VirginiaEnterprise zone grant program; real property investment grants, report.
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 convene a work group to review the utilization of currently designated enterprise zones, make recommendations on renewals or termination of such zones, and report its findings by November 1, 2025.
More detail
The bill contains technical amendments.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Mar 21Acts of Assembly Chapter text (CHAP0250)Latest
- Mar 21Approved by Governor Glenn Youngkin-Chapter 250 (Effective 07/01/25)Became Law
- Mar 11Governor's Action Deadline 11:59 p.m., March 24, 2025To Governor
- Mar 11Enrolled Bill communicated to Governor on March 11, 2025Minor
- Mar 10Signed by PresidentMajor
- Mar 7Signed by SpeakerMajor
- Mar 7Fiscal Impact Statement from Department of Planning and Budget (HB2163)
- Mar 7Bill text as passed House and Senate (HB2163ER)Major
- Mar 7EnrolledMinor
- Feb 20Senate Amendments agreed to by House (94-Y 2-N)Major
- Vote recorded Reconsideration of Passed Senate with substitute block vote agreed to (39-Y 0-N). Result: pass.Upper
- Vote recorded Passed Senate (39-Y 0-N). Result: pass.Upper
- Vote recorded Senate Amendments agreed to by House (94-Y 2-N). Result: pass.Lower
- Vote recorded Senate Amendments agreed to by House (94-Y 1-N). Result: pass.Lower
- Feb 20Reconsideration of Senate amendments agreed to by HouseMajor
- Feb 20Senate Amendments agreed to by House (94-Y 1-N)Major
- Feb 20Passed Senate with amendments (39-Y 0-N)Major
- Feb 20Reconsideration of Senate passage agreed to by Senate (39-Y 0-N)
- Feb 20Passed Senate with amendments (39-Y 0-N)Major
- Feb 20Engrossed by Senate as amended
- Feb 20General Laws and Technology Amendments agreed toMajor
- Feb 20Reading of amendments waived
- Feb 20Read third timeMinor
- Feb 19Passed by for the day
- Vote recorded Constitutional reading dispensed (on 2nd reading) (40-Y 0-N). Result: pass.Upper
- Feb 19Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
- Feb 19Rules suspended
- Feb 17Reported from Finance and Appropriations (14-Y 0-N)Minor
- Vote recorded Reported from Finance and Appropriations (14-Y 0-N). Result: pass.Upper
- Feb 12Reported from General Laws and Technology with amendments and rereferred to Finance and Appropriations (15-Y 0-N)Minor
- Vote recorded Reported from General Laws and Technology with amendments and rereferred to Finance and Appropriations (15-Y 0-N). Result: pass.Upper
- Feb 5Fiscal Impact Statement from Department of Planning and Budget (HB2163)
- Feb 5Referred to Committee on General Laws and TechnologyMinor
- Feb 5Constitutional reading dispensed (on 1st reading)
- Feb 4Passed House (99-Y 0-N)Passed Senate
- Vote recorded Read third time and passed House (97-Y 0-N). Result: pass.Lower
- Vote recorded Passed House (99-Y 0-N). Result: pass.Lower
- Feb 4Reconsideration of passage agreed to by House
- Feb 4Read third time and passed House (97-Y 0-N)Passed House
- Feb 3Engrossed by House - committee substituteMajor
- Feb 3General Laws Substitute agreed to
- Feb 3Read second timeMinor
- Feb 2Read first timeMinor
- Jan 30Committee substitute printed 25106202D-H1Major
- Vote recorded Reported from General Laws with substitute (21-Y 0-N). Result: pass.Lower
- Vote recorded Subcommittee recommends reporting with substitute (8-Y 0-N). Result: pass.Lower
- Jan 30Reported from General Laws with substitute (21-Y 0-N)Minor
- Jan 30Subcommittee recommends reporting with substitute (8-Y 0-N)Major
- Jan 27Fiscal Impact Statement from Department of Planning and Budget (HB2163)
- Jan 27Assigned GL sub: Housing/Consumer ProtectionMinor
- Jan 7Referred to Committee on General LawsMinor
- Jan 7Prefiled and ordered printed; Offered 01-13-2025 25101760DIntroduced