VirginiaLithium-ion Battery Separator Manufacturing Grant Fund; created, definitions.
What it does
Lithium-ion Battery Separator Manufacturing Grant Fund. Establishes the Lithium-ion Battery Separator Manufacturing Grant Fund to, subject to appropriation, fund 20 annual grant award installments, in an aggregate amount not to exceed $60.597 million, to a qualified company that engages in the manufacture of lithium-ion battery separators and that executes a memorandum of understanding with the Commonwealth and the Virginia Economic Development Partnership Authority, and that on and after July 1, 2024, but before July 1, 2045, is expected to (i) make a capital investment, defined in the bill, of at least $1.3506 billion and (ii) create and maintain at least 2,015 new full-time jobs in Pittsylvania County. This bill is identical to HB 2540.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Mar 19Acts of Assembly Chapter text (CHAP0110)Latest
- Mar 19Approved by Governor Glenn Youngkin-Chapter 110 (Effective 07/01/25)Became Law
- Mar 3Governor's Action Deadline 11:59 p.m., March 24, 2025To Governor
- Mar 3Enrolled Bill Communicated to Governor on March 3, 2025Minor
- Feb 20Signed by PresidentMajor
- Feb 18Signed by SpeakerMajor
- Feb 18Fiscal Impact Statement from Department of Planning and Budget (SB1207)
- Feb 18Bill text as passed Senate and House (SB1207ER)Major
- Feb 18EnrolledMinor
- Feb 13Passed House (90-Y 6-N)Passed House
- Vote recorded Passed House (90-Y 6-N). Result: pass.Lower
- Feb 13Read third timeMinor
- Feb 13Moved from Uncontested Calendar to Regular Calendar
- Feb 12Read second timeMinor
- Feb 10Reported from Appropriations (22-Y 0-N)Minor
- Vote recorded Reported from Appropriations (22-Y 0-N). Result: pass.Lower
- Feb 6Assigned Approps sub: Commerce Agriculture & Natural ResourcesMinor
- Feb 4Referred to Committee on AppropriationsMinor
- Feb 4Read first timeMinor
- Feb 4Placed on Calendar
- Jan 30Passed Senate (40-Y 0-N)Passed Senate
- Vote recorded Constitutional reading dispensed (on 3rd reading) (39-Y 1-N). Result: pass.Upper
- Vote recorded Constitutional reading dispensed (on 3rd reading) (39-Y 1-N). Result: pass.Upper
- Jan 30Constitutional reading dispensed (on 3rd reading) (39-Y 1-N)
- Jan 30Rules suspended
- Jan 30Printed as engrossed 25100957D-E
- Jan 30Engrossed by Senate as amended
- Jan 30Finance and Appropriations Amendment agreed toMajor
- Jan 30Reading of amendment waived
- Jan 30Read second timeMinor
- Jan 30Fiscal Impact Statement from Department of Planning and Budget (SB1207)
- Jan 29Passed by for the day
- Vote recorded Constitutional reading dispensed (on 1st reading) (38-Y 0-N). Result: pass.Upper
- Jan 29Constitutional reading dispensed (on 1st reading) (38-Y 0-N)
- Jan 29Rules suspended
- Jan 28Reported from Finance and Appropriations with amendment (15-Y 0-N)Minor
- Vote recorded Reported from Finance and Appropriations with amendment (15-Y 0-N). Result: pass.Upper
- Jan 20Rereferred from Commerce Labor and Rereferred to Finance and Appropriations (12-Y 0-N)Minor
- Vote recorded Rereferred from Commerce and Labor and rereferred to Finance and Appropriations (12-Y 0-N). Result: pass.Upper
- Jan 16Fiscal Impact Statement from Department of Planning and Budget (SB1207)
- Jan 8Referred to Committee on Commerce and LaborMinor
- Jan 8Prefiled and ordered printed; Offered 01-08-2025 25100957DIntroduced