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2022 SESSION

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HB 476 Retail Small Business Grant Program and Fund; created.

Introduced by: Kathleen Murphy | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Retail Small Business Grant Program and Fund. Establishes the Retail Small Business Grant Program and Fund to support existing Virginia small businesses, attract new businesses, increase the Commonwealth's tax base, create new job opportunities for Virginia residents, and enhance commercial activity in Virginia. The bill provides that an eligible Virginia small business, defined in the bill, is eligible for grants of up to $50,000. The total amount of grants awarded in a fiscal year is capped at $10 million.


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