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2017 SESSION

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SB 967 Local industrial development authorities; port authority.

Introduced by: John A. Cosgrove, Jr. | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED SENATE:

Chesapeake Port Authority; Chesapeake Economic Development Authority; transfer of powers. Permits the City Council of Chesapeake to transfer the powers of the Chesapeake Port Authority to the Chesapeake Economic Development Authority. Such transfer has the effect of dissolving the Chesapeake Port Authority.

SUMMARY AS INTRODUCED:

Local industrial development authorities; port authority. Authorizes an industrial development authority or a locality, by ordinance, to create an advisory port authority committee, with powers necessary to operate a port in the locality and promote commerce. The bill expands the definition of "authority facilities" to include port facilities.