Authorities
Virginia 2011 Regular Session
College Building Authority; acquire credit enhancements to secure payment of bonds issued. [SB-454]
Private institutions of higher education; credit enhancement. Allows the Virginia College Building Authority to issue or acquire credit enhancements to secure payment of bonds issued by the Authority. Credit enhancements include, without limitation, surety bonds, insurance policies, letters of credit, guarantees and other forms of collateral or security as well as capital reserve funds for private institutions of higher education.
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Gettr Virginia 2011 Regular Session
Rail Transportation Development Authority; established, abolishes Rail Advisory Board. [SB-1468]
Rail Transportation Development Authority. Establishes the Rail Transportation Development Authority. The Authority is to be responsible for identifying needed construction, reconstruction, improvements, or repairs to railroads and their facilities and equipment. The Authority is given the power to finance or assist in financing any such rail transportation project. The bill requires the Virginia Department of Rail and Public Transportation, in conjunction with the Authority, to develop a rail transportation plan for the Commonwealth. The bill
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Virginia 2011 Regular Session
Liens; water and waste authorities required to notify property owner of those that may be placed. [SB-1466]
Water and waste authorities; liens. Requires that a property owner be informed in advance by written notice that liens may be placed on his property under certain circumstances for the unpaid charges to a lessee.
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Virginia 2011 Regular Session
Virginia Commercial Space Flight Authority; tax revenues generated by commercial spaceflight. [SB-1447]
Tax revenues generated by commercial spaceflight; Virginia Commercial Space Flight Authority. Transfers to the Virginia Commercial Space Flight Authority the portion of corporate income tax collected from corporations attributable to the sale of commercial human spaceflights and spaceflight training. The transfer to the Virginia Commercial Space Flight Authority begins on July 1, 2011, and lasts through fiscal year 2015.
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Virginia 2011 Regular Session
Small Business Financing Authority; definition of eligible business. [SB-1349]
Virginia Small Business Financing Authority; definitions; eligible business. Removes from the definition of "eligible business" a nonprofit entity granted tax-exempt status under 501(c) (3) of the Internal Revenue Code.
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Virginia 2011 Regular Session
Virginia Resources Authority; modifies provisions to conform to Public Finance Act. [SB-1309]
Virginia Resources Authority. Modifies provisions regarding the Virginia Resources Authority to conform to the Public Finance Act.
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Virginia 2011 Regular Session
Higher Educational Institutions; Virginia College Building Authority to issue credit enhancements. [SB-1306]
Private institutions of higher education; credit enhancement. Allows the Virginia College Building Authority to issue or acquire credit enhancements to secure payment of bonds issued by the Authority. Credit enhancements include, without limitation, surety bonds, insurance policies, letters of credit, guarantees and other forms of collateral or security as well as capital reserve funds for private institutions of higher education.
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Virginia 2011 Regular Session
Authorities for development of former federal areas; dissolution. [SB-1256]
Authorities for development of former federal areas; dissolution. Allows authorities created by proclamation of the Governor for the development of former federal areas to be dissolved not only upon resolution of the governing body of each locality within the area of operation of the authority but also upon determination by the Governor that the dissolution is appropriate.
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Virginia 2011 Regular Session
Water and sewer systems; authority may require adjacent property owners to connect their buildings. [SB-1160]
Mandatory connection to water and sewer systems. Provides that an authority may require adjacent property owners to connect their buildings to the authority's system upon or after the acquisition or construction of the water or sewer system. Currently, the law requires connection to be made upon the acquisition or construction of the water or sewer system.
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Virginia 2011 Regular Session
Offshore Wind Development Authority; membership. [SB-1134]
Offshore Wind Development Authority; membership. Exempts members of the U.S. Armed Forces who serve on the Virginia Offshore Wind Development Authority from a provision barring federal government employees from holding a state office. The measure also clarifies the process by which the Governor appoints to the Authority persons nominated by the Secretary of the Navy.
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Virginia 2011 Regular Session
Southwest Virginia Health Authority; appointments. [HB-2478]
Southwest Virginia Health Authority; appointments. Adds two additional appointments to the Authority's board of directors.
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Virginia 2011 Regular Session
Authorities for development of former federal areas; dissolution. [HB-2329]
Authorities for development of former federal areas; dissolution. Allows authorities created by proclamation of the Governor for the development of former federal areas to be dissolved not only upon resolution of the governing body of each locality within the area of operation of the authority but also upon determination by the Governor that the dissolution is appropriate.
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Virginia 2011 Regular Session
Virginia Peninsula area solid waste management system authority; appointing Board of Directors. [HB-2268]
Virginia Peninsula area solid waste management system authority. Sets forth the requirements for appointing a Board of Directors over any authority created to collect and dispose of refuse with member localities consisting of the Cities of Hampton, Poquoson, and Williamsburg, the Counties of Essex, James City, King and Queen, King William, Mathews, Middlesex, and York, and the Towns of Tappahannock, Urbanna, and West Point.
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Virginia 2011 Regular Session
Higher educational institutions; Virginia College Building Authority to issue credit enhancements. [HB-2264]
Private institutions of higher education; credit enhancement. Allows the Virginia College Building Authority to issue or acquire credit enhancements to secure payment of bonds issued by the Authority. Credit enhancements include, without limitation, surety bonds, insurance policies, letters of credit, guarantees and other forms of collateral or security as well as capital reserve funds for private institutions of higher education.
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Virginia 2011 Regular Session
Alcoholic Beverage Control Authority; created, replaces Alcoholic Beverage Control Board. [HB-2182]
Alcoholic beverage control. Eliminates the Alcoholic Beverage Control Board and replaces it with the Virginia Alcoholic Beverage Control Authority, created by the bill. The bill provides for the appointment of the board of directors of the Authority and the appointment by the board of directors of a chief executive officer of the Authority, and sets eligibility requirements for appointment, including background checks. Among other things, the bill also (i) provides for the transfer of current ABC employees to the Authority, (ii) continues such employees'
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Virginia 2011 Regular Session
Small Business Financing Authority; definition of eligible business. [HB-2129]
Virginia Small Business Financing Authority; definitions; eligible business. Removes from the definition of "eligible business" a nonprofit entity granted tax-exempt status under 501(c) (3) of the Internal Revenue Code.
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Virginia 2011 Regular Session
Northern VA Transportation Authority, Northern VA Transportation Commission, etc.; consolidation. [HB-2016]
Consolidation of the Northern Virginia Transportation Authority, the Northern Virginia Transportation Commission, and the Potomac and Rappahannock Transportation Commission. Expands the duties of the Northern Virginia Transportation Authority to include the assumption and oversight of the Northern Virginia Transportation Commission and the Potomac and Rappahannock Transportation Commission administrative activities, bus and commuter rail transit planning, programming, funding, and operation activities that occur in the areas embraced by the Northern
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Virginia 2011 Regular Session
Washington Metropolitan Area Transit Authority board of directors; appointments. [HB-2000]
Appointments to the Washington Metropolitan Area Transit Authority Board of Directors. In appointing Virginia members of the board of directors of the Washington Metropolitan Area Transit Authority, the Northern Virginia Transportation Commission shall include the Secretary of Transportation's designee or his voting member as a principal.
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Virginia 2011 Regular Session
Northern Virginia Transportation District; revises criteria for allocation of revenues. [HB-1999]
Northern Virginia Transportation District. Revises criteria for allocation of revenues to highway projects within the Northern Virginia Transportation District. The bill also contains technical amendments.
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Virginia 2011 Regular Session
Virginia Small Business Financing Authority; definition of eligible business. [HB-1949]
Virginia Small Business Financing Authority; definition of eligible business. Removes the requirement that an eligible business that is a 501(c)(3) be operating in Virginia and replaces it with a requirement that the 501(c)(3) business (i) has received $10 million or less in annual gross receipts under generally accepted accounting principles for each of its last three fiscal years or lesser time period if it has been in existence less than three years, (ii) has fewer than 250 employees, and (iii) has a net worth of $2 million or less.