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2020 SESSION

• | print version

HB 1733 Advanced Production Grant Program and Fund; created.

Introduced by: Nick Rush | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

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 SB 1014.

FULL TEXT

• 01/22/20  House: Presented and ordered printed 20105213D  pdf | impact statement
• 02/25/20  House: Bill text as passed House and Senate (HB1733ER)  pdf | impact statement
• 03/10/20  Governor: Acts of Assembly Chapter text (CHAP0267)  pdf

HISTORY

• 01/22/20  House: Unanimous consent to introduce
• 01/22/20  House: Presented and ordered printed 20105213D
• 01/22/20  House: Referred to Committee on Appropriations
• 01/24/20  House: Assigned App. sub: Commerce Agriculture & Natural Resources
• 01/29/20  House: Subcommittee recommends reporting (5-Y 0-N)
• 01/31/20  House: Reported from Appropriations (20-Y 0-N)
• 02/04/20  House: Read first time
• 02/05/20  House: Read second time and engrossed
• 02/06/20  House: Read third time and passed House (93-Y 6-N)
• 02/06/20  House: VOTE: Passage (93-Y 6-N)
• 02/07/20  Senate: Constitutional reading dispensed
• 02/07/20  Senate: Referred to Committee on Finance and Appropriations
• 02/18/20  Senate: Reported from Finance and Appropriations (11-Y 0-N)
• 02/19/20  Senate: Constitutional reading dispensed (39-Y 0-N)
• 02/20/20  Senate: Read third time
• 02/20/20  Senate: Passed Senate (40-Y 0-N)
• 02/25/20  House: Enrolled
• 02/25/20  House: Bill text as passed House and Senate (HB1733ER)
• 02/25/20  House: Signed by Speaker
• 02/26/20  Senate: Signed by President
• 03/03/20  House: Enrolled Bill communicated to Governor on March 3, 2020
• 03/03/20  Governor: Governor's Action Deadline 11:59 p.m., March 10, 2020
• 03/10/20  Governor: Approved by Governor-Chapter 267 (effective 7/1/20)
• 03/10/20  Governor: Acts of Assembly Chapter text (CHAP0267)