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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 Current and Mature Semiconductor Technology Grant Fund; established. Current and Mature Semiconductor Technology Grant Fund. Establishes the Current and Mature Semiconductor Technology Grant Fund to, subject to appropriation, fund 15 annual grant award installments, in an aggregate amount not to exceed $60 million, to a qualified company that engages in the manufacture of semiconductors and that executes a memorandum of understanding with the Commonwealth and, on and after July 1, 2024, but before June 30, 2040, is expected to (i) make a capital investment, defined in the bill, of at least $2,170,130,850 and (ii) create and maintain at least 340 new full-time jobs, in an eligible locality, defined in the bill. The bill also authorizes bonus grants of up to $10 million that a qualified company may earn for certain new full-time job creation and maintenance. The bill also repeals the existing Semiconductor Manufacturing Grant Fund and is identical to SB 1208. us/states/va Virginia General Assembly 2025 HB 2358 Virginia HB 2358 (2025)
bill
enacted
Luke E. Torian
3 27 6 2025-01-08 2025-03-18 openstates ocd-bill/08d86d9a-93bb-496f-abdd-0b70e89313e6 https://lis.virginia.gov/bill-details/20251/HB2358 eadb1a36e018b85c5c03f904ecb0a5f41769b5b582c5dfc08e67b6ca96ae348e 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-va

Virginia HB 2358 (2025) — Current and Mature Semiconductor Technology Grant Fund; established.

Current and Mature Semiconductor Technology Grant Fund. Establishes the Current and Mature Semiconductor Technology Grant Fund to, subject to appropriation, fund 15 annual grant award installments, in an aggregate amount not to exceed $60 million, to a qualified company that engages in the manufacture of semiconductors and that executes a memorandum of understanding with the Commonwealth and, on and after July 1, 2024, but before June 30, 2040, is expected to (i) make a capital investment, defined in the bill, of at least $2,170,130,850 and (ii) create and maintain at least 340 new full-time jobs, in an eligible locality, defined in the bill. The bill also authorizes bonus grants of up to $10 million that a qualified company may earn for certain new full-time job creation and maintenance. The bill also repeals the existing Semiconductor Manufacturing Grant Fund and is identical to SB 1208.

Version chain

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

  1. Introduced (filed) — source
  2. Chaptered (committee substitute) — source
  3. Enrolled (enrolled) — source

Votes

  • Passed Senate (39-Y 0-N) — 390 (pass) · upper
  • Reported from Appropriations (22-Y 0-N) — 220 (pass) · lower
  • Constitutional reading dispensed (on 2nd reading) (40-Y 0-N) — 400 (pass) · upper
  • Read third time and passed House (88-Y 7-N) — 887 (pass) · lower
  • Subcommittee recommends reporting (8-Y 0-N) — 80 (pass) · lower
  • Reported from Finance and Appropriations (13-Y 0-N) — 130 (pass) · upper

Sponsors

  • Luke E. Torian — primary (person)
  • Michelle Lopes Maldonado — cosponsor (person)

Timeline

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

  • 2025-01-08 Prefiled and ordered printed; Offered 01-08-2025 25100963D filing, introduction
  • 2025-01-08 Referred to Committee on Appropriations referral-committee
  • 2025-01-18 Assigned Approps sub: Commerce Agriculture & Natural Resources referral-committee
  • 2025-01-20 Fiscal Impact Statement from Department of Planning and Budget (HB2358)
  • 2025-01-22 Subcommittee recommends reporting (8-Y 0-N)
  • 2025-01-24 Reported from Appropriations (22-Y 0-N) committee-passage
  • 2025-01-28 Read first time reading-1
  • 2025-01-29 Moved from Uncontested Calendar to Regular Calendar
  • 2025-01-29 Read second time and engrossed reading-2
  • 2025-01-30 Read third time and passed House (88-Y 7-N) passage, reading-3
  • 2025-01-31 Constitutional reading dispensed (on 1st reading)
  • 2025-01-31 Referred to Committee on Finance and Appropriations referral-committee
  • 2025-02-05 Reported from Finance and Appropriations (13-Y 0-N) committee-passage
  • 2025-02-06 Rules suspended
  • 2025-02-06 Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
  • 2025-02-06 Passed by for the day
  • 2025-02-07 Read third time reading-3
  • 2025-02-07 Passed Senate (39-Y 0-N) passage
  • 2025-02-10 Enrolled enrolled
  • 2025-02-10 Bill text as passed House and Senate (HB2358ER) passage
  • 2025-02-10 Signed by Speaker passage
  • 2025-02-11 Fiscal Impact Statement from Department of Planning and Budget (HB2358)
  • 2025-02-13 Signed by President passage
  • 2025-02-18 Enrolled Bill communicated to Governor on February 18, 2025 enrolled, executive-receipt
  • 2025-02-18 Governor's Action Deadline 11:59 p.m., March 24, 2025 executive-receipt
  • 2025-03-18 Approved by Governor-Chapter 34 (Effective 07/01/25) executive-signature
  • 2025-03-18 Acts of Assembly Chapter text (CHAP0034)

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/08d86d9a-93bb-496f-abdd-0b70e89313e6. Confidence: reported (aggregated from official Virginia legislature records).