Shipping and Logistics Headquarters Grant Program; established, report. (HB5001)

Introduced By

Del. Luke Torian (D-Woodbridge) with support from co-patron Del. Mark Sickles (D-Alexandria)

Progress

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

Description

Shipping and Logistics Headquarters Grant Program. Establishes the Shipping and Logistics Headquarters Grant Program to provide grants to a qualified shipping and logistics company that retains its North American headquarters in the City of Norfolk, makes a capital investment of at least $36 million, creates and maintains at least 415 new jobs, and establishes and operates a research and development center. The qualified company would be eligible for an aggregate of $9.5 million in grants, payable in installments and contingent upon the qualified company's meeting performance parameters. Read the Bill »

Status

03/04/2021: Awaiting a Vote in the Appropriations Committee

History

Date	Action
02/11/2021	Introduced at the request of Governor
02/11/2021	Presented and ordered printed 21200008D
02/11/2021	Referred to Committee on Appropriations
02/15/2021	Impact statement from DPB (HB5001)
02/15/2021	Reported from Appropriations (22-Y 0-N) (see vote tally)
02/17/2021	Read first time
02/18/2021	Read second time and engrossed
02/19/2021	Read third time and passed House (87-Y 12-N)
02/19/2021	VOTE: Passage (87-Y 12-N)
02/22/2021	Constitutional reading dispensed
02/22/2021	Referred to Committee on Finance and Appropriations
02/25/2021	Reported from Finance and Appropriations (16-Y 0-N)
02/25/2021	Read second time
02/27/2021	Read third time
02/27/2021	Passed Senate (36-Y 2-N 1-A)