Virginia 2017 Regular Session Status: Enacted

HB 1968 — Small Business Investment Grant Fund; changes to Fund.

Last action — Approved by Governor-Chapter 383 (effective 7/1/17)

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed House of Delegates
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 10, 2017. Enacted.

Prognosis

Likely to advance 74% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 3 sponsors

    1 primary, 2 co-sponsors signed on.

  • 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.

Bill Text

What changed in the latest version

21 added · 22 removed

Plain-language change summary

The bill was updated to establish the Small Business Investment Grant Fund, which will provide financial grants to support small businesses in Virginia. Key changes include clearly defining eligibility criteria for businesses that can benefit and ensuring that unused funds and earned interest remain within the grant fund instead of reverting to the state’s general fund. This matters because it enhances financial support for small businesses, allowing for more consistent funding and potentially fostering economic growth within the community.

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SESSION history | hilite | pdf | print version VIRGINIA ACTS OF ASSEMBLY -- CHAPTER An Act to amend and reenact § 2.2-1616 of the Code of Virginia, relating to Virginia Small Business Financing Authority;
SESSION history | hilite | pdf | print version CHAPTER 383 An Act to amend and reenact § 2.2-1616 of the Code of Virginia, relating to Virginia Small Business Financing Authority;
[H 1968] Approved   Be it enacted by the General Assembly of Virginia:
[H 1968] Approved March 13, 2017   Be it enacted by the General Assembly of Virginia:
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Action History

  1. Approved by Governor-Chapter 383 (effective 7/1/17)

  2. Governor's Action Deadline Midnight, March 27, 2017

  3. Enrolled Bill communicated to Governor on 2/21/17

  4. Signed by President

  5. Signed by Speaker

  6. Enrolled

  7. Read third time

  8. Referred to Committee on General Laws and Technology

  9. Constitutional reading dispensed

  10. Read third time and passed House BLOCK VOTE (98-Y 0-N)

  11. Read second time and engrossed

  12. Read first time

  13. Assigned GL sub: Subcommittee #4

  14. Referred to Committee on General Laws

  15. Prefiled and ordered printed; offered 01/11/17 17101272D

Sponsors

  • R. Steven Landes · Primary
  • David E. Yancey · Cosponsor
  • Timothy D. Hugo · Cosponsor

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 2 co-sponsors · 145 not signed on

Sponsors (1)

  • R. Steven Landes

Co-sponsors (2)

  • David E. Yancey
  • Timothy D. Hugo

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.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Read third time and passed House BLOCK VOTE

Passed 98 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 98000
Total 98000
% of votes cast 100%0%0%0%
How each member voted (98)
Member Party Vote
Albo — Yea
Campbell — Yea
Collins — Yea
Freitas — Yea
Gilbert — Yea
Heretick — Yea
LaRock — Yea
Landes — Yea
LeMunyon — Yea
Levine — Yea
Orrock — Yea
Plum — Yea
Poindexter — Yea
Tyler — Yea
Villanueva — Yea
Hugo — Yea
Bell, John J. — Yea
Bell, Richard P. — Yea
Bell, Robert B. — Yea
Cox — Yea
Bulova — Yea
Byron — Yea
Cline — Yea
Cole — Yea
Dudenhefer — Yea
Edmunds — Yea
Fariss — Yea
Farrell — Yea
Filler-Corn — Yea
Greason — Yea
Habeeb — Yea
Helsel — Yea
Hester — Yea
Holcomb — Yea
Jones — Yea
Marshall, D.W. — Yea
Marshall, R.G. — Yea
Miller — Yea
Mr. Speaker — Yea
Ingram — Yea
James — Yea
Keam — Yea
Kory — Yea
Lindsey — Yea
Lingamfelter — Yea
Loupassi — Yea
Massie — Yea
Minchew — Yea
Miyares — Yea
Morris — Yea
Mullin — Yea
Murphy — Yea
O'Bannon — Yea
Peace — Yea
Pogge — Yea
Ransone — Yea
Robinson — Yea
Rush — Yea
Stolle — Yea
Toscano — Yea
Yancey — 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
Israel D. O'Quinn — Yea
James A. "Jay" Leftwich — 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

Official roll call →

Subjects

finance labor
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors HB 1968?
HB 1968 is sponsored by R. Steven Landes, David E. Yancey, and Timothy D. Hugo.
What is the current status of HB 1968?
This bill has been enacted into law. Introduced January 10, 2017. Enacted.
Where can I track HB 1968?
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