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HB1498

Pharmaceutical Manufacturing Grant Program and Fund; created.

Status:
Enacted

Chief Patron:
Mark Sickles (D)

Session:
2020 Regular Session

Summary

As Introduced. Pharmaceutical Manufacturing Grant Program; creation.

Creates the Pharmaceutical Manufacturing Grant Program to make grant payments to an eligible pharmaceutical manufacturer that makes a capital investment of at least $1 billion at a facility in Rockingham County and creates at least 152 new full-time jobs at the facility. The pharmaceutical manufacturer would be eligible for an aggregate of $7.5 million in grants paid out over a three-year period if it meets such performance parameters. The bill also makes available, subject to appropriation, $2.525 million to a comprehensive community college and baccalaureate public institution of higher education in or near Rockingham County to support the workforce development needs of the manufacturer and other research and development companies in the area. This bill is identical to SB 610. (Less)
  • Bill History

  • 01/08/2020 - House: Presented and ordered printed 20102789D
  • 01/08/2020 - House: Referred to Committee on Labor and Commerce
  • 01/16/2020 - House: Referred from Labor and Commerce
  • 01/16/2020 - House: Referred to Committee on Appropriations
  • 01/17/2020 - House: Assigned App. sub: Commerce Agriculture & Natural Resources
  • 01/21/2020 - House: Impact statement from DPB (HB1498)
  • 01/24/2020 - House: Subcommittee recommends reporting (8-Y 0-N)
  • 01/27/2020 - House: Reported from Appropriations (22-Y 0-N)
  • 01/29/2020 - House: Read first time
  • 01/30/2020 - House: Read second time and engrossed
  • 01/31/2020 - House: Read third time and passed House (91-Y 7-N)
  • 01/31/2020 - House: VOTE: Passage (91-Y 7-N)
  • 02/03/2020 - Senate: Constitutional reading dispensed
  • 02/03/2020 - Senate: Referred to Committee on Education and Health
  • 02/13/2020 - Senate: Reported from Education and Health (13-Y 0-N)
  • 02/13/2020 - Senate: Rereferred to Finance and Appropriations
  • 02/19/2020 - Senate: Reported from Finance and Appropriations (14-Y 0-N)
  • 02/20/2020 - Senate: Constitutional reading dispensed (40-Y 0-N)
  • 02/21/2020 - Senate: Read third time
  • 02/21/2020 - Senate: Passed Senate (38-Y 0-N)
  • 02/26/2020 - House: Enrolled
  • 02/26/2020 - House: Bill text as passed House and Senate (HB1498ER)
  • 02/26/2020 - House: Impact statement from DPB (HB1498ER)
  • 02/27/2020 - House: Signed by Speaker
  • 02/27/2020 - Senate: Signed by President
  • 03/05/2020 - House: Enrolled Bill communicated to Governor on March 5, 2020
  • 03/05/2020 - Governor: Governor's Action Deadline 11:59 p.m., March 12, 2020
  • 03/11/2020 - Governor: Approved by Governor-Chapter 275 (effective 7/1/20)
  • 03/11/2020 - Governor: Acts of Assembly Chapter text (CHAP0275)