HB1178
Commonwealth of Virginia Innovation Partnership Authority; amends membership of board of directors.
Status:
Vetoed
Latest Action:
April 17, 2024
House: House sustained Governor's veto
Chief Patron:
Mark Sickles (D)
Session:
2024 Regular Session
Summary
As Passed Both Chambers. Commonwealth of Virginia Innovation Partnership Authority; board of directors; membership.
Amends the membership of the board of directors of the Commonwealth of Virginia Innovation Partnership Authority by adding four nonlegislative citizen members to increase the total membership to 15 members and removing the position currently held by a director of a technology transfer office or equivalent position from a major ... (More) research public institution of higher education. The bill (i) provides the Speaker of the House of Delegates the power to appoint four nonlegislative citizen members to the board of directors, (ii) provides the Senate Committee on Rules the power to appoint four nonlegislative citizen members to the board of directors, and (iii) removes such appointment power from the Joint Rules Committee. Finally, the bill prohibits any member of the board from investing personal funds in venture capital activities or grants, loans, or investment programs supported or administered by the Authority. (Less)-
Bill History
- 01/10/2024 - House: Prefiled and ordered printed; offered 01/10/24 24100522D
- 01/10/2024 - House: Referred to Committee on General Laws
- 01/26/2024 - House: Assigned GL sub: Professions/Occupations and Administrative Process
- 01/31/2024 - House: Impact statement from DPB (HB1178)
- 02/01/2024 - House: House subcommittee amendments and substitutes offered
- 02/01/2024 - House: Subcommittee recommends reporting with substitute (3-Y 2-N)
- 02/06/2024 - House: Reported from General Laws with substitute (10-Y 9-N)
- 02/06/2024 - House: Committee substitute printed 24106267D-H1
- 02/08/2024 - House: Impact statement from DPB (HB1178H1)
- 02/08/2024 - House: Read first time
- 02/09/2024 - House: Read second time
- 02/09/2024 - House: Committee substitute agreed to 24106267D-H1
- 02/09/2024 - House: Engrossed by House - committee substitute HB1178H1
- 02/12/2024 - House: Read third time and passed House (50-Y 49-N)
- 02/12/2024 - House: VOTE: Passage (50-Y 49-N) Close Floor Vote
- 02/13/2024 - Senate: Constitutional reading dispensed
- 02/13/2024 - Senate: Referred to Committee on General Laws and Technology
- 02/21/2024 - Senate: Reported from General Laws and Technology (9-Y 6-N)
- 02/23/2024 - Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/26/2024 - Senate: Read third time
- 02/26/2024 - Senate: Passed Senate (24-Y 16-N) Close Floor Vote
- 02/26/2024 - Senate: Reconsideration of Senate passage agreed to by Senate (40-Y 0-N)
- 02/26/2024 - Senate: Passed by for the day
- 02/27/2024 - Senate: Read third time
- 02/27/2024 - Senate: Floor substitute printed 24108357D-S1 (Ebbin)
- 02/27/2024 - Senate: Reading of substitute waived
- 02/27/2024 - Senate: Substitute by Senator Ebbin agreed to 24108357D-S1
- 02/27/2024 - Senate: Engrossed by Senate - floor substitute HB1178S1
- 02/27/2024 - Senate: Passed Senate with substitute (24-Y 15-N) Close Floor Vote
- 02/29/2024 - House: Senate substitute agreed to by House 24108357D-S1 (51-Y 49-N)
- 02/29/2024 - House: VOTE: Adoption (51-Y 49-N) Close Floor Vote
- 03/01/2024 - House: Impact statement from DPB (HB1178S1)
- 03/06/2024 - House: Enrolled
- 03/06/2024 - House: Bill text as passed House and Senate (HB1178ER)
- 03/06/2024 - House: Impact statement from DPB (HB1178ER)
- 03/06/2024 - House: Signed by Speaker
- 03/07/2024 - Senate: Signed by President
- 03/11/2024 - House: Enrolled Bill communicated to Governor on March 11, 2024
- 03/11/2024 - Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
- 03/14/2024 - Governor: Vetoed by Governor
- 04/17/2024 - House: House sustained Governor's veto
