HB 2540

  • Virginia House Bill
  • 2025 Regular Session
  • Introduced in House Jan 09, 2025
  • Passed House Jan 30, 2025
  • Passed Senate Feb 07, 2025
  • Signed by Governor Mar 19, 2025

Lithium-ion Battery Separator Manufacturing Grant Fund; created, definitions.

Abstract

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.

An Act to amend the Code of Virginia by adding in Title 59.1 a chapter numbered 22.23, consisting of a section numbered 59.1-284.44, relating to Lithium-ion Battery Separator Manufacturing Grant Fund.

Bill Sponsors (2)

Votes


Actions


Mar 19, 2025

Office of the Governor

Acts of Assembly Chapter text (CHAP0093)

Office of the Governor

Approved by Governor-Chapter 93 (Effective 07/01/25)

Feb 18, 2025

Office of the Governor

Governor's Action Deadline 11:59 p.m., March 24, 2025

House

Enrolled Bill communicated to Governor on February 18, 2025

Feb 13, 2025

Senate

Signed by President

Feb 11, 2025

House

Fiscal Impact Statement from Department of Planning and Budget (HB2540)

Feb 10, 2025

House

Signed by Speaker

House

Bill text as passed House and Senate (HB2540ER)

House

Enrolled

Feb 07, 2025

Senate

Passed Senate (39-Y 0-N)

Senate

Read third time

Feb 06, 2025

Senate

Passed by for the day

Senate

Rules suspended

Senate

Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)

Feb 05, 2025

Senate

Reported from Finance and Appropriations (13-Y 0-N)

Jan 31, 2025

Senate

Referred to Committee on Finance and Appropriations

Senate

Constitutional reading dispensed (on 1st reading)

Jan 30, 2025

House

Fiscal Impact Statement from Department of Planning and Budget (HB2540)

House

Read third time and passed House (90-Y 6-N)

Jan 29, 2025

House

Engrossed by House as amended

House

Appropriations Amendment agreed to

House

Read second time

House

Moved from Uncontested Calendar to Regular Calendar

House

Printed as engrossed 25104335D-E

Jan 28, 2025

House

Read first time

Jan 24, 2025

House

Reported from Appropriations with amendment(s) (22-Y 0-N)

Jan 22, 2025

House

Subcommittee recommends reporting with amendment(s) (8-Y 0-N)

Jan 18, 2025

House

Assigned Approps sub: Commerce Agriculture & Natural Resources

Jan 16, 2025

House

Fiscal Impact Statement from Department of Planning and Budget (HB2540)

Jan 09, 2025

House

Referred to Committee on Appropriations

House

Prefiled and ordered printed; Offered 01-08-2025 25104335D

Bill Text

Bill Text Versions Format
Chaptered HTML PDF
Enrolled HTML PDF
Engrossed HTML PDF
Appropriations Amendment HTML
Introduced HTML PDF

Related Documents

Document Format
Fiscal Impact Statement from Department of Planning and Budget (HB2540) PDF PDF PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Virginia General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.