VirginiaTransformer Manufacturing Expansion Grant Fund; established.
What it does
Transformer Manufacturing Expansion Grant Fund. Establishes the Transformer Manufacturing Expansion Grant Fund to provide grant installment awards between July 1, 2027, and July 1, 2041, in an amount not to exceed $5.1 million per fiscal year and in an aggregate amount not to exceed $60 million, to a qualified company that (i) engages in the manufacture of electrical transformers, (ii) executes a memorandum of understanding with the Commonwealth, and (iii) is expected to make a capital investment of at least $301 million and create and maintain at least 1,185 new full-time jobs. This bill is identical to SB 836.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 6Acts of Assembly Chapter text (CHAP0324)Latest
- Apr 6Approved by Governor Abigail Spanberger-Chapter 324 (effective 7/1/2026)Became Law
- Mar 31Governor's Action Deadline 11:59 p.m., April 13, 2026To Governor
- Mar 31Enrolled Bill communicated to Governor on March 31, 2026Minor
- Mar 31Signed by SpeakerMajor
- Mar 31Fiscal Impact Statement from Department of Planning and Budget (HB1530)
- Mar 30Signed by PresidentMajor
- Mar 30Bill text as passed House and Senate (HB1530ER)Major
- Mar 30EnrolledMinor
- Mar 11Passed Senate Block Vote (40-Y 0-N 0-A)Major
- Vote recorded Reconsider R. Result: pass.Upper
- Vote recorded Passage R. Result: pass.Upper
- Vote recorded Passage R. Result: pass.Upper
- Mar 11Reconsideration of Senate passage agreed to by Senate (40-Y 0-N 0-A)
- Mar 11Passed Senate Block Vote (39-Y 0-N 0-A)Passed Senate
- Mar 11Read third timeMinor
- Mar 10Passed by for the day (Voice Vote)
- Vote recorded Constitutional reading dispensed (on 2nd reading). Result: pass.Upper
- Mar 10Constitutional reading dispensed (on 2nd reading) (37-Y 0-N 0-A)
- Mar 10Rules suspended
- Mar 9Reported from Finance and Appropriations (14-Y 0-N)Minor
- Vote recorded Reported from Finance and Appropriations. Result: pass.Upper
- Mar 6Referred to Committee on Finance and AppropriationsMinor
- Mar 6Constitutional reading dispensed (on 1st reading)
- Mar 5Read third time and passed House (96-Y 2-N 0-A)Passed House
- Vote recorded H VOTE:. Result: pass.Lower
- Mar 4Read second time and engrossedMinor
- Mar 3Read first timeMinor
- Mar 2Fiscal Impact statement From DPB (3/2/2026 2:05 pm)
- Feb 27Reported from Appropriations (22-Y 0-N)Minor
- Vote recorded Reported from Appropriations. Result: pass.Lower
- Feb 26Assigned HAPP sub: Commerce Agriculture & Natural ResourcesMinor
- Feb 24Referred to Committee on AppropriationsMinor
- Feb 24Introduced at the request of Governor
- Feb 24Presented and ordered printed 26108045DIntroduced