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---
type: "Bill"
title: "Virginia Small Business Financing Authority; utilization or award of loan and grant program funds."
description: "Virginia Small Business Financing Authority;annual report; utilization or award of loan and grant program funds.Requires the Virginia Small Business Financing Authority to includein its annual report information regarding the percentage of loanand grant program funds utilized or awarded by the Authority duringthe preceding fiscal year. This bill is a recommendation of the Joint Legislative Audit and Review Commission."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2021"
identifier: "HB 2171"
citation: "Virginia HB 2171 (2021)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Candi Mundon King"]
version_count: 3
action_count: 22
vote_count: 6
first_action: "2021-01-12"
last_action: "2021-03-18"
source: "openstates"
source_identifier: "ocd-bill/2d568f34-5854-4cd1-b2ff-f74c4e05398b"
source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?212+sum+HB2171"
source_hash: "477b220e79e7b4d1e1e7b44aaf2a7e532d5953c26c9a99ddc69dc917d9c13f1d"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-va"]
---
# Virginia HB 2171 (2021) — Virginia Small Business Financing Authority; utilization or award of loan and grant program funds.
Virginia Small Business Financing Authority;annual report; utilization or award of loan and grant program funds.Requires the Virginia Small Business Financing Authority to includein its annual report information regarding the percentage of loanand grant program funds utilized or awarded by the Authority duringthe preceding fiscal year. This bill is a recommendation of the Joint Legislative Audit and Review Commission.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **CHAP0148** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?212+ful+CHAP0148)
2. **HB2171ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?212+ful+HB2171ER)
3. **Prefiled and ordered printed; offered 01/13/21 21101616D** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?212+ful+HB2171)
## Votes
- Constitutional reading dispensed (39-Y 0-N) — **390** (pass) · upper
- Continued to 2021 Sp. Sess. 1 in General Laws and Technology (14-Y 0-N) — **140** (pass) · upper
- Passed Senate (39-Y 0-N) — **390** (pass) · upper
- VOTE: Block Vote Passage (99-Y 0-N) — **980** (pass) · lower
- Reported from General Laws and Technology (12-Y 0-N) — **120** (pass) · upper
- Reported from General Laws (21-Y 0-N) — **210** (pass) · lower
## Sponsors
- Candi Mundon King — primary (person)
- Dan I. Helmer — cosponsor (person)
- Elizabeth R. Guzman — cosponsor (person)
- Kathleen Murphy — cosponsor (person)
- Kelly K. Convirs-Fowler — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2021-01-12** Prefiled and ordered printed; offered 01/13/21 21101616D `introduction`
- **2021-01-12** Referred to Committee on General Laws `referral-committee`
- **2021-01-16** Impact statement from DPB (HB2171)
- **2021-01-19** Reported from General Laws (21-Y 0-N) `committee-passage`
- **2021-01-20** Read first time `reading-1`
- **2021-01-21** Read second time and engrossed `reading-2`
- **2021-01-22** Read third time and passed House BLOCK VOTE (99-Y 0-N) `passage, reading-3`
- **2021-01-22** VOTE: Block Vote Passage (99-Y 0-N)
- **2021-01-25** Constitutional reading dispensed
- **2021-01-25** Referred to Committee on General Laws and Technology `referral-committee`
- **2021-02-05** Continued to 2021 Sp. Sess. 1 in General Laws and Technology (14-Y 0-N)
- **2021-02-10** Reported from General Laws and Technology (12-Y 0-N) `committee-passage`
- **2021-02-12** Constitutional reading dispensed (39-Y 0-N)
- **2021-02-15** Read third time `reading-3`
- **2021-02-15** Passed Senate (39-Y 0-N) `passage`
- **2021-02-19** Enrolled
- **2021-02-19** Signed by Speaker
- **2021-02-22** Impact statement from DPB (HB2171ER)
- **2021-02-22** Signed by President
- **2021-02-24** Enrolled Bill communicated to Governor on February 24, 2021
- **2021-02-24** Governor's Action Deadline 11:59 p.m., March 31, 2021
- **2021-03-18** Approved by Governor-Chapter 148 (effective 7/1/21) `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/2d568f34-5854-4cd1-b2ff-f74c4e05398b`. Confidence: reported (aggregated from official Virginia legislature records).