Strategic Manufacturing and Job Repatriation Act; created, report. (HB2030)

Introduced By

Del. Joe May (R-Leesburg)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Strategic Manufacturing and Job Repatriation Act; report.  Directs the Secretary of Commerce and Trade to create a comprehensive manufacturing strategy designed to increase overall production, create private sector jobs, and identify emerging technologies to strengthen Commonwealth competitiveness and comparative advantages. By January 1, 2012, and every second year thereafter, the Secretary shall conduct a survey of firms in the Commonwealth. Any firm choosing not to complete the survey will be ineligible to receive Virginia contracts or assistance. The survey shall identify Virginia firms that maintain manufacturing, design, or support service facilities outside the United States; categories of products manufactured at such facilities; and the number of jobs located at such overseas facilities. The Secretary is also directed to establish multiple repatriation task forces to promote repatriation in accordance with the established targets for job repatriation and manufacturing growth. The measure also creates the Economic Security Commission to study and make recommendations on policy relating to Commonwealth economic competitiveness, particularly in the manufacturing, information technology, energy, and biotechnology sectors of the global economy, and to study technology-based planning policies to bolster Commonwealth economic competitiveness. The Economic Security Commission's duties include (i) reporting on issues surrounding technology-based planning, emerging technologies, and Commonwealth economic competitiveness, specifically with regard to international trade agreements, taxation, cybersecurity, intellectual property laws and enforcement, vocational training, education, research and development programs, and infrastructure, and (ii) overseeing the development and operation of a technology spatial mapping program. Finally, the measure provides that the Secretary be requested to study the impact and feasibility of a tax incentive to encourage firms to repatriate jobs to the Commonwealth. In conducting the study, the Secretary shall examine the merits of waiving all Virginia taxes on the return of offshore, untaxed profits by comparing the cost of such an incentive with the number of Virginia jobs created. Read the Bill »


Bill Has Failed


01/11/2011Prefiled and ordered printed; offered 01/12/11
01/11/2011Prefiled and ordered printed; offered 01/12/11 11103445D
01/11/2011Referred to Committee on Commerce and Labor
01/17/2011Assigned C & L sub: #2
01/20/2011Subcommittee recommends striking from docket (11-Y 0-N)
01/20/2011Subcommittee recommends striking from docket
02/08/2011Left in Commerce and Labor