VA SB1156 | 2021 | Regular Session

Note: Carry Foward to future SB1156

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on January 21 2021 - 50% progression, died in chamber
Action: 2021-02-07 - Continued to Special Session 1 in Appropriations by voice vote
Text: Latest bill text (Prefiled) [HTML]

Summary

Technology Development Grant Fund created. Creates the Technology Development Grant Fund to make grant payments to a qualified technology company that makes a capital investment of at least $64 million at a facility in Fairfax County and creates at least 1,500 new full-time jobs at the facility. A qualified technology company would be eligible for an aggregate of $22.5 million in grants paid over four years if it meets performance parameters and complies with the terms of a memorandum of understanding agreed upon by the company, the Commonwealth, and the Virginia Economic Development Partnership Authority.

Tracking Information

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Title

Technology Development Grant Fund; created.

Sponsors


Roll Calls

2021-01-22 - Senate - Senate: Read third time and passed Senate (37-Y 0-N) (Y: 37 N: 0 NV: 0 Abs: 2) [PASS]
2021-01-20 - Senate - Senate: Reading waived (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 0) [PASS]
2021-01-19 - Senate - Senate: Reported from Finance and Appropriations (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2021-02-07HouseContinued to Special Session 1 in Appropriations by voice vote
2021-02-02HouseReferred to Committee on Appropriations
2021-02-02HouseRead first time
2021-02-02HousePlaced on Calendar
2021-01-22SenateRead third time and passed Senate (37-Y 0-N)
2021-01-21SenateRead second time and engrossed
2021-01-20SenateConstitutional reading dispensed (39-Y 0-N)
2021-01-19SenateReported from Finance and Appropriations (15-Y 0-N)
2021-01-07SenateReferred to Committee on Finance and Appropriations
2021-01-07SenatePrefiled and ordered printed; offered 01/13/21 21102102D

Same As/Similar To

SB1156 (Carry Over) 2021-02-07 - Continued to Special Session 1 in Appropriations by voice vote

Code Citations

ChapterArticleSectionCitation TypeStatute Text
591284.38(n/a)See Bill Text

Virginia State Sources


Bill Comments

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