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2024 SESSION

• | print version

SB 302 Virginia First Manufacturing Incentive Program; Manufacturing Development Commission to create.

Introduced by: Bill DeSteph | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED SENATE: (all summaries)

Virginia First Manufacturing Incentive Program. Directs the Manufacturing Development Commission (the Commission) to develop a budget and business plan to establish a Virginia First Manufacturing Incentive Program (the Program). The bill provides that the business plan shall identify existing manufacturers in the Commonwealth that are potential candidates for reshoring, near-shoring, or in-shoring manufacturing jobs and capital investments. The bill directs that the Program focus on expanding and recruiting manufacturing operations that produce products identified as critical infrastructure by providing discretionary incentive funding for trade adjustment assistance. Finally, the bill requires that the Commission present the budget and business plan to the Secretary of Commerce and Trade and the Chairmen of the House Committee on General Laws and the Senate Committee on General Laws and Technology by October 1, 2024. 

FULL TEXT

• 01/09/24  Senate: Prefiled and ordered printed; offered 01/10/24 24102492D  pdf | impact statement
• 02/07/24  Senate: Committee substitute printed 24107365D-S1  pdf | impact statement

AMENDMENTS

• Senate committee, floor amendments and substitutes offered

HISTORY

• 01/09/24  Senate: Prefiled and ordered printed; offered 01/10/24 24102492D
• 01/09/24  Senate: Referred to Committee on General Laws and Technology
• 02/07/24  Senate: Reported from General Laws and Technology with substitute (14-Y 0-N)
• 02/07/24  Senate: Committee substitute printed 24107365D-S1
• 02/07/24  Senate: Rereferred to Finance and Appropriations
• 02/12/24  Senate: Reported from Finance and Appropriations (15-Y 0-N)
• 02/12/24  Senate: Constitutional reading dispensed (40-Y 0-N)
• 02/13/24  Senate: Read second time
• 02/13/24  Senate: Reading of substitute waived
• 02/13/24  Senate: Committee substitute agreed to 24107365D-S1
• 02/13/24  Senate: Engrossed by Senate - committee substitute SB302S1
• 02/13/24  Senate: Constitutional reading dispensed (39-Y 0-N)
• 02/13/24  Senate: Passed Senate (40-Y 0-N)
• 02/15/24  House: Placed on Calendar
• 02/15/24  House: Read first time
• 02/15/24  House: Referred to Committee on Rules
• 02/22/24  House: Assigned Rules sub: Studies Subcommittee
• 02/23/24  House: Subcommittee recommends reporting (6-Y 0-N)
• 02/23/24  House: Subcommittee recommends referring to Committee on Appropriations
• 02/23/24  House: Reported from Rules (16-Y 0-N)
• 02/23/24  House: Referred to Committee on Appropriations
• 02/28/24  House: Continued to 2025 in Appropriations by voice vote