Enterprise zones; extension. Provides that any enterprise zone in existence as of June 30, 2024, shall be extended for a period of four years in addition to any renewal periods currently authorized by law and authorizes the Governor, upon the recommendation of the Director of the Department of Housing and Community Development, to renew enterprise zones for up to four five-year renewal periods for zones designated on or after July 1, 2005, and for up to two five-year renewal periods for zones designated before July 1, 2005. This bill incorporates SB 722.

Statutes affected:
Senate: Presented and ordered printed 24104092D: 59.1-542
Senate: Committee substitute printed 24106541D-S1: 59.1-542
Senate: Bill text as passed Senate and House (SB679ER): 59.1-542
Governor: Acts of Assembly Chapter text (CHAP0686): 59.1-542