Advanced Production Grant Program and Fund; created. (SB1014)

Introduced By

Sen. Frank Ruff (R-Clarksville)

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. This bill is identical to HB 1733. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/16/2020Unanimous consent to introduce
01/16/2020Presented and ordered printed 20105983D
01/16/2020Referred to Committee on Commerce and Labor
01/27/2020Impact statement from DPB (SB1014)
01/27/2020Rereferred from Commerce and Labor (15-Y 0-N) (see vote tally)
01/27/2020Rereferred to Finance and Appropriations
02/06/2020Reported from Finance and Appropriations (14-Y 0-N) (see vote tally)
02/10/2020Constitutional reading dispensed (36-Y 0-N) (see vote tally)
02/11/2020Read second time and engrossed
02/11/2020Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/11/2020Passed Senate (39-Y 0-N) (see vote tally)
02/11/2020Reconsideration of passage agreed to by Senate (40-Y 0-N) (see vote tally)
02/11/2020Passed Senate (40-Y 0-N) (see vote tally)
02/14/2020Placed on Calendar
02/14/2020Read first time
02/14/2020Referred to Committee on Labor and Commerce
02/18/2020Referred from Labor and Commerce
02/18/2020Referred to Committee on Appropriations
02/18/2020Assigned App. sub: Commerce Agriculture & Natural Resources
02/19/2020Subcommittee recommends reporting (7-Y 0-N)
02/21/2020Reported from Appropriations (22-Y 0-N) (see vote tally)
02/25/2020Read second time
02/26/2020Read third time
02/26/2020Passed House (89-Y 8-N)
02/26/2020VOTE: Passage (89-Y 8-N) (see vote tally)
03/04/2020Enrolled
03/04/2020Bill text as passed Senate and House (SB1014ER)
03/04/2020Impact statement from DPB (SB1014ER)
03/05/2020Signed by President
03/06/2020Signed by Speaker
03/12/2020Enrolled Bill Communicated to Governor on March 12, 2020
03/12/2020G Governor's Action Deadline 11:59 p.m., April 11, 2020
04/06/2020G Approved by Governor-Chapter 763 (effective 7/1/20)
04/06/2020G Acts of Assembly Chapter text (CHAP0763)