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republic-os/legislation/us/states/va/2024/hb-1457.md
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Fabio 5a13be122b Legislation: batch E — CA TN VA VT WA WI WV WY 
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:28:36 -04:00

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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill Virginia Investment Performance Grant; economic development incentive grants. Virginia investment performance grants; Virginia economic development incentive grants. Requires, for any Virginia investment performance grant award determination that includes a job creation requirement, an eligible manufacturer or research and development service to pay an average wage, excluding fringe benefits, that is no less than the prevailing average wage for such new jobs. Under the bill, beginning July 1, 2024, (i) the aggregate amount of Virginia investment performance grants payable to all grant recipients in any fiscal year shall not exceed $7 million and (ii) grants shall be payable in amounts up to $5 million per eligible manufacturer or research and development service in five equal, annual installments of up to $1 million, beginning in the first year after verification of capital investment and pledged employment. The bill also provides that eligible companies shall be eligible to receive Virginia economic development incentive grants in the first year after verification that requirements applicable to such grant are satisfied. The bill contains an enactment clause clarifying that no existing agreement entered into prior to the effective date of the bill shall be impacted by the bill. us/states/va Virginia General Assembly 2024 HB 1457 Virginia HB 1457 (2024)
bill
enacted
Betsy B. Carr
6 47 10 2024-01-18 2024-04-05 openstates ocd-bill/ef8ae955-7e0f-4ce9-93aa-fab5018fb13e https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB1457 406953f74a1c187bdb2071a8a30682e8581426978400ae9cc42874fc12167c7f 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-va

Virginia HB 1457 (2024) — Virginia Investment Performance Grant; economic development incentive grants.

Virginia investment performance grants; Virginia economic development incentive grants. Requires, for any Virginia investment performance grant award determination that includes a job creation requirement, an eligible manufacturer or research and development service to pay an average wage, excluding fringe benefits, that is no less than the prevailing average wage for such new jobs. Under the bill, beginning July 1, 2024, (i) the aggregate amount of Virginia investment performance grants payable to all grant recipients in any fiscal year shall not exceed $7 million and (ii) grants shall be payable in amounts up to $5 million per eligible manufacturer or research and development service in five equal, annual installments of up to $1 million, beginning in the first year after verification of capital investment and pledged employment. The bill also provides that eligible companies shall be eligible to receive Virginia economic development incentive grants in the first year after verification that requirements applicable to such grant are satisfied. The bill contains an enactment clause clarifying that no existing agreement entered into prior to the effective date of the bill shall be impacted by the bill.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

  1. CHAP0563 (committee substitute) — source
  2. Committee substitute printed 24106516D-H1 (committee substitute) — source
  3. Committee substitute printed 24108455D-S1 (committee substitute) — source
  4. Conference substitute printed 24109091D-H2 (committee substitute) — source
  5. HB1457ER (committee substitute) — source
  6. Presented and ordered printed 24105328D (committee substitute) — source

Votes

  • VOTE: Adoption (93-Y 6-N) — 92–6 (pass) · lower
  • Conference report agreed to by Senate (40-Y 0-N) — 40–0 (pass) · upper
  • VOTE: REJECTED (1-Y 96-N) — 1–95 (fail) · lower
  • Senate insisted on substitute (40-Y 0-N) — 40–0 (pass) · upper
  • Reported from Finance and Appropriations with substitute (14-Y 0-N) — 14–0 (pass) · upper
  • VOTE: Block Vote Passage (98-Y 0-N) — 97–0 (pass) · lower
  • Passed Senate with substitute (40-Y 0-N) — 40–0 (pass) · upper
  • Subcommittee recommends reporting with substitute (8-Y 0-N) — 8–0 (pass) · lower
  • Reported from Appropriations with substitute (22-Y 0-N) — 22–0 (pass) · lower
  • Constitutional reading dispensed (39-Y 0-N) — 39–0 (pass) · upper

Sponsors

  • Betsy B. Carr — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

  • 2024-01-18 Presented and ordered printed 24105328D introduction
  • 2024-01-18 Referred to Committee on Appropriations referral-committee
  • 2024-01-23 Assigned App. sub: Commerce Agriculture & Natural Resources referral-committee
  • 2024-01-31 Subcommittee recommends reporting with substitute (8-Y 0-N) substitution
  • 2024-02-02 Reported from Appropriations with substitute (22-Y 0-N) committee-passage
  • 2024-02-02 Committee substitute printed 24106516D-H1 substitution
  • 2024-02-06 Read first time reading-1
  • 2024-02-07 Read second time reading-2
  • 2024-02-07 Committee substitute agreed to 24106516D-H1 substitution
  • 2024-02-07 Engrossed by House - committee substitute HB1457H1 substitution
  • 2024-02-08 Read third time and passed House BLOCK VOTE (98-Y 0-N) passage, reading-3
  • 2024-02-08 VOTE: Block Vote Passage (98-Y 0-N) passage
  • 2024-02-08 Impact statement from DPB (HB1457H1)
  • 2024-02-09 Constitutional reading dispensed
  • 2024-02-09 Referred to Committee on Finance and Appropriations referral-committee
  • 2024-02-28 Reported from Finance and Appropriations with substitute (14-Y 0-N) committee-passage
  • 2024-02-28 Committee substitute printed 24108455D-S1 substitution
  • 2024-02-29 Constitutional reading dispensed (39-Y 0-N)
  • 2024-03-01 Impact statement from DPB (HB1457S1)
  • 2024-03-01 Read third time reading-3
  • 2024-03-01 Reading of substitute waived
  • 2024-03-01 Committee substitute agreed to 24108455D-S1 substitution
  • 2024-03-01 Engrossed by Senate - committee substitute HB1457S1 substitution
  • 2024-03-01 Passed Senate with substitute (40-Y 0-N) passage
  • 2024-03-04 Senate substitute rejected by House 24108455D-S1 (1-Y 96-N)
  • 2024-03-04 VOTE: REJECTED (1-Y 96-N)
  • 2024-03-05 Senate insisted on substitute (40-Y 0-N) substitution
  • 2024-03-05 Senate requested conference committee referral-committee
  • 2024-03-06 House acceded to request
  • 2024-03-06 Conferees appointed by House
  • 2024-03-06 Delegates: Carr, Sewell, Austin
  • 2024-03-07 Conferees appointed by Senate
  • 2024-03-07 Senators: Carroll Foy, Boysko, Stuart
  • 2024-03-08 Amended by conference committee
  • 2024-03-08 Conference substitute printed 24109091D-H2
  • 2024-03-08 Conference report agreed to by House (93-Y 6-N) committee-passage-favorable
  • 2024-03-08 VOTE: Adoption (93-Y 6-N)
  • 2024-03-08 Conference report agreed to by Senate (40-Y 0-N) committee-passage-favorable
  • 2024-03-25 Enrolled enrolled
  • 2024-03-25 Bill text as passed House and Senate (HB1457ER) passage
  • 2024-03-25 Signed by President passage
  • 2024-03-26 Signed by Speaker passage
  • 2024-03-27 Impact statement from DPB (HB1457ER)
  • 2024-03-27 Enrolled Bill communicated to Governor on March 27, 2024 enrolled, executive-receipt
  • 2024-03-27 Governor's Action Deadline 11:59 p.m., April 8, 2024 executive-receipt
  • 2024-04-05 Approved by Governor-Chapter 563 (effective 7/1/24 - see bill) executive-signature
  • 2024-04-05 Acts of Assembly Chapter text (CHAP0563)

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/ef8ae955-7e0f-4ce9-93aa-fab5018fb13e. Confidence: reported (aggregated from official Virginia legislature records).

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