                                 CODE OF VIRGINIA

GUIDELINES AND CRITERIA FOR AWARDING GRANTS FROM FUND (§ 3.2-305)

The Secretary of Agriculture and Forestry, in consultation with the Virginia
Economic Development Partnership, the Virginia Department of Agriculture and
Consumer Services, and the Virginia Department of Forestry, shall assist the
Governor in developing objective guidelines and criteria that shall be used in
awarding grants from the Fund. The guidelines may include a requirement for the
affected localities to provide matching funds, which may be cash or in-kind, at
the discretion of the Governor. The guidelines may require that as a condition
of receiving any grant incentive that is based on employment goals, a recipient
company must provide copies of employer quarterly payroll reports provided to
the Virginia Employment Commission to verify the employment status of any
position included in the employment goal. The guidelines and criteria shall
include provisions for geographic diversity, a requirement that a project
purchase a minimum percentage of Virginia-grown or Virginia-produced
agricultural or forestal products to which its processes are adding value, and a
cap on the amount of funds to be provided to any individual project.

HISTORY: 2012, cc. 466, 622; 2013, c. 547.