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 SB 1207.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Mar 19Acts of Assembly Chapter text (CHAP0093)Latest
- Mar 19Approved by Governor Glenn Youngkin-Chapter 93 (Effective 07/01/25)Became Law
- Feb 18Governor's Action Deadline 11:59 p.m., March 24, 2025To Governor
- Feb 18Enrolled Bill communicated to Governor on February 18, 2025Minor
- Feb 13Signed by PresidentMajor
- Feb 11Fiscal Impact Statement from Department of Planning and Budget (HB2540)
- Feb 10Signed by SpeakerMajor
- Feb 10Bill text as passed House and Senate (HB2540ER)Major
- Feb 10EnrolledMinor
- Feb 7Passed Senate (39-Y 0-N)Passed Senate
- Vote recorded Passed Senate (39-Y 0-N). Result: pass.Upper
- Feb 7Read third timeMinor
- Feb 6Passed by for the day
- Vote recorded Constitutional reading dispensed (on 2nd reading) (40-Y 0-N). Result: pass.Upper
- Feb 6Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
- Feb 6Rules suspended
- Feb 5Reported from Finance and Appropriations (13-Y 0-N)Minor
- Vote recorded Reported from Finance and Appropriations (13-Y 0-N). Result: pass.Upper
- Jan 31Referred to Committee on Finance and AppropriationsMinor
- Jan 31Constitutional reading dispensed (on 1st reading)
- Jan 30Fiscal Impact Statement from Department of Planning and Budget (HB2540)
- Vote recorded Read third time and passed House (90-Y 6-N). Result: pass.Lower
- Jan 30Read third time and passed House (90-Y 6-N)Passed House
- Jan 29Printed as engrossed 25104335D-E
- Jan 29Engrossed by House as amended
- Jan 29Appropriations Amendment agreed toMajor
- Jan 29Read second timeMinor
- Jan 29Moved from Uncontested Calendar to Regular Calendar
- Jan 28Read first timeMinor
- Jan 24Reported from Appropriations with amendment(s) (22-Y 0-N)Minor
- Vote recorded Reported from Appropriations with amendment(s) (22-Y 0-N). Result: pass.Lower
- Jan 22Subcommittee recommends reporting with amendment(s) (8-Y 0-N)
- Vote recorded Subcommittee recommends reporting with amendment(s) (8-Y 0-N). Result: pass.Lower
- Jan 18Assigned Approps sub: Commerce Agriculture & Natural ResourcesMinor
- Jan 16Fiscal Impact Statement from Department of Planning and Budget (HB2540)
- Jan 9Referred to Committee on AppropriationsMinor
- Jan 9Prefiled and ordered printed; Offered 01-08-2025 25104335DIntroduced