Virginia Tobacco Region Revolving Fund; revises definition of project.
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SB 1463 — Virginia Tobacco Region Revolving Fund; revises definition of project.
Last action — Enacted, Chapter 254 (effective 7/1/17)
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House of Delegates
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced January 16, 2017. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Cleared a recorded vote
Passed 7 recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
Defines "equity" under the Virginia Tobacco Region Revolving Fund to mean any contribution to a project other than debt financing, including a federal, state, or local grant, except that the grant shall not be a Virginia Tobacco Region Revitalization Commission grant. The bill includes in the definition of "project" any other proposal recommended for evaluation and disbursement by the Commission and credit approved by the Virginia Resources Authority, subject to such conditions and policies as agreed to by the Commission and the Authority. Projects other than those defined in § 62.1-199 shall be eligible to borrow from the Fund only in the event that other funding for the project equal to 25 percent of the total cost of the project is available through equity.
Bill Text
What changed in the latest version
17 added · 18 removedPlain-language change summary
The recent amendment to SB 1463 updates the legal language regarding the Virginia Tobacco Region Revolving Fund. Most notably, it clarifies the definition of what constitutes a "project" eligible for funding. These changes are significant because they ensure that the criteria for project funding are current and comprehensive, which can help local governments better plan and finance development initiatives in the region.
SESSION history | hilite | pdf | print version CHAPTERVIRGINIA 254ACTS OF ASSEMBLY -- CHAPTER An Act to amend and reenact § 3.2-3112 of the Code of Virginia, relating to the Virginia Tobacco Region Revolving Fund;
[S 1463] Approved February 24, 2017 Be it enacted by the General Assembly of Virginia:
View plain text versions (5)
- Enrolled Senate: Reenrolled bill text (SB1463ER2) Current html February 24, 2017
- Governor: Acts of Assembly Chapter text (CHAP0254) View text html February 24, 2017
- Substitute Senate: Governor's substitute printed 17105701D-S1 html February 21, 2017
- Senate: Bill text as passed Senate and House (SB1463ER) View text html February 13, 2017
- Senate: Presented and ordered printed 17103393D View text html January 16, 2017
Action History
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Enacted, Chapter 254 (effective 7/1/17)
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Signed by Speaker as reenrolled
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Signed by President as reenrolled
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Reenrolled bill text (SB1463ER2)
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Reenrolled
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Governor's recommendation adopted
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House concurred in Governor's recommendation (92-Y 0-N)
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Governor's substitute printed 17105701D-S1
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Governor's recommendation received by Senate
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Governor's Action Deadline Midnight, February 21, 2017
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Enrolled Bill Communicated to Governor on 2/14/17
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Signed by Speaker
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Signed by President
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Enrolled
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Passed House BLOCK VOTE (95-Y 0-N)
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Read third time
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Read second time
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Referred to Committee on Agriculture, Chesapeake and Natural Resources
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Read first time
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Placed on Calendar
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Read second time and engrossed
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Referred to Committee on Finance
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Presented and ordered printed 17103393D
Sponsors
- Ruff, Frank M., Jr. · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 147 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (147)
147 members have not signed on to this bill.
Show all 147 →"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
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 92 | 0 | 0 | 0 |
| Total | 92 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (92)
Roll call published as PDF — view source.
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 95 | 0 | 0 | 0 |
| Total | 95 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (95)
| Member | Party | Vote |
|---|---|---|
| Albo | — | Yea |
| Byron | — | Yea |
| Cole | — | Yea |
| Collins | — | Yea |
| Farrell | — | Yea |
| Freitas | — | Yea |
| Gilbert | — | Yea |
| LaRock | — | Yea |
| Landes | — | Yea |
| LeMunyon | — | Yea |
| Levine | — | Yea |
| Villanueva | — | Yea |
| Yancey | — | Yea |
| Bell, John J. | — | Yea |
| Bell, Richard P. | — | Yea |
| Bell, Robert B. | — | Yea |
| Cox | — | Yea |
| Jones | — | Yea |
| Marshall, D.W. | — | Yea |
| Marshall, R.G. | — | Yea |
| Miller | — | Yea |
| Bourne | — | Yea |
| Bulova | — | Yea |
| Cline | — | Yea |
| Dudenhefer | — | Yea |
| Edmunds | — | Yea |
| Fariss | — | Yea |
| Filler-Corn | — | Yea |
| Greason | — | Yea |
| Helsel | — | Yea |
| Heretick | — | Yea |
| Hester | — | Yea |
| Holcomb | — | Yea |
| Hugo | — | Yea |
| Ingram | — | Yea |
| James | — | Yea |
| Keam | — | Yea |
| Kory | — | Yea |
| Lindsey | — | Yea |
| Lingamfelter | — | Yea |
| Loupassi | — | Yea |
| Massie | — | Yea |
| Miyares | — | Yea |
| Morris | — | Yea |
| Mullin | — | Yea |
| Murphy | — | Yea |
| O'Bannon | — | Yea |
| Orrock | — | Yea |
| Peace | — | Yea |
| Mr. Speaker | — | Yea |
| Pogge | — | Yea |
| Poindexter | — | Yea |
| Ransone | — | Yea |
| Robinson | — | Yea |
| Rush | — | Yea |
| Stolle | — | Yea |
| Toscano | — | Yea |
| Tyler | — | Yea |
| Yost | — | Yea |
| Alfonso H. Lopez | — | Yea |
| Barry D. Knight | — | Yea |
| Betsy B. Carr | — | Yea |
| C.E. Cliff Hayes, Jr. | — | Yea |
| Charniele L. Herring | — | Yea |
| Christopher T. Head | — | Yea |
| Delores L. McQuinn | — | Yea |
| Hyland F. "Buddy" Fowler, Jr. | — | Yea |
| James A. "Jay" Leftwich | — | Yea |
| James W. Morefield | — | Yea |
| Jeion A. Ward | — | Yea |
| Jennifer B. Boysko | — | Yea |
| Jessica L. Anderson | — | Yea |
| Kimberly Pope Adams | — | Yea |
| Lamont Bagby | — | Yea |
| Lashrecse D. Aird | — | Yea |
| Luke E. Torian | — | Yea |
| M. Keith Hodges | — | Yea |
| Marcia S. "Cia" Price | — | Yea |
| Marcus B. Simon | — | Yea |
| Mark D. Sickles | — | Yea |
| Michael J. Webert | — | Yea |
| Patrick A. Hope | — | Yea |
| Paul E. Krizek | — | Yea |
| R. Lee Ware | — | Yea |
| Richard C. "Rip" Sullivan, Jr. | — | Yea |
| Robert S. Bloxom, Jr. | — | Yea |
| Sam Rasoul | — | Yea |
| Terry G. Kilgore | — | Yea |
| Terry L. Austin | — | Yea |
| Thomas A. Garrett, Jr. | — | Yea |
| Thomas C. Wright, Jr. | — | Yea |
| Todd E. Pillion | — | Yea |
| Tony O. Wilt | — | Yea |
| Vivian E. Watts | — | Yea |
| Will Davis | — | Yea |
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Subjects
Frequently asked questions
- What does SB 1463 do?
- Defines "equity" under the Virginia Tobacco Region Revolving Fund to mean any contribution to a project other than debt financing, including a federal, state, or local grant, except that the grant shall not be a Virginia Tobacco Region Revitalization Commission grant. The bill includes in the definition of "project" any other proposal recommended for evaluation and disbursement by the Commission and credit approved by the Virginia Resources Authority, subject to such conditions and policies as agreed to by the Commission and the Authority. Projects other than those defined in § 62.1-199 shall be eligible to borrow from the Fund only in the event that other funding for the project equal to 25 percent of the total cost of the project is available through equity.
- Who sponsors SB 1463?
- SB 1463 is sponsored by Ruff, Frank M., Jr..
- What is the current status of SB 1463?
- This bill has been enacted into law. Introduced January 16, 2017. Enacted.
- Where can I track SB 1463?
- Track SB 1463 free on One Click Politics — get push/email alerts when it moves.
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