Semiconductor Manufacturing Grant Fund; created. (HB2180)

Introduced By

Del. Nick Rush (R-Christiansburg) with support from 7 copatrons, whose average partisan position is:

Those copatrons are Del. Hala Ayala (D-Woodbridge), Del. Riley Ingram (R-Hopewell), Del. Matthew James (D-Portsmouth), Del. Steve Landes (R-Weyers Cave), Del. Charles Poindexter (R-Glade Hill), Del. Roxann Robinson (R-Chesterfield), Del. Luke Torian (D-Woodbridge)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Semiconductor Manufacturing Grant Fund; creation. Creates the Semiconductor Manufacturing Grant Fund for the award of grants to a qualified semiconductor manufacturing company that makes a capital investment of at least $2.98 billion in a qualified locality and creates and maintains at least 1,106 new jobs with an average annual wage of at least $92,000. Such a qualified company would be eligible to receive a grant of $50 million in fiscal year 2020 and a grant of $20 million in fiscal year 2021, subject to total or partial recapture if the qualified company does not meet the performance metrics agreed to in a memorandum of understanding with the Commonwealth. This bill is identical to SB 1370. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/08/2019Committee
01/08/2019Prefiled and ordered printed; offered 01/09/19 19102237D
01/08/2019Referred to Committee on Appropriations
01/11/2019Assigned App. sub: Commerce, Agriculture, Natural Resources & Technology
01/14/2019Impact statement from DPB (HB2180)
01/16/2019Subcommittee recommends reporting (8-Y 0-N)
01/21/2019Reported from Appropriations (21-Y 0-N) (see vote tally)
01/23/2019Read first time
01/24/2019Read second time and engrossed
01/25/2019Read third time and passed House (91-Y 5-N)
01/25/2019VOTE: PASSAGE (91-Y 5-N) (see vote tally)
01/28/2019Constitutional reading dispensed
01/28/2019Referred to Committee on Finance
02/05/2019Reported from Finance (11-Y 0-N) (see vote tally)
02/06/2019Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/07/2019Read third time
02/07/2019Passed Senate (38-Y 2-N) (see vote tally)
02/11/2019Enrolled
02/11/2019Bill text as passed House and Senate (HB2180ER)
02/11/2019Impact statement from DPB (HB2180ER)
02/11/2019Signed by Speaker
02/11/2019Signed by President
02/12/2019G Governor's Action Deadline Midnight, February 18, 2019
02/12/2019Enrolled Bill communicated to Governor on February 12, 2019
02/12/2019G Governor's Action Deadline Midnight, February 19, 2019
02/19/2019G Approved by Governor-Chapter 34 (effective 7/1/19)
02/19/2019G Acts of Assembly Chapter text (CHAP0034)

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