Major Headquarters Workforce Grant Fund; created. (SB1255)

Introduced By

Sen. Frank Ruff (R-Clarksville) with support from co-patron Sen. Dick Saslaw (D-Springfield)

Progress

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

Description

Major Headquarters Workforce Grant Fund. Creates the Major Headquarters Workforce Grant Fund. A qualified e-commerce company that makes a capital investment of at least $2 billion in a major headquarters facility in Arlington County and that creates at least 25,000 new full-time jobs with an average annual wage of $150,000 will be eligible for up to $550 million in grants from the Fund. A qualified company may also be eligible for an additional $200 million in grants for creating an additional 12,850 new full-time jobs. Read the Bill »

Status

01/16/2019: passed committee

History

Date	Action
01/05/2019	Referred to Committee on General Laws and Technology
01/05/2019	Prefiled and ordered printed; offered 01/09/19 19102500D
01/05/2019	Referred to Committee on Finance
01/05/2019	Introduced bill reprinted 19102500D
01/16/2019	Reported from Finance (14-Y 0-N 2-A)