VEDA 2017 Fall Conference

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VEDA 2017 Fall Conference Virginia Legislative Update October 11-13, 2017

Presentation Overview 2017 Notable Accomplishments Upcoming Elections 2018 General Assembly Update 2

2017 Notable Session Accomplishments Virginia Business Ready Sites Program Passage of HB 1591 (James) and SB 976 (Hanger) Virginia Economic Development Partnership Authority Passage of HB 2471 (Jones) 3

Continuing to be THE Voice for Economic Development VEDA Members on the following: Partnership Board GO Virginia Boards & Commissions Committee on Business Development and Marketing Upcoming Governor s Transition Team(s) 4

VEDA Quarterly Meetings Secretary of Commerce & Trade; Virginia Department of Housing and Community Development (DHCD); Secretariat of Agriculture and Forestry. 5

6 2017 Elections

2017 Elections All Statewide Offices Governor, Lt. Governor and AG All 100 House Seats are up for election 7

Gubernatorial Candidates Ed Gillespie (R) Lt. Governor Ralph Northam (D) Libertarian Cliff Hyra 8

Tax Policy Northam Supports grocery tax exemptions for low-income families. Supports the introduction of a two-year merchant's capital and Business, Professional, and Occupational Licensing tax exemption for small businesses in rural areas. Gillespie Supports a 10% cut to the individual income tax over a three-year period. Three-year phase-out of the BPOL, the M&T, and Merchant's Capital Tax. Developing a selection of options for local governments to choose from, which would not include a local income tax. Tax changes on the part of local governments to be revenue-neutral. Convening of a September 2018 session of the Virginia General Assembly to determine a new tax structure. 9

Latest Polling 10/9/2017 Lt. Governor Northam leading with 49 percent of registered voters; Ed Gillespie followed with 42 percent; Libertarian Cliff Hyra had 3 percent of the vote; 6 percent of those polled were undecided. 10

Lieutenant Governor Candidates State Senator Jill Vogel (R) Justin Fairfax (D) 11

Latest Polling 10/6/2017 State Senator Jill Vogel 40 percent Justin Fairfax 48 percent Undecided 12 percent 12

Attorney General Candidates John Adams (R) Incumbent AG Mark Herring (D) 13

Latest Polling 10/6/2017 John Adams 40 percent AG Mark Herring 51 percent Undecided 9 percent 14

House of Delegates All 100 House Seats are up for election Number of retirements Leadership and Committee Changes 15

House of Delegates Heading into the general election, Republicans hold a 66-34 majority. Democrats would need to gain 17 seats in order to take control of the chamber, while Republicans would need to gain one seat to obtain a veto-proof supermajority 16

House of Delegates In the 2016 presidential election, Hillary Clinton defeated Donald Trump in 51 out of 100 Virginia House districts including 17 Republican-controlled districts Democrats have fielded 55 candidates Republicans have fielded 12 candidates There are 5 open seats, due to retirements 17

House of Delegates 10 races to watch Most of these 10 races are in NOVA 18

House of Delegates House District 12: Republican incumbent, Joseph Yost is being challenged by Democratic candidate, Chris Hurst. Clinton won the 12 th with 47% of the vote. 19

House of Delegates House District 13: Republican incumbent, Bob Marshall is being challenged by Democratic candidate, Danica Roem. Clinton won the 13 th with 54% of the vote. 20

House of Delegates House District 21: Republican incumbent, Ron Villanueva is being challenged by Democratic candidate, Kelly Convirs-Fowler. Clinton won the 21 st with 49% of the vote. 21

House of Delegates House District 31: Republican incumbent, Scott Lingamfelter is being challenged by Democratic candidate, Elizabeth Gutzman and Independent candidate, Nathan Larson. Clinton won the 31 st with 51% of the vote. 22

House of Delegates House District 32: Republican incumbent, Tag Greason is being challenged by Democratic candidate, David Reid. Clinton won the 32 nd with 56% of the vote. 23

House of Delegates House District 67: Republican incumbent, Jim LeMunyon is being challenged by Democratic candidate, Karrie Delaney. Clinton won the 67 th with 58% of the vote. 24

2018 General Assemblty Session Update Governor introduces his Biennium Budget December 18, 2017 Prefiling of legislation due Monday, December 4, 2017 Session begins Wednesday, January 10, 2018 New Administration begins January 20, 2018 25

VEDA 2017 Fall Conference Virginia Legislative Update October 11-13, 2017