SB1014
Advanced Production Grant Program and Fund; created.
Summary
As Passed Both Chambers. Advanced Production Grant Program and Fund.
Creates the Advanced Production Grant Program and Fund to make grant payments to an eligible business transportation manufacturer and producer that engages in the production of business trucks and that makes a capital investment of at least $58 million at a facility in Pittsylvania County and creates at least 703 ... (More) new full-time jobs at the facility. The eligible company would be eligible for an aggregate of $7 million in grants paid out over a five-year period if it meets such performance parameters and complies with the terms of a memorandum of understanding agreed upon by the qualified company, the Commonwealth, and the Virginia Economic Development Authority. This bill is identical to HB 1733. (Less)-
Bill History
- 01/16/2020 - Senate: Unanimous consent to introduce
- 01/16/2020 - Senate: Presented and ordered printed 20105983D
- 01/16/2020 - Senate: Referred to Committee on Commerce and Labor
- 01/27/2020 - Senate: Impact statement from DPB (SB1014)
- 01/27/2020 - Senate: Rereferred from Commerce and Labor (15-Y 0-N)
- 01/27/2020 - Senate: Rereferred to Finance and Appropriations
- 02/06/2020 - Senate: Reported from Finance and Appropriations (14-Y 0-N)
- 02/10/2020 - Senate: Constitutional reading dispensed (36-Y 0-N)
- 02/11/2020 - Senate: Read second time and engrossed
- 02/11/2020 - Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/11/2020 - Senate: Passed Senate (39-Y 0-N)
- 02/11/2020 - Senate: Reconsideration of passage agreed to by Senate (40-Y 0-N)
- 02/11/2020 - Senate: Passed Senate (40-Y 0-N)
- 02/14/2020 - House: Placed on Calendar
- 02/14/2020 - House: Read first time
- 02/14/2020 - House: Referred to Committee on Labor and Commerce
- 02/18/2020 - House: Referred from Labor and Commerce
- 02/18/2020 - House: Referred to Committee on Appropriations
- 02/18/2020 - House: Assigned App. sub: Commerce Agriculture & Natural Resources
- 02/19/2020 - House: Subcommittee recommends reporting (7-Y 0-N)
- 02/21/2020 - House: Reported from Appropriations (22-Y 0-N)
- 02/25/2020 - House: Read second time
- 02/26/2020 - House: Read third time
- 02/26/2020 - House: Passed House (89-Y 8-N)
- 02/26/2020 - House: VOTE: Passage (89-Y 8-N)
- 03/04/2020 - Senate: Enrolled
- 03/04/2020 - Senate: Bill text as passed Senate and House (SB1014ER)
- 03/04/2020 - Senate: Impact statement from DPB (SB1014ER)
- 03/05/2020 - Senate: Signed by President
- 03/06/2020 - House: Signed by Speaker
- 03/12/2020 - Senate: Enrolled Bill Communicated to Governor on March 12, 2020
- 03/12/2020 - Governor: Governor's Action Deadline 11:59 p.m., April 11, 2020
- 04/06/2020 - Governor: Approved by Governor-Chapter 763 (effective 7/1/20)
- 04/06/2020 - Governor: Acts of Assembly Chapter text (CHAP0763)
