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2020 SESSION
HB 1505 Small Business and Supplier Diversity, Department of; small business grant funds.
Introduced by: Clinton L. Jenkins | all patrons ... notes | add to my profiles
SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION: (all summaries)
Department of Small Business and Supplier Diversity; small business grant funds. Repeals the Small Business Jobs Grant Fund Program. Under the bill, any cash balances in the Small Business Jobs Grant Fund will be transferred to the Small Business Investment Grant Fund. The bill decreases the amount of an eligible grant under the Small Business Investment Grant Fund from the lesser of 50 percent of the qualified investment or $50,000 to the lesser of 25 percent of the qualified investment or $50,000. The bill also allows the Virginia Small Business Financing Authority to utilize the any cash balances transferred from the Small Business Jobs Grant Fund to the Small Business Investment Grant Fund to implement a grant program for certain small businesses affected by the novel coronavirus (COVID-19) pandemic public health crisis during the period for which the Governor has declared a state of emergency. The bill contains an emergency clause.
FULL TEXT
- 01/08/20 House: Presented and ordered printed 20102908D pdf | impact statement
- 03/06/20 House: Bill text as passed House and Senate (HB1505ER) pdf | impact statement
- 04/22/20 House: Reenrolled bill text (HB1505ER2) pdf
- 04/22/20 Governor: Acts of Assembly Chapter text (CHAP1234) pdf
AMENDMENTS
HISTORY
- 01/08/20 House: Presented and ordered printed 20102908D
- 01/08/20 House: Referred to Committee on General Laws
- 01/17/20 House: Assigned GL sub: Open Government/Procurement
- 02/04/20 House: Subcommittee recommends reporting (8-Y 0-N)
- 02/06/20 House: Reported from General Laws (18-Y 2-N)
- 02/09/20 House: Read first time
- 02/10/20 House: Read second time and engrossed
- 02/11/20 House: Read third time and passed House (84-Y 15-N)
- 02/11/20 House: VOTE: Passage (84-Y 15-N)
- 02/12/20 Senate: Constitutional reading dispensed
- 02/12/20 Senate: Referred to Committee on General Laws and Technology
- 02/27/20 Senate: Reported from General Laws and Technology (12-Y 0-N)
- 03/02/20 Senate: Constitutional reading dispensed (39-Y 0-N)
- 03/03/20 Senate: Read third time
- 03/03/20 Senate: Passed Senate (40-Y 0-N)
- 03/06/20 House: Enrolled
- 03/06/20 House: Bill text as passed House and Senate (HB1505ER)
- 03/06/20 House: Signed by Speaker
- 03/06/20 Senate: Signed by President
- 03/12/20 House: Enrolled Bill communicated to Governor on March 12, 2020
- 03/12/20 Governor: Governor's Action Deadline 11:59 p.m., April 11, 2020
- 04/11/20 House: Governor's recommendation received by House
- 04/22/20 House: Placed on Calendar
- 04/22/20 House: House concurred in Governor's recommendation (73-Y 13-N 5-A)
- 04/22/20 House: VOTE: (73-Y 13-N 5-A)
- 04/22/20 Senate: Senate concurred in Governor's recommendation (40-Y 0-N)
- 04/22/20 Senate: Reconsideration of Governor's recommendation agreed to (38-Y 1-N)
- 04/22/20 Senate: Senate concurred in Governor's recommendation (40-Y 0-N)
- 04/22/20 Governor: Governor's recommendation adopted
- 04/22/20 House: Reenrolled
- 04/22/20 House: Reenrolled bill text (HB1505ER2)
- 04/22/20 House: Signed by Speaker as reenrolled
- 04/22/20 Senate: Signed by President as reenrolled
- 04/22/20 House: Enacted, Chapter 1234 (effective 4/22/20)
- 04/22/20 Governor: Acts of Assembly Chapter text (CHAP1234)