RD37 - Annual Executive Summary of Interim Activity of the Tobacco Region Revitalization Commission – FY20: 07/01/19 - 12/31/19

Executive Summary:

The Tobacco Region Revitalization Commission is a 28-member body created by the 1999 General Assembly. It was established for the purposes of determining the appropriate recipients of moneys in the Tobacco Indemnification and Community Revitalization Fund and causing distribution of such moneys to (i) provide payments to tobacco farmers as compensation for the adverse economic effects resulting from loss of investment in specialized tobacco equipment and barns and lost tobacco production opportunities associated with a decline in quota and (ii) revitalize tobacco-dependent communities. (See § 3.2-3101, Code of Virginia).