VA SB302 | 2025 | Regular Session

Note: Carry Over of previous SB302

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Engrossed on February 13 2024 - 50% progression
Action: 2024-02-28 - Continued to 2025 in Appropriations by voice vote
Pending: House Appropriations Committee
Text: Latest bill text (Comm Sub) [HTML]

Summary

Virginia First Manufacturing Incentive Program. Directs the Manufacturing Development Commission (the Commission) to develop a budget and business plan to establish a Virginia First Manufacturing Incentive Program (the Program). The bill provides that the business plan shall identify existing manufacturers in the Commonwealth that are potential candidates for reshoring, near-shoring, or in-shoring manufacturing jobs and capital investments. The bill directs that the Program focus on expanding and recruiting manufacturing operations that produce products identified as critical infrastructure by providing discretionary incentive funding for trade adjustment assistance. Finally, the bill requires that the Commission present the budget and business plan to the Secretary of Commerce and Trade and the Chairmen of the House Committee on General Laws and the Senate Committee on General Laws and Technology by October 1, 2024. Virginia First Manufacturing Incentive Program. Directs the Manufacturing Development Commission (the Commission) to develop a budget and business plan to establish a Virginia First Manufacturing Incentive Program (the Program). The bill provides that the business plan shall identify existing manufacturers in the Commonwealth that are potential candidates for reshoring, near-shoring, or in-shoring manufacturing jobs and capital investments. The bill directs that the Program focus on expanding and recruiting manufacturing operations that produce products identified as critical infrastructure by providing discretionary incentive funding for trade adjustment assistance. Finally, the bill requires that the Commission present the budget and business plan to the Secretary of Commerce and Trade and the Chairmen of the House Committee on General Laws and the Senate Committee on General Laws and Technology by October 1, 2024.

Tracking Information

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Title

Virginia First Manufacturing Incentive Program; Manufacturing Development Commission to create.

Sponsors


Roll Calls

2024-02-23 - House - House: Reported from Rules (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 2) [PASS]
2024-02-23 - House - House: Subcommittee recommends reporting (6-Y 0-N) (Y: 6 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-13 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-13 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 1) [PASS]
2024-02-12 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-12 - Senate - Senate: Reported from Finance and Appropriations (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-07 - Senate - Senate: Reported from General Laws and Technology with substitute (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2024-02-28HouseContinued to 2025 in Appropriations by voice vote
2024-02-23HouseReferred to Committee on Appropriations
2024-02-23HouseReported from Rules (16-Y 0-N)
2024-02-23HouseSubcommittee recommends referring to Committee on Appropriations
2024-02-23HouseSubcommittee recommends reporting (6-Y 0-N)
2024-02-22HouseAssigned Rules sub: Studies Subcommittee
2024-02-15HouseReferred to Committee on Rules
2024-02-15HouseRead first time
2024-02-15HousePlaced on Calendar
2024-02-13SenatePassed Senate (40-Y 0-N)
2024-02-13SenateConstitutional reading dispensed (39-Y 0-N)
2024-02-13SenateEngrossed by Senate - committee substitute SB302S1
2024-02-13SenateCommittee substitute agreed to 24107365D-S1
2024-02-13SenateReading of substitute waived
2024-02-13SenateRead second time
2024-02-12SenateConstitutional reading dispensed (40-Y 0-N)
2024-02-12SenateReported from Finance and Appropriations (15-Y 0-N)
2024-02-07SenateRereferred to Finance and Appropriations
2024-02-07SenateCommittee substitute printed 24107365D-S1
2024-02-07SenateReported from General Laws and Technology with substitute (14-Y 0-N)
2024-01-09SenateReferred to Committee on General Laws and Technology
2024-01-09SenatePrefiled and ordered printed; offered 01/10/24 24102492D

Same As/Similar To

SB302 (Carry Over) 2024-02-28 - Continued to 2025 in Appropriations by voice vote

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
222240.7(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?251+sum+SB302
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?251+ful+SB302+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?251+ful+SB302S1+hil
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?251+oth+SB302F122+PDF
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?251+oth+SB302FS1122+PDF
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?251+vot+S12C0072+SB0302
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?251+vot+S05C0298+SB0302
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?251+vot+SC0384SB0302+SB0302
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?251+vot+SC0419SB0302+SB0302
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?251+vot+SC0420SB0302+SB0302
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?251+vot+H2001C0106+SB0302
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?251+vot+H20C0160+SB0302

Bill Comments

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