts of Assembly Chapter text (CHAP0853) pdf
AMENDMENTS
- House amendments
- House amendments engrossed
- Senate amendments
- Senate amendments rejected
- Conference amendments
- Governor's recommendation
HISTORY
- 01/14/09 Senate: Prefiled and ordered printed; offered 01/14/09 095979736
- 01/14/09 Senate: Referred to Committee on General Laws and Technology
- 01/21/09 Senate: Reported from General Laws and Technology with amendments (13-Y 0-N)
- 01/23/09 Senate: Constitutional reading dispensed (39-Y 0-N)
- 01/26/09 Senate: Passed by for the day
- 01/27/09 Senate: Passed by for the day
- 01/28/09 Senate: Read second time
- 01/28/09 Senate: Passed by for the day
- 01/29/09 Senate: Read second time
- 01/29/09 Senate: Reading of amendments waived
- 01/29/09 Senate: Committee amendments agreed to
- 01/29/09 Senate: Reading of amendments waived
- 01/29/09 Senate: Amendments Set 1 by Senator Cuccinelli rejected
- 01/29/09 Senate: Reading of amendments waived
- 01/29/09 Senate: Amendments Set 2 by Senator Cuccinelli rejected
- 01/29/09 Senate: Engrossed by Senate as amended SB1338E
- 01/29/09 Senate: Printed as engrossed 095979736-E
- 01/30/09 Senate: Read third time and passed Senate (33-Y 5-N)
- 01/30/09 Senate: Reconsideration of passage agreed to by Senate (39-Y 0-N)
- 01/30/09 Senate: Passed Senate (35-Y 4-N)
- 02/13/09 House: Placed on Calendar
- 02/13/09 House: Read first time
- 02/13/09 House: Referred to Committee on Science and Technology
- 02/18/09 House: Reported from Science and Technology with amendments (21-Y 0-N)
- 02/20/09 House: Read second time
- 02/23/09 House: Passed by for the day
- 02/24/09 House: Read third time
- 02/24/09 House: Committee amendments agreed to
- 02/24/09 House: Engrossed by House as amended
- 02/24/09 House: Passed House with amendments BLOCK VOTE (99-Y 0-N)
- 02/24/09 House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
- 02/25/09 Senate: Passed by temporarily
- 02/25/09 Senate: Passed by for the day
- 02/26/09 Senate: Passed by temporarily
- 02/26/09 Senate: House amendments rejected by Senate (10-Y 28-N)
- 02/26/09 House: House insisted on amendments
- 02/26/09 House: House requested conference committee
- 02/26/09 Senate: Senate acceded to request (38-Y 0-N)
- 02/26/09 House: Conferees appointed by House
- 02/26/09 House: Delegates: O'Bannon, Nixon, Sickles
- 02/26/09 Senate: Conferees appointed by Senate
- 02/26/09 Senate: Senators: Herring, Vogel, McEachin
- 02/28/09 Senate: Conference report agreed to by Senate (38-Y 2-N)
- 02/28/09 House: Conference report agreed to by House (99-Y 0-N)
- 02/28/09 House: VOTE: --- ADOPTION (99-Y 0-N)
- 03/09/09 Senate: Enrolled
- 03/09/09 Senate: Bill text as passed Senate and House (SB1338ER)
- 03/09/09 Senate: Signed by President
- 03/11/09 House: Signed by Speaker
- 03/30/09 Senate: Governor's recommendation received by Senate
- 04/07/09 Senate: Placed on Calendar
- 04/08/09 Senate: Senate concurred in Governor's recommendation (39-Y 0-N)
- 04/08/09 House: House concurred in Governor's recommendation (98-Y 0-N)
- 04/08/09 House: VOTE: --- ADOPTION (98-Y 0-N)
- 04/08/09 Governor: Governor's recommendation adopted
- 04/08/09 Senate: Reenrolled bill text (SB1338ER2)
- 04/08/09 Senate: Reenrolled
- 04/08/09 Senate: Signed by President as reenrolled
- 04/08/09 House: Signed by Speaker as reenrolled
- 04/08/09 House: Enacted, Chapter 853 (effective 7/1/09)
- 04/08/09 Governor: Acts of Assembly Chapter text (CHAP0853)