SB1522
Cloud Computing Cluster Infrastructure Grant Fund; created.
Summary
As Passed Both Chambers. Data centers and cloud computing; sales tax exemption; grant fund.
Creates the Cloud Computing Cluster Infrastructure Grant Fund for the purpose of providing grants to qualified companies, defined in the bill as a company, including its affiliates, that enters into a memorandum of understanding with the Virginia Economic Development Partnership Authority and is expected to (i) make or cause to ... (More) be made a capital investment of at least $50 billion and (ii) create at least 1,500 new full-time jobs that pay an average annual wage of at least one and one-half times the prevailing average wage in the locality where the job is located. The bill requires that, in order to become a qualified company, a company successfully complete a qualification process that includes an endorsement from the MEI Commission and approval in the appropriation act for the amount of grants that are to be provided. (Less)-
Bill History
- 01/20/2023 - Senate: Presented and ordered printed 23102446D
- 01/20/2023 - Senate: Referred to Committee on Finance and Appropriations
- 01/31/2023 - Senate: Impact statement from DPB (SB1522)
- 02/01/2023 - Senate: Reported from Finance and Appropriations (14-Y 1-N)
- 02/02/2023 - Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/03/2023 - Senate: Read second time and engrossed
- 02/06/2023 - Senate: Read third time and passed Senate (38-Y 1-N)
- 02/08/2023 - House: Placed on Calendar
- 02/08/2023 - House: Read first time
- 02/08/2023 - House: Referred to Committee on Appropriations
- 02/10/2023 - House: Assigned App. sub: Commerce Agriculture & Natural Resources
- 02/13/2023 - House: Reported from Appropriations with substitute (21-Y 0-N)
- 02/13/2023 - House: Committee substitute printed 23106561D-H1
- 02/14/2023 - Senate: Impact statement from DPB (SB1522H1)
- 02/14/2023 - House: Read second time
- 02/15/2023 - House: House committee, floor amendments and substitutes offered
- 02/15/2023 - House: Read third time
- 02/15/2023 - House: Committee substitute agreed to 23106561D-H1
- 02/15/2023 - House: Amendment by Delegate Knight agreed to
- 02/15/2023 - House: Engrossed by House - committee substitute with amendment SB1522H1
- 02/15/2023 - House: Passed House with substitute with amendment (85-Y 10-N 1-A)
- 02/15/2023 - House: VOTE: Passage (85-Y 10-N 1-A)
- 02/15/2023 - Senate: House substitute with amendment rejected by Senate (0-Y 40-N)
- 02/15/2023 - House: House insisted on substitute with amendment
- 02/15/2023 - House: House requested conference committee
- 02/15/2023 - Senate: Senate acceded to request (40-Y 0-N)
- 02/15/2023 - Senate: Conferees appointed by Senate
- 02/15/2023 - Senate: Senators: Barker, McPike, Pillion
- 02/15/2023 - House: Conferees appointed by House
- 02/15/2023 - House: Delegates: Knight, Austin, Torian
- 02/20/2023 - Conference: Amended by conference committee
- 02/22/2023 - Senate: Conference report agreed to by Senate (36-Y 4-N)
- 02/25/2023 - House: Conference report agreed to by House (78-Y 14-N 1-A)
- 02/25/2023 - House: VOTE: Adoption (78-Y 14-N 1-A)
- 03/07/2023 - Senate: Enrolled
- 03/07/2023 - Senate: Bill text as passed Senate and House (SB1522ER)
- 03/07/2023 - Senate: Impact statement from DPB (SB1522ER)
- 03/08/2023 - Senate: Signed by President
- 03/08/2023 - House: Signed by Speaker
- 03/13/2023 - Senate: Enrolled Bill Communicated to Governor on March 13, 2023
- 03/13/2023 - Governor: Governor's Action Deadline 11:59 p.m., March 27, 2023
- 03/26/2023 - Governor: Approved by Governor-Chapter 671 (effective 7/1/23)
- 03/26/2023 - Governor: Acts of Assembly Chapter text (CHAP0671)
