Va. Code Ann. § 30-310.1

In addition to the required review of certain incentive packages pursuant to § 30-310, the Commission may, in its discretion, also review potential economic development projects presented by private sector businesses or state authorities which would be financed through entitlements to sales taxes or through personal or corporate income tax incentives or modifications. The Commission shall not be required to endorse or recommend any such project but may include recommendations in its annual report prepared pursuant to § 30-312.