SB 1156

  • Virginia Senate Bill
  • 2021 Regular Session
  • Introduced in Senate Jan 07, 2021
  • Passed Senate Jan 22, 2021
  • Passed House Feb 12, 2021
  • Signed by Governor Mar 18, 2021

Technology Development Grant Fund; created.

Abstract

Technology Development Grant Fund created.Creates the Technology Development Grant Fund to make grant paymentsto a qualified technology company that makes a capital investmentof at least $64 million at a facility in Fairfax County and createsat least 1,500 new full-time jobs at the facility. A qualified technologycompany would be eligible for an aggregate of $22.5 million in grantspaid over four years if it meets performance parameters and complieswith the terms of a memorandum of understanding agreed upon by thecompany, the Commonwealth, and the Virginia Economic DevelopmentPartnership Authority.

Bill Sponsors (1)

Votes


Actions


Mar 18, 2021

Office of the Governor

Approved by Governor-Chapter 271 (effective 7/1/21)

Feb 22, 2021

Office of the Governor

Governor's Action Deadline 11:59 p.m., March 31, 2021

Senate

Enrolled Bill Communicated to Governor on February 22, 2021

Feb 18, 2021

House

Signed by Speaker

Senate

Impact statement from DPB (SB1156ER)

Feb 17, 2021

Senate

Enrolled

Senate

Signed by President

Feb 12, 2021

House

Passed House (90-Y 10-N)

House

VOTE: Passage (90-Y 10-N)

Feb 11, 2021

House

Read second time

Feb 10, 2021

House

Reported from Appropriations (22-Y 0-N)

Feb 07, 2021

House

Continued to Special Session 1 in Appropriations

Feb 02, 2021

House

Referred to Committee on Appropriations

House

Read first time

House

Placed on Calendar

Jan 22, 2021

Senate

Read third time and passed Senate (37-Y 0-N)

Jan 21, 2021

Senate

Read second time and engrossed

Jan 20, 2021

Senate

Constitutional reading dispensed (39-Y 0-N)

Jan 19, 2021

Senate

Reported from Finance and Appropriations (15-Y 0-N)

Jan 18, 2021

Senate

Impact statement from DPB (SB1156)

Jan 07, 2021

Senate

Referred to Committee on Finance and Appropriations

Senate

Prefiled and ordered printed; offered 01/13/21 21102102D

Bill Text

Bill Text Versions Format
Prefiled and ordered printed; offered 01/13/21 21102102D HTML
SB1156ER HTML
CHAP0271 HTML

Related Documents

Document Format
Fiscal Impact Statement: SB1156F122.PDF PDF

Sources

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