- Report Published -
|Interim Report of the Joint Subcommittee Studying Economic Development (HJR No. 132)|
|HJR 132 (Regular Session, 1986)|
|The General Assembly stressed the importance of economic development to Virginia by its passage of two study resolutions during the 1986 Session. This interim report of the subcommittee studying economic development pursuant to House Joint Resolution No. 132 will be followed by a final report upon the completion of the subcommittee's work. The subcommittee established pursuant to House Joint Resolution No. 13 has submitted its findings and recommendations on promotion of tourism and its relationship with economic development to the Governor and the 1987 General Assembly in House Document No. 21.|
Economic development has become increasingly important not only throughout the Commonwealth of Virginia but also across the United States. States, and different localities within a state, often compete for the same industry. New industry promises increased revenue and job opportunities which enhance the economy of the area.