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---
type: "Bill"
title: "Virginia Regional Industrial Facilities Act; localities' revenue sharing agreements."
description: "Virginia Regional Industrial Facilities Act; revenue sharing agreements; facilities. Allows facilities owned by a non-authority that are utilized as part of a cooperative arrangement entered into by an authority promoting economic and workforce development to participate in localities' revenue sharing agreements. This bill is identical to HB 1271."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2022"
identifier: "SB 720"
citation: "Virginia SB 720 (2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["T. Travis Hackworth"]
version_count: 3
action_count: 20
vote_count: 5
first_action: "2022-01-21"
last_action: "2022-04-08"
source: "openstates"
source_identifier: "ocd-bill/dd208b7c-d578-47bb-9ff3-c1166b37699d"
source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?221+sum+SB720"
source_hash: "fc6e064a85e1b27388630f3757a1c1bf9e68ff40615bbbc6905fb400456772c7"
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 SB 720 (2022) — Virginia Regional Industrial Facilities Act; localities' revenue sharing agreements.
Virginia Regional Industrial Facilities Act; revenue sharing agreements; facilities. Allows facilities owned by a non-authority that are utilized as part of a cooperative arrangement entered into by an authority promoting economic and workforce development to participate in localities' revenue sharing agreements. This bill is identical to HB 1271.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **CHAP0230** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+CHAP0230)
2. **Presented and ordered printed 22103940D** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+SB720)
3. **SB720ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+SB720ER)
## Votes
- Reported from Local Government (15-Y 0-N) — **150** (pass) · upper
- Reported from Counties, Cities and Towns (22-Y 0-N) — **220** (pass) · lower
- Read third time and passed Senate (40-Y 0-N) — **400** (pass) · upper
- VOTE: Block Vote Passage (100-Y 0-N) — **990** (pass) · lower
- Constitutional reading dispensed (40-Y 0-N) — **400** (pass) · upper
## Sponsors
- T. Travis Hackworth — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2022-01-21** Presented and ordered printed 22103940D `introduction`
- **2022-01-21** Referred to Committee on Local Government `referral-committee`
- **2022-01-31** Reported from Local Government (15-Y 0-N) `committee-passage`
- **2022-02-01** Constitutional reading dispensed (40-Y 0-N)
- **2022-02-02** Read second time and engrossed `reading-2`
- **2022-02-03** Read third time and passed Senate (40-Y 0-N) `passage, reading-3`
- **2022-02-21** Placed on Calendar
- **2022-02-21** Read first time `reading-1`
- **2022-02-21** Referred to Committee on Counties, Cities and Towns `referral-committee`
- **2022-02-25** Reported from Counties, Cities and Towns (22-Y 0-N) `committee-passage`
- **2022-03-01** Read second time `reading-2`
- **2022-03-02** Read third time `reading-3`
- **2022-03-02** Passed House BLOCK VOTE (100-Y 0-N) `passage`
- **2022-03-02** VOTE: Block Vote Passage (100-Y 0-N)
- **2022-03-07** Enrolled
- **2022-03-08** Signed by President
- **2022-03-08** Signed by Speaker
- **2022-03-22** Enrolled Bill Communicated to Governor on March 22, 2022
- **2022-03-22** Governor's Action Deadline 11:59 p.m., April 11, 2022
- **2022-04-08** Approved by Governor-Chapter 230 (effective 7/1/22) `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/dd208b7c-d578-47bb-9ff3-c1166b37699d`. Confidence: reported (aggregated from official Virginia legislature records).