Revises provisions relating to economic development. (BDR 18-879)
Summary
AN ACT relating to economic development; creating the Volens et Potens Committee; prescribing the duties of the Committee; requiring the Committee to cause the formation of a nonprofit corporation, the purpose of which is to act as a limited partner of the Volens et Potens Investment Fund; requiring the nonprofit corporation to be governed by the Volens et Potens Infrastructure Board; authorizing the Office of Economic Development to approve applications for tax credits submitted by persons who contribute money to the Board; and providing other matters properly relating thereto.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2019
Committee Review
Floor Vote
Governor
Introduced Mar 21, 2019
Last action Jun 4, 2019
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
2
Apr 15, 2019
Senate · Referred to committee
From committee: Re-refer to Committee on Finance.
Re-referred to Committee on Finance. To committee.
Exemption effective.
Mar 22, 2019
Senate · Reported by committee
From printer. To committee.
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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