The Virginia General Assembly is now up and running again after a brief break on Monday and Tuesday. Committees met early in the week to carry over bills from the regular session to the recently convened special session, which is set to adjourn on February 27th.
While there wasn't as much movement on legislation this week (next week will be much busier), there are some important items of note that you should be aware of.
Tax Conformity
If you have not seen the Roanoke Regional Chamber's action alert on tax conformity, please give it a read. The General Assembly is debating legislation that could have a direct effect on our businesses' bottom line and tax burden this year if they have taken and spent funds through the Paycheck Protection Program. Click on the action alert link above to learn how you can advocate for tax relief for your members.
Economic Education
This legislation seeks to further inform middle and high school students about career options and employment arrangements, including full time employment, independent contract work, gig work, and others. It's important for students to be exposed to these options as they start to develop interests in career paths, and we're happy to report that this bill is sailing through the legislative process with no opposition so far.
New River Valley Passenger Rail
Legislation seeking to establish a passenger rail authority in the New River Valley continues to see success. Expansion of passenger rail in our region is vital to mitigate traffic congestion—especially on I-81—as well as necessary to provide a new link to Amazon HQ2 and Virginia Tech’s Innovation Campus in northern Virginia.
