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2023 SESSION

  • print version
(HB1842)

GOVERNOR'S RECOMMENDATION

 

    1. Line 24, enrolled, after least

      strike

        250

      insert

        500

    2. Line 34, enrolled, after for the

      strike

        the remainder of line 34 and through Commonwealth on line 35

      insert

        locality

      insert

        , shall include an overview of eligible expenses and payment schedules, including a detailed listing of administrative expenses eligible for reimbursement from the Fund,

    4. Line 81, enrolled, after B,

      insert

        the Authority and the Department shall notify

    5. Line 82, enrolled, after located

      strike

        the remainder of line 82 and through Program on line 83

      insert

        of the Commonwealth's interest in purchasing or optioning the site. Upon receipt of such notice, the locality or its economic development authority may elect, within 14 days of receipt of such notice, to attempt to purchase or option such site in lieu of the Department. If the locality or its economic development authority elects to attempt to purchase or option such site, but does not within 90 days of such election either (i) purchase or option such site or (ii) have a contract in place indicating an intent to purchase or option such site, the Department may purchase the site pursuant to subsection B

    6. Line 86, enrolled, after Fund,

      insert

        an itemized list of administrative costs incurred by the Program,

    7. Line 100, enrolled, after chapter

      insert

        , which may include administrative costs for due diligence, site acquisition activities, or site development activities, as those terms are defined in § 2.2-2760