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Virginia Economic Development Partnership Authority; eligible site for site development grant.

It became law on Apr 4, 2024.

VA HB 233 · House Bill · 2024

Stage
Became law
Started in
House
Sponsors
Latest action
Apr 4, 2024

What it does

Virginia Economic Development Partnership Authority; eligible site for site development grant; minimum acreage requirement. Allows the Virginia Economic Development Partnership Authority to determine a site of at least 50 but less than 100 acres to be eligible to receive a site development grant from the Virginia Business Ready Sites Program Fund. The reduced acreage requirement shall apply only to sites which (i) are located in GO Virginia regions 1 or 2, (ii) are located in a locality or region in which topographic or environmental factors constrain the availability of viable sites for economic development, (iii) present a unique economic development opportunity based on infrastructure,…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Apr 4, 2024

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

It is law in Virginia. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

Virginia Economic Development Partnership Authority; eligible site for site development grant. | 52