Enterprise zone grant program; real property investment grants, report.
It became law on Mar 21, 2025.
- Stage
- Became law
- Started in
- House
- Latest action
- Mar 21, 2025
What it does
Enterprise zone grant program; work group; report. Changes provisions related to enterprise zone real property investment grants by (i) creating an elevated grant tier on and after July 1, 2025, for major qualified zone investors, defined in the bill, and capping grants for such major qualified zone investors at $300,000 within any five-year period for any individual building or facility and (ii) including child day centers in the definition of qualified real property investments for purposes of enterprise zone real property investment grants. The bill directs the Department of Housing and Community Development to collaborate with the Virginia Economic Development Partnership Authority to…
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
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.