5a13be122b
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
90 lines
5.3 KiB
Markdown
90 lines
5.3 KiB
Markdown
---
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type: "Bill"
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title: "Small Business Jobs Grant Fund Program; reduces minimum percentage of revenues."
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description: "Reduces from 50 percent to 35 percent the minimum percentage of revenues that a small business must derive from out-of-state sources in order to be eligible for grants from the Small Business Jobs Grant Fund Program. The bill reduces from $100,000 to $50,000 the minimum new capital investment that a company is required to make to be eligible for assistance under the Program. Finally, the bill changes the definition of small business for purposes of the Program from a company that has 250 or fewer employees to one that has 50 or fewer employees in its base year and average annual gross receipts of $3 million or less averaged over the previous 24-month period."
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jurisdiction: "us/states/va"
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legislature: "Virginia General Assembly"
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session: "2017"
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identifier: "HB 1969"
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citation: "Virginia HB 1969 (2017)"
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classification: ["bill"]
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subjects: ["Administration of Government", "Trade and Commerce"]
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status: "enacted"
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primary_sponsors: ["R. Steven Landes"]
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version_count: 4
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action_count: 18
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vote_count: 8
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first_action: "2017-01-10"
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last_action: "2017-03-03"
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source: "openstates"
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source_identifier: "ocd-bill/04b25b14-8a39-40d6-9ce1-44e516731536"
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source_url: "http://lis.virginia.gov/cgi-bin/legp604.exe?171+sum+HB1969"
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source_hash: "f7f5d8ebafdf146b066d77994f72b686677b3d06ca1750b694d6cd80ea0881ed"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-va"]
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---
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# Virginia HB 1969 (2017) — Small Business Jobs Grant Fund Program; reduces minimum percentage of revenues.
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Reduces from 50 percent to 35 percent the minimum percentage of revenues that a small business must derive from out-of-state sources in order to be eligible for grants from the Small Business Jobs Grant Fund Program. The bill reduces from $100,000 to $50,000 the minimum new capital investment that a company is required to make to be eligible for assistance under the Program. Finally, the bill changes the definition of small business for purposes of the Program from a company that has 250 or fewer employees to one that has 50 or fewer employees in its base year and average annual gross receipts of $3 million or less averaged over the previous 24-month period.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Governor: Acts of Assembly Chapter text (CHAP0264)** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+CHAP0264)
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2. **House: Bill text as passed House and Senate (HB1969ER)** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+HB1969ER)
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3. **House: Prefiled and ordered printed; offered 01/11/17 17100307D** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+HB1969)
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4. **House: Printed as engrossed 17100307D-E** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+HB1969E)
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## Votes
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- Passed Senate — **40–0** (pass) · legislature
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- Subcommittee recommends reporting with amendment — **7–0** (pass) · legislature
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- Read third time and passed House BLOCK VOTE — **98–0** (pass) · legislature
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- Constitutional reading dispensed — **40–0** (pass) · legislature
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- Reported from General Laws and Technology — **15–0** (pass) · legislature
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- Passed Senate — **39–0** (pass) · legislature
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- Reconsideration of Senate passage agreed to by Senate — **40–0** (pass) · legislature
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- Reported from General Laws with amendment — **22–0** (pass) · legislature
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## Sponsors
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- R. Steven Landes — primary (person)
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- David E. Yancey — cosponsor (person)
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- James P. "Jimmie" Massie, III — cosponsor (person)
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- Jeffrey L. Campbell — cosponsor (person)
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- T. Scott Garrett — cosponsor (person)
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- Timothy D. Hugo — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2017-01-10** Prefiled and ordered printed; offered 01/11/17 17100307D `introduction`
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- **2017-01-10** Referred to Committee on General Laws `referral-committee`
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- **2017-01-16** Assigned GL sub: Subcommittee #4 `referral-committee`
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- **2017-01-26** Read first time `reading-1`
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- **2017-01-27** Read second time `reading-2`
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- **2017-01-27** Committee amendment agreed to
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- **2017-01-27** Engrossed by House as amended HB1969E
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- **2017-01-27** Printed as engrossed 17100307D-E
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- **2017-01-30** Read third time and passed House BLOCK VOTE (98-Y 0-N) `passage, reading-3`
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- **2017-01-31** Constitutional reading dispensed
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- **2017-01-31** Referred to Committee on General Laws and Technology `referral-committee`
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- **2017-02-16** Read third time `reading-3`
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- **2017-02-20** Enrolled
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- **2017-02-20** Signed by Speaker
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- **2017-02-21** Signed by President
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- **2017-02-21** Enrolled Bill communicated to Governor on 2/21/17
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- **2017-02-21** Governor's Action Deadline Midnight, March 27, 2017
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- **2017-03-03** Approved by Governor-Chapter 264 (effective 7/1/17) `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/04b25b14-8a39-40d6-9ce1-44e516731536`. Confidence: reported (aggregated from official Virginia legislature records).
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