Advanced shipbuilding training facility grant program; established. (HB2056)
Introduced By
Del. Phil Hamilton (R-Newport News)
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Advanced shipbuilding training grant program. Establishes a grant program relating to advanced shipbuilding activities involving nuclear warships for the U.S. Navy. Grants would be paid to an eligible shipbuilder based in Newport News that (i) makes a capital investment of at least $300 million; (ii) creates at least 1,000 new full-time jobs; and (iii) maintains an accredited apprenticeship program. A maximum of $50 million in grants would be paid beginning in the 2012-2013 fiscal year and ending in the 2021-2022 fiscal year. Amends § 59.1-284.23 (“Advanced Shipbuilding Training Facility Grant Program; eligible city.”), of the Code of Virginia. View Full Text »

