Russell County Industrial Development Authority; appointments. Clarifies that the board of supervisors of Russell County may appoint nine members to its industrial development authority, which shall consist of two members from the governing body of a town that has used its borrowing capacity to borrow $2 million or more for industrial development and such other members as the board of supervisors shall agree upon. Under current law, two of the members must come from a town that has used its borrowing capacity to borrow $2 million or more for industrial development. This bill is identical to HB 1410.
Statutes affected: Senate: Presented and ordered printed 24105104D: 15.2-4904
Senate: Bill text as passed Senate and House (SB727ER): 15.2-4904
Governor: Acts of Assembly Chapter text (CHAP0520): 15.2-4904