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2022 SESSION
HB 947 Virginia Resources Authority; short-term loans.
Introduced by: M. Keith Hodges | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Virginia Resources Authority; short-term loans. Authorizes the Virginia Resources Authority to establish a revolving loan fund to make short-term loans to planning district commissions, with interest not to exceed one percent. Under the bill, the loans provide short-term cash flow to planning district commissions that receive state or federal grants that require the expenditure of funds prior to being reimbursed by grant funds.
FULL TEXT
- 01/12/22 House: Prefiled and ordered printed; offered 01/12/22 22101713D pdf | impact statement
- 02/09/22 House: Committee substitute printed 22105653D-H1 pdf | impact statement
AMENDMENTS
- House subcommittee amendments and substitutes offered
- House subcommittee amendments and substitutes adopted
HISTORY
- 01/12/22 House: Prefiled and ordered printed; offered 01/12/22 22101713D
- 01/12/22 House: Referred to Committee on Agriculture, Chesapeake and Natural Resources
- 02/04/22 House: Assigned ACNR sub: Chesapeake
- 02/07/22 House: Subcommittee recommends reporting with substitute (10-Y 0-N)
- 02/07/22 House: Subcommittee recommends referring to Committee on Appropriations
- 02/09/22 House: Reported from Agriculture, Chesapeake and Natural Resources with substitute (21-Y 0-N)
- 02/09/22 House: Committee substitute printed 22105653D-H1
- 02/09/22 House: Referred to Committee on Appropriations
- 02/09/22 House: Assigned App. sub: Commerce Agriculture & Natural Resources
- 02/11/22 House: Tabled in Appropriations (18-Y 0-N)