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2024 SESSION
HB 1178 Commonwealth of Virginia Innovation Partnership Authority; amends membership of board of directors.
Introduced by: Mark D. Sickles | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Commonwealth of Virginia Innovation Partnership Authority; board of directors; membership. Amends the membership of the board of directors of the Commonwealth of Virginia Innovation Partnership Authority by adding four nonlegislative citizen members to increase the total membership to 15 members and removing the position currently held by a director of a technology transfer office or equivalent position from a major research public institution of higher education. The bill (i) provides the Speaker of the House of Delegates the power to appoint four nonlegislative citizen members to the board of directors, (ii) provides the Senate Committee on Rules the power to appoint four nonlegislative citizen members to the board of directors, and (iii) removes such appointment power from the Joint Rules Committee. Finally, the bill prohibits any member of the board from investing personal funds in venture capital activities or grants, loans, or investment programs supported or administered by the Authority.
FULL TEXT
- 01/10/24 House: Prefiled and ordered printed; offered 01/10/24 24100522D pdf | impact statement
- 02/06/24 House: Committee substitute printed 24106267D-H1 pdf | impact statement
- 02/27/24 Senate: Floor substitute printed 24108357D-S1 (Ebbin) pdf | impact statement
- 03/06/24 House: Bill text as passed House and Senate (HB1178ER) pdf | impact statement
AMENDMENTS
- House subcommittee amendments and substitutes offered
- House subcommittee amendments and substitutes adopted
- Governor's veto explanation
HISTORY
- 01/10/24 House: Prefiled and ordered printed; offered 01/10/24 24100522D
- 01/10/24 House: Referred to Committee on General Laws
- 01/26/24 House: Assigned GL sub: Professions/Occupations and Administrative Process
- 02/01/24 House: Subcommittee recommends reporting with substitute (3-Y 2-N)
- 02/06/24 House: Reported from General Laws with substitute (10-Y 9-N)
- 02/06/24 House: Committee substitute printed 24106267D-H1
- 02/08/24 House: Read first time
- 02/09/24 House: Read second time
- 02/09/24 House: Committee substitute agreed to 24106267D-H1
- 02/09/24 House: Engrossed by House - committee substitute HB1178H1
- 02/12/24 House: Read third time and passed House (50-Y 49-N)
- 02/12/24 House: VOTE: Passage (50-Y 49-N)
- 02/13/24 Senate: Constitutional reading dispensed
- 02/13/24 Senate: Referred to Committee on General Laws and Technology
- 02/21/24 Senate: Reported from General Laws and Technology (9-Y 6-N)
- 02/23/24 Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/26/24 Senate: Read third time
- 02/26/24 Senate: Passed Senate (24-Y 16-N)
- 02/26/24 Senate: Reconsideration of Senate passage agreed to by Senate (40-Y 0-N)
- 02/26/24 Senate: Passed by for the day
- 02/27/24 Senate: Read third time
- 02/27/24 Senate: Floor substitute printed 24108357D-S1 (Ebbin)
- 02/27/24 Senate: Reading of substitute waived
- 02/27/24 Senate: Substitute by Senator Ebbin agreed to 24108357D-S1
- 02/27/24 Senate: Engrossed by Senate - floor substitute HB1178S1
- 02/27/24 Senate: Passed Senate with substitute (24-Y 15-N)
- 02/29/24 House: Senate substitute agreed to by House 24108357D-S1 (51-Y 49-N)
- 02/29/24 House: VOTE: Adoption (51-Y 49-N)
- 03/06/24 House: Enrolled
- 03/06/24 House: Bill text as passed House and Senate (HB1178ER)
- 03/06/24 House: Signed by Speaker
- 03/07/24 Senate: Signed by President
- 03/11/24 House: Enrolled Bill communicated to Governor on March 11, 2024
- 03/11/24 Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
- 03/14/24 Governor: Vetoed by Governor
- 04/17/24 House: House sustained Governor's veto