Aerospace Engine Manufacturing Performance Grant Program; established. (HB1330)

Introduced By

Del. Riley Ingram (R-Hopewell) with support from co-patrons Del. William Barlow (D-Smithfield), Sen. Roz Dance (D-Petersburg), Sen. Joe Morrissey (D-Richmond), and Sen. Fred Quayle (R-Suffolk)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Economic development grants; aerospace engine manufacturing. Establishes three grant programs relating to aerospace engine manufacturing. Grants would be paid to manufacturers of aerospace engines who (i) make a capital investment of at least $500 million in real and personal property and (ii) create in excess of 540 jobs relating to aerospace engine manufacturing or activities ancillary or supportive of such manufacturing. Under this grant program, a maximum of $35 million in grants would be paid beginning in the 2013-2014 fiscal year and ending in the 2022-2023 fiscal year. A second grant program would provide training grants in the amount of $9,000 for each new job created by a manufacturer of aerospace engines or an affiliate thereof. Training grants would not exceed $5,778,000 in total. In addition, a supplemental training grant in the amount of $3 million would be paid to an aerospace engine manufacturer who has invested at least $153.9 million in real and personal property and has hired at least 176 new employees. A final grant program would provide up to $5 million in grants to an aerospace engine manufacturer who induces certain suppliers to locate or expand operations in the Commonwealth. Such suppliers would be required to create at least 150 jobs and make a capital investment of at least $25 million in real and personal property. Read the Bill »


Bill Has Passed


01/09/2008Prefiled and ordered printed; offered 01/09/08 082877812
01/09/2008Referred to Committee on Appropriations
01/18/2008Assigned App. sub: Economic Development, Agriculture and Natural Resources(Cox)
01/21/2008Impact statement from DPB (HB1330)
02/06/2008Impact statement from DPB (HB1330)
02/08/2008Reported from Appropriations with substitute (24-Y 0-N) (see vote tally)
02/09/2008Committee substitute printed 082945696-H1
02/09/2008Read first time
02/11/2008Read second time
02/11/2008Committee substitute agreed to 082945696-H1
02/11/2008Engrossed by House - committee substitute HB1330H1
02/12/2008Read third time and passed House BLOCK VOTE (98-Y 0-N)
02/12/2008VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
02/12/2008Communicated to Senate
02/13/2008Constitutional reading dispensed
02/13/2008Referred to Committee on Finance
02/15/2008Impact statement from DPB (HB1330H1)
02/19/2008Reported from Finance (15-Y 0-N)
02/20/2008Constitutional reading dispensed (40-Y 0-N)
02/21/2008Read third time
02/21/2008Passed Senate (39-Y 0-N)
02/21/2008Reconsideration of Senate passage agreed to by Senate (39-Y 0-N)
02/21/2008Passed Senate (40-Y 0-N) (see vote tally)
02/25/2008Bill text as passed House and Senate (HB1330ER)
02/25/2008Signed by Speaker
02/26/2008Impact statement from DPB (HB1330ER)
02/26/2008Signed by President
03/04/2008G Approved by Governor-Chapter 254 (effective 7/1/08)
03/04/2008G Approved by Governor-Chapter 256 (effective 7/1/08)
03/06/2008G Acts of Assembly Chapter text (CHAP0256)

Duplicate Bills

The following bills are identical to this one: SB651.