| Action Summary | The 2017 General Assembly passed legislation amending the Enterprise Zone Program so that expenditures for improvements to real property may qualify for a grant or tax credit regardless of whether they are capitalized or deducted as a business expense under federal Treasury Regulations. The referenced legislation is 2017 Acts of Assembly, Chapter 451. |
| Chapters Affected | Only affects this chapter. |
| Executive Branch Review | This Action is exempt from Article 2 of the Administrative Process Act. The normal executive branch review process is not required. As such, it can be submitted directly for publication and is effective upon publication. Exempt Citation: 2.2-4006 A 4 a |
| RIS Project | Yes [005157] |
| Associated Mandates |
Chapter: 451 (2017)
|
| New Periodic Review | This action will not be used to conduct a new periodic review. |
| Stage ID | Stage Type | Status |
|---|---|---|
| 8014 | Final | Stage complete. This regulation became effective on 01/01/2018. |
| Name / Title: | Chase Sawyer / Policy & Legislative Services Manager |
| Address: |
Main Street Centre 600 East Main Street, Suite 300 Richmond, VA 23219 |
| Email Address: | Chase.Sawyer@dhcd.virginia.gov |
| Phone: | (804)310-5872 FAX: (804)371-7090 TDD: (804)371-7089 |