SEARCH SITE
VIRGINIA LAW PORTAL
- Code of Virginia
- Virginia Administrative Code
- Constitution of Virginia
- Charters
- Authorities
- Compacts
- Uncodified Acts
- RIS Users (account required)
SEARCHABLE DATABASES
- Bills & Resolutions
session legislation - Bill Summaries
session summaries - Reports to the General Assembly
House and Senate documents - Legislative Liaisons
State agency contacts
ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
- Summaries: Since 1994
Developed and maintained by the Division of Legislative Automated Systems.
2008 SESSION
HB 1330 Aerospace Engine Manufacturing Performance Grant Program; created.
Introduced by: Riley E. Ingram | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Economic development grants; aerospace engine manufacturing. Establishes three grant programs relating to aerospace engine manufacturing. Grants would be paid to manufacturers of aerospace engines who (i) make a capital investment of at least $500 million in real and personal property and (ii) create in excess of 540 jobs relating to aerospace engine manufacturing or activities ancillary or supportive of such manufacturing. Under this grant program, a maximum of $35 million in grants would be paid beginning in the 2013-2014 fiscal year and ending in the 2022-2023 fiscal year. A second grant program would provide training grants in the amount of $9,000 for each new job created by a manufacturer of aerospace engines or an affiliate thereof. Training grants would not exceed $5,778,000 in total. In addition, a supplemental training grant in the amount of $3 million would be paid to an aerospace engine manufacturer who has invested at least $153.9 million in real and personal property and has hired at least 176 new employees. A final grant program would provide up to $5 million in grants to an aerospace engine manufacturer who attracts certain suppliers to locate or expand operations in the Commonwealth. Under this grant program, in order for the aerospace engine manufacturer to be paid the full $5 million in grants, such suppliers would be required to create at least 300 jobs and make a capital investment of at least $50 million.
FULL TEXT
- 01/09/08 House: Prefiled and ordered printed; offered 01/09/08 082877812 pdf | impact statement
- 02/09/08 House: Committee substitute printed 082945696-H1 pdf | impact statement
- 02/25/08 House: Bill text as passed House and Senate (HB1330ER) pdf | impact statement
- 03/06/08 Governor: Acts of Assembly Chapter text (CHAP0256) pdf
HISTORY
- 01/09/08 House: Prefiled and ordered printed; offered 01/09/08 082877812
- 01/09/08 House: Referred to Committee on Appropriations
- 01/18/08 House: Assigned App. sub: Economic Development, Agriculture and Natural Resources(Cox)
- 02/08/08 House: Reported from Appropriations with substitute (24-Y 0-N)
- 02/09/08 House: Committee substitute printed 082945696-H1
- 02/09/08 House: Read first time
- 02/11/08 House: Read second time
- 02/11/08 House: Committee substitute agreed to 082945696-H1
- 02/11/08 House: Engrossed by House - committee substitute HB1330H1
- 02/12/08 House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
- 02/12/08 House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
- 02/12/08 House: Communicated to Senate
- 02/13/08 Senate: Constitutional reading dispensed
- 02/13/08 Senate: Referred to Committee on Finance
- 02/19/08 Senate: Reported from Finance (15-Y 0-N)
- 02/20/08 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/21/08 Senate: Read third time
- 02/21/08 Senate: Passed Senate (39-Y 0-N)
- 02/21/08 Senate: Reconsideration of Senate passage agreed to by Senate (39-Y 0-N)
- 02/21/08 Senate: Passed Senate (40-Y 0-N)
- 02/25/08 House: Enrolled
- 02/25/08 House: Bill text as passed House and Senate (HB1330ER)
- 02/25/08 House: Signed by Speaker
- 02/26/08 Senate: Signed by President
- 03/04/08 Governor: Approved by Governor-Chapter 256 (effective 7/1/08)
- 03/06/08 Governor: Acts of Assembly Chapter text (CHAP0256)