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1997 SESSION

• | print version

HB 2424 Small Business Growth Fund.

Introduced by: A. Victor Thomas | all patrons    ...    notes | add to my profiles

SUMMARY:

Virginia Small Business Growth Fund. Creates the Virginia Small Business Growth Fund, to be administered and managed by the Virginia Small Business Financing Authority. The Fund would be used as a special reserve fund to cover potential future losses from the loan portfolios of participating banks and lending institutions. It is estimated that an investment of $500,000 by the Commonwealth into the Fund would leverage $10 million in loans, helping more than 200 small Virginia businesses to grow.

FULL TEXT

• 01/20/97  House: Presented & ordered printed 973246761  pdf
• 01/31/97  House: Committee substitute printed 972053180-H1  pdf
• 02/21/97  House: Bill text as passed House and Senate (HB2424ER)  pdf
• 04/02/97  House: Reenrolled bill text (HB2424ER)  pdf
• 04/09/97  Governor: Acts of Assembly Chapter text (CHAP0870)  pdf

AMENDMENTS

• Governor's recommendation

HISTORY

• 01/20/97  House: Presented & ordered printed 973246761
• 01/20/97  House: Referred to Committee on General Laws
• 01/21/97  House: Assigned to General Laws sub-committee: 6
• 01/31/97  House: Reported from General Laws with sub. (22-Y 0-N)
• 01/31/97  House: Committee substitute printed 972053180-H1
• 02/01/97  House: Read first time
• 02/02/97  House: Read second time
• 02/02/97  House: Committee substitute agreed to 972053180-H1
• 02/02/97  House: Engrossed by House - com. sub. 972053180-H1
• 02/03/97  House: Read third time and passed House (Block Vote) (100-Y 0-N)
• 02/03/97  House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
• 02/03/97  House: Communicated to Senate
• 02/04/97  Senate: Constitutional reading dispensed (35-Y 5-N)
• 02/04/97  Senate: Referred to Committee on General Laws
• 02/12/97  Senate: Reported from General Laws (15-Y 0-N)
• 02/13/97  Senate: Const. reading disp., passed by for the day (39-Y 0-N)
• 02/13/97  Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
• 02/13/97  Senate: Reconsideration of passed by for the day (40-Y 0-N)
• 02/13/97  Senate: VOTE: (40-Y 0-N)
• 02/13/97  Senate: Passed by for the day
• 02/14/97  Senate: Read third time
• 02/14/97  Senate: Passed Senate (40-Y 0-N)
• 02/14/97  Senate: VOTE: PASSAGE (40-Y 0-N)
• 02/21/97  House: Bill text as passed House and Senate (HB2424ER)
• 02/26/97  House: Enrolled
• 02/26/97  House: Signed by Speaker
• 02/27/97  Senate: Signed by President
• 03/24/97  House: Governor's recommendation received by House
• 04/02/97  House: House concurred in Gov's rec. (Block Vote) (99-Y 0-N)
• 04/02/97  House: VOTE: BLOCK VOTE ADOPTION (99-Y 0-N)
• 04/02/97  Senate: Senate concurred in Gov's recommendation (39-Y 0-N)
• 04/02/97  Senate: VOTE: (39-Y 0-N)
• 04/02/97  Governor: Governor's recommendation adopted
• 04/02/97  House: Reenrolled
• 04/02/97  House: Reenrolled bill text (HB2424ER)
• 04/02/97  House: Signed by Speaker as reenrolled
• 04/02/97  Senate: Signed by President as reenrolled
• 04/02/97  House: Enacted, Chapter 870 (effective 7/1/97)
• 04/09/97  Governor: Acts of Assembly Chapter text (CHAP0870)