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2021 SPECIAL SESSION I

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Senate Committee on Finance and Appropriations

Chair: Janet D. Howell

Clerk: Michael Jackson
Staff: Connor Garstka
Date of Meeting: February 25, 2021
Time and Place: Upon 1st Recess /Senate Chamber/Register to speak @ GA Website
https://virginia-senate.granicus.com/ViewPublisher.php?view_id=3

H.B. 5001

Patron: Torian

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.

A BILL to amend the Code of Virginia by adding in Title 59.1 a chapter numbered 22.17, consisting of a section numbered 59.1-284.38, relating to Shipping and Logistics Headquarters Grant Program.

21200008D