Potential rules guiding investment crowdfunding will go to the full House for a vote in Virginia next week.  The legislation has been released by the Commerce and Labor Committee and will now take the next step towards becoming law.  The bill was sponsored by Del. Scott Taylor of Virginia Beach.  Taylor was quoted in the Augusta Free Press on the bill;

“Crowdfunding is a recent innovation to help entrepreneurs get their companies off the ground and find the capital to grow. My bill would eliminate many of the regulatory stumbling blocks for a business looking to take advantage of the opportunity to solicit investments by crowdfunding. There is no doubt this bill will enable Virginians, investing in Virginia companies, to create jobs.”