VirginiaVirginia First Manufacturing Incentive Program; Manufacturing Development Commission to create.
What it does
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.
More detail
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.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2024
- Nov 18Left in AppropriationsLatest
- Feb 28Continued to 2025 in Appropriations (Voice Vote)
- Feb 23Referred to Committee on AppropriationsMinor
- Vote recorded Reported without amendment. Result: pass.Lower
- Vote recorded Reported without amendment. Result: pass.Lower
- Feb 23Reported from Rules (16-Y 0-N)Minor
- Feb 23Subcommittee recommends referring to Committee on AppropriationsMinor
- Feb 23Subcommittee recommends reporting (6-Y 0-N)
- Feb 22Assigned Rules sub: Studies SubcommitteeMinor
- Feb 15Referred to Committee on RulesMinor
- Feb 15Read first timeMinor
- Feb 15Placed on Calendar
- Feb 13Passed Senate (40-Y 0-N)Passed Senate
- Vote recorded Constitutional reading dispensed R. Result: pass.Upper
- Vote recorded Passage R. Result: pass.Upper
- Feb 13Constitutional reading dispensed (39-Y 0-N)
- Feb 13Engrossed by Senate - committee substitute SB302S1Major
- Feb 13Committee substitute agreed to 24107365D-S1Major
- Feb 13Reading of substitute waived
- Feb 13Read second timeMinor
- Feb 12Constitutional reading dispensed (40-Y 0-N)
- Vote recorded Reported without amendment. Result: pass.Upper
- Vote recorded Constitutional reading dispensed R. Result: pass.Upper
- Feb 12Reported from Finance and Appropriations (15-Y 0-N)Minor
- Feb 10Impact statement from DPB (SB302S1)
- Feb 7Rereferred to Finance and AppropriationsMinor
- Vote recorded Reported with substitute. Result: pass.Upper
- Feb 7Committee substitute printed 24107365D-S1Major
- Feb 7Reported from General Laws and Technology with substitute (14-Y 0-N)Minor
- Feb 7Senate committee, floor amendments and substitutes offered
- Jan 30Impact statement from DPB (SB302)
- Jan 9Referred to Committee on General Laws and TechnologyMinor
- Jan 9Prefiled and ordered printed; offered 01/10/24 24102492DIntroduced