                                 CODE OF VIRGINIA

AMENDMENT OF ENTERPRISE ZONES; REDESIGNATION OF CERTAIN JOINT ENTERPRISE ZONES
(§ 59.1-544)

A. Once an enterprise zone has been designated, the local government may make
written application to the Department to amend the zone boundaries in accordance
with the requirements of &#xA7; 59.1-542. Such boundary amendments are subject
to Department approval. Any amendment to an enterprise zone that includes the
elimination of an area or areas from a zone shall not exceed the maximum size
provisions of subsection C of &#xA7; 59.1-542 and shall be reviewed by the
Department with the potential impact on affected businesses and property owners
given primary consideration. Local governing bodies may amend their local
enterprise zone incentives with the approval of the Department provided that the
proposed incentive is equal to or superior to that in the original application
or any previous amendment approved by the Department.

B. The Department may redesignate an existing joint enterprise zone consisting
of two localities for the purpose of expanding the zone provided (i) all of the
local governing bodies of the localities in which the proposed redesignated zone
will be located have submitted to the Department resolutions supporting the
proposed redesignation and applications for redesignation of the joint
enterprise zone and (ii) the area of the locality added to the redesignated zone
is contiguous to the existing joint enterprise zone and includes a
revenue-sharing district that has experienced the loss of 900 permanent
full-time positions within a 12-month period.

C. When a county or city was previously added to an existing enterprise zone to
create a joint enterprise zone, the Department shall redesignate the enterprise
zone when the term of the joint enterprise zone expires. The duration of the
enterprise zone redesignated pursuant to this subsection shall be equal to the
length of time the original enterprise zone existed before the county or city
was added to create the joint enterprise zone.

D. As used in this section, &#8220;joint enterprise zone&#8221; means an
enterprise zone located in two or more adjacent localities.

E. Any redesignation of an existing joint enterprise zone shall be in compliance
with all applicable regulations promulgated by the Department.

HISTORY: 2005, cc. 863, 884; 2011, cc. 254, 310; 2013, c. 514; 2018, c. 315.