republic-os/legislation/us/states/va/2017/hb-2347.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Commonwealth's Development Opportunity Fund; limitation on use of moneys from the Fund.	Provides that unless an exception has been granted by the Secretary of Commerce and Trade, moneys in the Commonwealth's Development Opportunity Fund shall not be used for any economic development project involving a business that relocates or expands its operations in one or more Virginia localities while simultaneously closing its operations or substantially reducing the number of its employees in another Virginia locality. Under current law, this limitation on the use of the Fund is stated as a general policy rather than as a requirement. The bill also requires the Secretary of Commerce and Trade to provide written notice to the Chairmen of the Senate Finance and House Appropriations Committees at least 48 hours prior to the final approval of the grant or loan. Currently, the notice must be provided promptly, and a time frame is not specified.	us/states/va	Virginia General Assembly	2017	HB 2347	Virginia HB 2347 (2017)	bill	Administration of Government Commissions Boards and Institutions Generally General Assembly	enacted	Kathy J. Byron	4	17	8	2017-01-14	2017-03-20	openstates	ocd-bill/9cb72855-9445-4ba5-ab50-e5a9229405c8	http://lis.virginia.gov/cgi-bin/legp604.exe?171+sum+HB2347	a698a15de7cddd912218a5f20c88a76d53185203fcc99511687294f2d0cd6099	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-va

Virginia HB 2347 (2017) — Commonwealth's Development Opportunity Fund; limitation on use of moneys from the Fund.

Provides that unless an exception has been granted by the Secretary of Commerce and Trade, moneys in the Commonwealth's Development Opportunity Fund shall not be used for any economic development project involving a business that relocates or expands its operations in one or more Virginia localities while simultaneously closing its operations or substantially reducing the number of its employees in another Virginia locality. Under current law, this limitation on the use of the Fund is stated as a general policy rather than as a requirement. The bill also requires the Secretary of Commerce and Trade to provide written notice to the Chairmen of the Senate Finance and House Appropriations Committees at least 48 hours prior to the final approval of the grant or loan. Currently, the notice must be provided promptly, and a time frame is not specified.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. Governor: Acts of Assembly Chapter text (CHAP0663) (committee substitute) — source
2. House: Bill text as passed House and Senate (HB2347ER) (committee substitute) — source
3. House: Committee substitute printed 17104721D-H1 (committee substitute) — source
4. House: Presented and ordered printed 17100090D (committee substitute) — source

Votes

• Passed Senate — 40–0 (pass) · legislature
• Passed Senate — 39–0 (pass) · legislature
• Reported from Appropriations with substitute — 22–0 (pass) · legislature
• Reconsideration of Senate passage agreed to by Senate — 40–0 (pass) · legislature
• Subcommittee recommends reporting with substitute — 7–0 (pass) · legislature
• Read third time and passed House BLOCK VOTE — 95–0 (pass) · legislature
• Constitutional reading dispensed — 40–0 (pass) · legislature
• Reported from Finance — 16–0 (pass) · legislature

Sponsors

• Kathy J. Byron — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2017-01-14 Presented and ordered printed 17100090D introduction
• 2017-01-14 Referred to Committee on Appropriations referral-committee
• 2017-01-17 Assigned App. sub: Commerce, Agriculture, Natural Resources and Technology referral-committee
• 2017-02-01 Read first time reading-1
• 2017-02-02 Read second time reading-2
• 2017-02-02 Committee substitute agreed to 17104721D-H1
• 2017-02-02 Engrossed by House - committee substitute HB2347H1
• 2017-02-03 Read third time and passed House BLOCK VOTE (95-Y 0-N) passage, reading-3
• 2017-02-06 Constitutional reading dispensed
• 2017-02-06 Referred to Committee on Finance referral-committee
• 2017-02-16 Read third time reading-3
• 2017-02-20 Enrolled
• 2017-02-20 Signed by Speaker
• 2017-02-21 Signed by President
• 2017-02-21 Enrolled Bill communicated to Governor on 2/21/17
• 2017-02-21 Governor's Action Deadline Midnight, March 27, 2017
• 2017-03-20 Approved by Governor-Chapter 663 (effective 7/1/17) executive-signature

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/9cb72855-9445-4ba5-ab50-e5a9229405c8. Confidence: reported (aggregated from official Virginia legislature records).