{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/30-312.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/30-312.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/30-312.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/30-312.html"}],"law_id":78065,"edition_id":1,"section_id":78065,"structure_id":13690,"section_number":"30-312","catch_line":"Commission report to General Assembly","history":"2009, cc. 246, 311; 2010, cc. 543, 716; 2018, c. 735; 2020, c. 830; 2023, c. 528.","full_text":"The chairman of the Commission shall report annually by the first day of each General Assembly Regular Session on all endorsed incentive packages for which an offer has been made and publicly announced. Staff identified in \u00a7 30-311 shall assist the commission in preparing such report, which shall contain the following information: (i) the industrial sector of the MEI project or other economic development project, (ii) known competitor states, (iii) employment creation and capital investment expectations, (iv) anticipated average annual wage of the new jobs, (v) local and state returns on investment as prepared by the Virginia Economic Development Partnership Authority, (vi) expected time frame for repayment of the incentives to the Commonwealth in the form of direct and indirect general tax revenues, (vii) details of the proposed incentive package, including the breakdown of the components into various uses and an expected timeline for payments, and (viii) draft legislation or amendments to the Appropriation Act that propose financing for the endorsed incentive package through the Virginia Public Building Authority or any other proposed funding or financing mechanisms.\n\t\tTo assist in the preparation of the report, the draft legislation or amendments referred to in clause (viii) shall be submitted to the staffs of the House Committee on Appropriations and the Senate Committee on Finance and Appropriations no later than December 15 each year.","order_by":null,"text":{"0":{"id":279925,"text":"The chairman of the Commission shall report annually by the first day of each General Assembly Regular Session on all endorsed incentive packages for which an offer has been made and publicly announced. Staff identified in \u00a7 30-311 shall assist the commission in preparing such report, which shall contain the following information: (i) the industrial sector of the MEI project or other economic development project, (ii) known competitor states, (iii) employment creation and capital investment expectations, (iv) anticipated average annual wage of the new jobs, (v) local and state returns on investment as prepared by the Virginia Economic Development Partnership Authority, (vi) expected time frame for repayment of the incentives to the Commonwealth in the form of direct and indirect general tax revenues, (vii) details of the proposed incentive package, including the breakdown of the components into various uses and an expected timeline for payments, and (viii) draft legislation or amendments to the Appropriation Act that propose financing for the endorsed incentive package through the Virginia Public Building Authority or any other proposed funding or financing mechanisms.\n\t\tTo assist in the preparation of the report, the draft legislation or amendments referred to in clause (viii) shall be submitted to the staffs of the House Committee on Appropriations and the Senate Committee on Finance and Appropriations no later than December 15 each year.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13690,"edition_id":1,"name":"MEI Project Approval Commission","identifier":"47","label":"chapter","depth":2,"order_by":1,"parent_id":12738,"metadata":{},"date_created":"2026-06-26 03:45:34","date_modified":"2026-06-26 03:45:34","permalink":{"id":200423,"object_type":"structure","relational_id":13690,"identifier":"47","token":"30\/47","url":"\/30\/47\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12738,"edition_id":1,"name":"General Assembly","identifier":"30","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":199019,"object_type":"structure","relational_id":12738,"identifier":"30","token":"30","url":"\/30\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":54670,"structure_id":13690,"section_number":"30-309","catch_line":"MEI Project Approval Commission; membership; terms; compensation and expenses; definition","url":"\/30-309\/","token":"30\/47\/30-309","metadata":false},{"id":77955,"structure_id":13690,"section_number":"30-310","catch_line":"Review of incentive packages","url":"\/30-310\/","token":"30\/47\/30-310","metadata":false},{"id":77465,"structure_id":13690,"section_number":"30-310.1","catch_line":"Review of tax financing projects","url":"\/30-310.1\/","token":"30\/47\/30-310.1","metadata":false},{"id":77367,"structure_id":13690,"section_number":"30-311","catch_line":"Staff; cooperation from other state agencies","url":"\/30-311\/","token":"30\/47\/30-311","metadata":false},{"id":78065,"structure_id":13690,"section_number":"30-312","catch_line":"Commission report to General Assembly","url":"\/30-312\/","token":"30\/47\/30-312","metadata":false}],"previous_section":{"id":77367,"structure_id":13690,"section_number":"30-311","catch_line":"Staff; cooperation from other state agencies","url":"\/30-311\/","token":"30\/47\/30-311","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/30-312\/","history_text":"

This law was first created in 2009. The record of its establishment is cataloged in chapters 246<\/a> and 311<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 4 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 2010, chapters 543<\/a> and 716<\/a>; in 2018, chapter 735<\/a>; in 2020, chapter 830<\/a>; in 2023, chapter 528<\/a>.<\/p>","references":[{"id":77465,"section_number":"30-310.1","catch_line":"Review of tax financing projects","order_by":null,"url":"\/30-310.1\/"}],"refers_to":[{"id":77367,"section_number":"30-311","catch_line":"Staff; cooperation from other state agencies","order_by":null,"url":"\/30-311\/"}],"permalink":{"id":200441,"object_type":"law","relational_id":78065,"identifier":"30-312","token":"30\/47\/30-312","url":"\/30-312\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/30-312\/","token":"30\/47\/30-312","dublin_core":{"Title":"Commission report to General Assembly","Type":"Text","Format":"text\/html","Identifier":"\u00a7 30-312","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The chairman of the Commission shall report annually by the first day of each General Assembly Regular Session on all endorsed incentive packages for which an offer has been made and publicly announced. Staff identified in \u00a7 30-311<\/a> shall assist the commission in preparing such report, which shall contain the following information: (i) the industrial sector of the MEI project or other economic development project, (ii) known competitor states, (iii) employment creation and capital investment expectations, (iv) anticipated average annual wage of the new jobs, (v) local and state returns on investment as prepared by the Virginia Economic Development Partnership Authority, (vi) expected time frame for repayment of the incentives to the Commonwealth in the form of direct and indirect general tax revenues, (vii) details of the proposed incentive package, including the breakdown of the components into various uses and an expected timeline for payments, and (viii) draft legislation or amendments to the Appropriation Act that propose financing for the endorsed incentive package through the Virginia Public Building Authority or any other proposed funding or financing mechanisms.\n\t\tTo assist in the preparation of the report, the draft legislation or amendments referred to in clause (viii) shall be submitted to the staffs of the House Committee on Appropriations and the Senate Committee on Finance and Appropriations no later than December 15 each year.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCOMMISSION REPORT TO GENERAL ASSEMBLY (\u00a7 30-312)\n\nThe chairman of the Commission shall report annually by the first day of each\nGeneral Assembly Regular Session on all endorsed incentive packages for which an\noffer has been made and publicly announced. Staff identified in \u00a7 30-311 shall\nassist the commission in preparing such report, which shall contain the\nfollowing information: (i) the industrial sector of the MEI project or other\neconomic development project, (ii) known competitor states, (iii) employment\ncreation and capital investment expectations, (iv) anticipated average annual\nwage of the new jobs, (v) local and state returns on investment as prepared by\nthe Virginia Economic Development Partnership Authority, (vi) expected time\nframe for repayment of the incentives to the Commonwealth in the form of direct\nand indirect general tax revenues, (vii) details of the proposed incentive\npackage, including the breakdown of the components into various uses and an\nexpected timeline for payments, and (viii) draft legislation or amendments to\nthe Appropriation Act that propose financing for the endorsed incentive package\nthrough the Virginia Public Building Authority or any other proposed funding or\nfinancing mechanisms.\n\t\tTo assist in the preparation of the report, the draft legislation or\namendments referred to in clause (viii) shall be submitted to the staffs of the\nHouse Committee on Appropriations and the Senate Committee on Finance and\nAppropriations no later than December 15 each year.\n\nHISTORY: 2009, cc. 246, 311; 2010, cc. 543, 716; 2018, c. 735; 2020, c. 830;\n2023, c. 528.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}