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.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 6Acts of Assembly Chapter text (CHAP0325)Latest
- Apr 6Approved by Governor Abigail Spanberger-Chapter 325 (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 (SB836)
- Mar 30Signed by PresidentMajor
- Mar 30Bill text as passed Senate and House (SB836ER)Major
- Mar 30EnrolledMinor
- Mar 12Passed House (94-Y 2-N 0-A)Passed House
- Vote recorded H VOTE:. Result: pass.Lower
- Mar 12Read third timeMinor
- Mar 12Moved from Uncontested Calendar to Regular Calendar
- Mar 11Read second timeMinor
- Mar 9Reported from Appropriations (22-Y 0-N)Minor
- Vote recorded Reported from Appropriations. Result: pass.Lower
- Mar 9Referred to Committee on AppropriationsMinor
- Mar 9Read first timeMinor
- Mar 9Placed on Calendar
- Mar 5Read third time and passed Senate (39-Y 0-N 0-A)Passed Senate
- Vote recorded Passage R. Result: pass.Upper
- Mar 4Engrossed by Senate (Voice Vote)
- Mar 4Read second timeMinor
- Mar 3Read first timeMinor
- Vote recorded Reported from Finance and Appropriations. Result: pass.Upper
- Mar 3Reported from Finance and Appropriations (14-Y 0-N)Minor
- Feb 27Fiscal Impact Statement from Department of Planning and Budget (SB836)
- Feb 24Referred to Committee on Finance and AppropriationsMinor
- Feb 24Presented and ordered printed 26108123DIntroduced