Virginia 2024 Regular Session

Virginia Senate Bill SB217

Introduced
1/8/24  
Refer
1/8/24  
Report Pass
1/17/24  
Report Pass
2/12/24  
Engrossed
2/13/24  
Refer
2/15/24  
Report Pass
2/20/24  
Engrossed
2/23/24  
Engrossed
3/7/24  
Engrossed
3/8/24  
Enrolled
3/25/24  
Chaptered
4/4/24  

Caption

Virginia Business Ready Expedited Permitting Program; created.

Impact

The introduction of SB217 is expected to amend existing statutes concerning the permitting powers of state agencies and local governments. By establishing a clear 180-day timeline for permit approvals associated with eligible projects, it significantly alters the landscape of how quickly businesses can expect to receive necessary authorizations. This change is positioned to lower barriers for businesses looking to invest in Virginia, potentially increasing the competitiveness of the state in attracting new enterprises. Furthermore, the bill includes provisions to ensure that public input mechanisms remain intact, which helps to balance rapid economic development with community involvement.

Summary

SB217 establishes the Virginia Business Ready Expedited Permitting Program, aimed at streamlining the permitting process for designated economic development projects and eligible sites across Virginia. This program builds on previous initiatives to facilitate faster decisions on permits and approvals, specifically for projects that are expected to have significant capital investments and job creation in their localities. By mandating that local governmental entities and state agencies make decisions within a defined time frame, the bill seeks to enhance the efficiency of the permitting process, which is critical for attracting businesses and fostering economic growth.

Sentiment

Overall sentiment around SB217 has largely been positive among business groups and economic development advocates who see this as a much-needed step towards fostering a more business-friendly environment in Virginia. Supporters argue that overcoming bureaucratic delays will make Virginia a more attractive destination for large-scale investments. Conversely, some local government officials and community advocates have expressed concerns about the potential overreach and the implications for local governance, fearing that expedited processes could overlook local interests and needs.

Contention

Notable points of contention regarding SB217 involve the balance between accelerating economic development and preserving thorough public input processes. While the bill incorporates measures to uphold opportunities for public comment, critics argue that the expedited nature of the program could still undermine comprehensive community engagement in the permitting process. Opponents also worry that the focus on speedy approvals might prioritize business growth at the expense of local control and oversight, leading to potential conflicts between state interests and municipal governance.

Companion Bills

VA HB1125

Similar To Virginia Business Ready Expedited Permitting Program; created.

Previously Filed As

VA HB1842

Virginia Business Ready Sites Acquisition Fund and Program; created.

VA HB1758

Regulator Innovation, Department of, and Virginia Regulatory Sandbox Program; created, report.

VA SB712

Regulatory Innovation, Department of, and Virginia Regulatory Sandbox Program; created, report.

VA HB1544

Virginia Credit Services Businesses Act; definitions, credit reports.

VA HB1543

Virginia Credit Services Businesses Act; updates contents of required information statement.

VA HB1491

Small business; redefines for the purposes of certain programs.

VA HB2282

Forest crops; exemptions from Virginia Stormwater Management Program, etc., for harvesting.

VA HB1840

Eastern Virginia Health Sciences Center; establishing at Old Dominion University.

VA SB1211

Eastern Virginia Health Sciences Center; establishing at Old Dominion University.

VA HB1832

Virginia Port Authority; tax credits, creates grant programs, sunset date.

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