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2024 SESSION

• | print version

HB 468 Financial Services Expansion Grant Fund; established.

Introduced by: Joseph P. McNamara | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Financial Services Expansion Grant Fund. Creates the Financial Services Expansion Grant Fund to make grant payments to an eligible financial services company that makes a capital investment of at least $87 million at a facility in Roanoke County and creates at least 1,100 new full-time jobs at the facility. The eligible financial services company would be eligible for an aggregate of $15 million in grants paid out over a 10-year period if it meets such performance parameters. This bill is identical to SB 156.

FULL TEXT

• 01/08/24  House: Prefiled and ordered printed; offered 01/10/24 24102878D  pdf | impact statement
• 02/28/24  House: Bill text as passed House and Senate (HB468ER)  pdf | impact statement
• 03/14/24  Governor: Acts of Assembly Chapter text (CHAP0091)  pdf

HISTORY

• 01/08/24  House: Prefiled and ordered printed; offered 01/10/24 24102878D
• 01/08/24  House: Referred to Committee on Finance
• 01/17/24  House: Referred from Finance by voice vote
• 01/17/24  House: Referred to Committee on Appropriations
• 01/18/24  House: Assigned App. sub: Commerce Agriculture & Natural Resources
• 01/24/24  House: Subcommittee recommends reporting (8-Y 0-N)
• 01/29/24  House: Reported from Appropriations (21-Y 0-N)
• 01/31/24  House: Read first time
• 02/01/24  House: Read second time and engrossed
• 02/02/24  House: Read third time and passed House BLOCK VOTE (92-Y 0-N)
• 02/02/24  House: VOTE: Block Vote Passage (92-Y 0-N)
• 02/05/24  Senate: Constitutional reading dispensed
• 02/05/24  Senate: Referred to Committee on Finance and Appropriations
• 02/21/24  Senate: Reported from Finance and Appropriations (14-Y 0-N)
• 02/22/24  Senate: Constitutional reading dispensed (40-Y 0-N)
• 02/23/24  Senate: Read third time
• 02/23/24  Senate: Passed Senate (39-Y 0-N)
• 02/28/24  House: Enrolled
• 02/28/24  House: Bill text as passed House and Senate (HB468ER)
• 02/28/24  House: Signed by Speaker
• 03/02/24  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: Approved by Governor-Chapter 91 (effective 7/1/24)
• 03/14/24  Governor: Acts of Assembly Chapter text (CHAP0091)