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McDonnell signs bills in NoVa to create jobs

Anita Kumar

Republican and Democratic legislators joined Gov. Bob McDonnell (R) this afternoon in Northern Virginia as he signed a package of bills designed to create jobs and spur economic development.

The bills signed today will provide tax deductions on capital gains derived from investments in technology, energy, bio-tech and science-based companies; grant temporary business licenses to individuals who have a license or certification from another state; broaden the uses of the Governor's Opportunity Fund; designate the head of the Virginia Economic Development Partnership as chief executive; and establish a biotech research performance grant program.

"The states that help lead this country out of this economic downturn will be those that move aggressively to promote job creation and make it easier for entrepreneurs and business owners to be successful,'' McDonnell said at a signing ceremony at the Center for Innovative Technology and Northern Virginia Technology Council in Herndon. "That is what we are doing in Virginia."

A slew of legislators from Northern Virginia joined McDonnell, including Sens. Mark Herring (D-Loudoun) and Janet Howell (D-Fairfax); Republican Dels. Dave Albo (Fairfax), Tom Rust (Fairfax), Tim Hugo (Fairfax), Barbara Comstock (Fairfax), Rich Anderson (Prince William), Joe May (Loudoun) and Jackson Miller (Manassas); and Democratic Dels. Mark Keam (Fairfax) and Mark Sickles (Fairfax). Several Northern Virginia technology and businesses also were in attendance.

By Anita Kumar  |  March 30, 2010; 5:44 PM ET
Categories:  Anita Kumar , General Assembly 2010 , House of Delegates , Robert F. McDonnell , State Senate  
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