Advanced Production Grant Program and Fund; created. (HB1733)

Introduced By

Del. Nick Rush (R-Christiansburg)

Progress

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

Description

Advanced Production Grant Program and Fund. Creates the Advanced Production Grant Program and Fund to make grant payments to an eligible business transportation manufacturer and producer that engages in the production of business trucks and that makes a capital investment of at least $58 million at a facility in Pittsylvania County and creates at least 703 new full-time jobs at the facility. The eligible company would be eligible for an aggregate of $7 million in grants paid out over a five-year period if it meets such performance parameters and complies with the terms of a memorandum of understanding agreed upon by the qualified company, the Commonwealth, and the Virginia Economic Development Authority. Read the Bill »

Status

02/20/2020: Passed the Senate

History

DateAction
01/22/2020Committee
01/22/2020Unanimous consent to introduce
01/22/2020Presented and ordered printed 20105213D
01/22/2020Referred to Committee on Appropriations
01/24/2020Assigned App. sub: Commerce Agriculture & Natural Resources
01/27/2020Impact statement from DPB (HB1733)
01/29/2020Subcommittee recommends reporting (5-Y 0-N)
01/31/2020Reported from Appropriations (20-Y 0-N) (see vote tally)
02/04/2020Read first time
02/05/2020Read second time and engrossed
02/06/2020Read third time and passed House (93-Y 6-N)
02/06/2020VOTE: Passage (93-Y 6-N) (see vote tally)
02/07/2020Constitutional reading dispensed
02/07/2020Referred to Committee on Finance and Appropriations
02/18/2020Reported from Finance and Appropriations (11-Y 0-N) (see vote tally)
02/19/2020Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/20/2020Read third time
02/20/2020Passed Senate (40-Y 0-N) (see vote tally)

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