SB 458 — Microloans for Veterans Program and Fund; created.
Last action — Left in Appropriations
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✓Introduced
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✓In Committee
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3Passed Senate
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4Passed House of Delegates
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5To Executive
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6Enacted
This bill died with 2020 Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Microloans for Veterans Program and Fund; creation and administration. Creates the Microloans for Veterans Program and Fund to be administered by the Virginia Small Business Financing Authority (the Authority). The bill directs the Virginia Community College System, working with the Authority and other state agencies, to develop a curriculum to provide education and mentorship to veterans. The Authority is authorized to issue loans of up to $10,000 to veterans who agree to participate in such curriculum and meet other requirements (tier 1 loans). The Authority is authorized to issue loans of up to $50,000 to veterans who have completed the requirements associated with a tier 1 loan and agree to meet advanced education and mentorship requirements (tier 2 loans). The provisions of the bill are contingent on funding in a general appropriation act.
Bill Text
What changed in the latest version
1 added · 1 removedPlain-language change summary
In the latest version of Bill SB 458, a specific line was added that likely introduces new or updated requirements or provisions, while another line was removed, possibly eliminating outdated or unnecessary text. This change matters because it can impact how the bill is implemented or interpreted, potentially affecting the stakeholders involved. Overall, these adjustments aim to enhance clarity and ensure the bill aligns better with current needs or regulations.
74.220.50.4874.220.50.216
View plain text versions (2)
- Committee Substitute Engrossed by Senate - committee substitute SB458S1 Current html January 29, 2020
- Committee Substitute Engrossed by Senate - committee substitute SB458S1 html January 07, 2020
Action History
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Left in Appropriations
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Referred to Committee on Appropriations
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Reported from General Laws with amendments (20-Y 1-N)
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Subcommittee recommends referring to Committee on Appropriations
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Subcommittee recommends reporting with amendments (8-Y 0-N)
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House subcommittee amendments and substitutes offered
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Assigned GL sub: Open Government/Procurement
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Referred to Committee on General Laws
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Read first time
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Placed on Calendar
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Impact statement from DPB (SB458S1)
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Read third time and passed Senate (40-Y 0-N)
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Engrossed by Senate - committee substitute SB458S1
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Committee substitute agreed to 20106335D-S1
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Reading of substitute waived
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Read second time
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Constitutional reading dispensed (37-Y 0-N)
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Committee substitute printed 20106335D-S1
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Reported from Finance and Appropriations with substitute (16-Y 0-N)
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Moved from Finance to Finance and Appropriations due to a change of the committee name
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Referred to Committee on Finance and Appropriations
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Prefiled and ordered printed; offered 01/08/20 20102175D
Sponsors
- Bryce E. Reeves · Primary
- Todd E. Pillion · Cosponsor
- Amanda F. Chase · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 2 co-sponsors · 145 not signed on · 1 voted No
Sponsors (1)
Co-sponsors (2)
Not signed on (145)
145 members have not signed on to this bill.
Show all 145 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
Roll call published as PDF — view source.
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 20 | 1 | 0 | 1 |
| Total | 20 | 1 | 0 | 1 |
| % of votes cast | 91% | 5% | 0% | 5% |
How each member voted (22)
| Member | Party | Vote |
|---|---|---|
| Brewer, Emily M. | — | Yea |
| Adams, Dawn M. | — | Yea |
| Aird, Lashrecse D. | — | Yea |
| Betsy B. Carr | — | Yea |
| Bulova, David L. | — | Yea |
| Cole, Mark L. | — | Nay |
| Convirs-Fowler, Kelly K. | — | Not Voting |
| Fowler, Hyland F."Buddy," Jr. | — | Yea |
| Hurst, Chris L. | — | Yea |
| James A. "Jay" Leftwich | — | Yea |
| James W. Morefield | — | Yea |
| Kathy K.L. Tran | — | Yea |
| Knight, Barry D. | — | Yea |
| Luke E. Torian | — | Yea |
| Marcia S. "Cia" Price | — | Yea |
| Marcus B. Simon | — | Yea |
| Miyares, Jason S. | — | Yea |
| Murphy, Kathleen | — | Yea |
| Paul E. Krizek | — | Yea |
| Schuyler T. VanValkenburg | — | Yea |
| Thomas C. Wright, Jr. | — | Yea |
| Wampler, William C., III | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 8 | 0 | 0 | 1 |
| Total | 8 | 0 | 0 | 1 |
| % of votes cast | 89% | 0% | 0% | 11% |
How each member voted (9)
| Member | Party | Vote |
|---|---|---|
| Adams, Dawn M. | — | Yea |
| Betsy B. Carr | — | Yea |
| Bulova, David L. | — | Not Voting |
| James A. "Jay" Leftwich | — | Yea |
| Kathy K.L. Tran | — | Yea |
| Knight, Barry D. | — | Yea |
| Miyares, Jason S. | — | Yea |
| Murphy, Kathleen | — | Yea |
| Paul E. Krizek | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 40 | 0 | 0 | 0 |
| Total | 40 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (40)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 37 | 0 | 0 | 3 |
| Total | 37 | 0 | 0 | 3 |
| % of votes cast | 93% | 0% | 0% | 8% |
How each member voted (40)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 16 | 0 | 0 | 0 |
| Total | 16 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (16)
| Member | Party | Vote |
|---|---|---|
| McClellan, Jennifer L. | — | Yea |
| Barker, George L. | — | Yea |
| David W. Marsden | — | Yea |
| Ebbin, Adam P. | — | Yea |
| Edwards, John S. | — | Yea |
| Hanger, Emmett W., Jr. | — | Yea |
| Howell, Janet D. | — | Yea |
| L. Louise Lucas | — | Yea |
| Mamie E. Locke | — | Yea |
| Newman, Stephen D. | — | Yea |
| Norment, Thomas K., Jr. | — | Yea |
| Petersen, J. Chapman | — | Yea |
| R. Creigh Deeds | — | Yea |
| Ruff, Frank M., Jr. | — | Yea |
| Saslaw, Richard L. | — | Yea |
| Vogel, Jill Holtzman | — | Yea |
Subjects
Frequently asked questions
- What does SB 458 do?
- Microloans for Veterans Program and Fund; creation and administration. Creates the Microloans for Veterans Program and Fund to be administered by the Virginia Small Business Financing Authority (the Authority). The bill directs the Virginia Community College System, working with the Authority and other state agencies, to develop a curriculum to provide education and mentorship to veterans. The Authority is authorized to issue loans of up to $10,000 to veterans who agree to participate in such curriculum and meet other requirements (tier 1 loans). The Authority is authorized to issue loans of up to $50,000 to veterans who have completed the requirements associated with a tier 1 loan and agree to meet advanced education and mentorship requirements (tier 2 loans). The provisions of the bill are contingent on funding in a general appropriation act.
- Who sponsors SB 458?
- SB 458 is sponsored by Bryce E. Reeves, Todd E. Pillion, and Chase, Amanda F..
- What is the current status of SB 458?
- This bill died with 2020 Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track SB 458?
- Track SB 458 free on One Click Politics — get push/email alerts when it moves.
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