Fabio
87 lines
4.7 KiB
Markdown
87 lines
4.7 KiB
Markdown
---
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type: "Bill"
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title: "Financial Services Expansion Grant Fund; established."
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description: "Financial Services Expansion Grant Fund. Creates the Financial Services Expansion Grant Fund to make grant payments to an eligible financial services company that makes a capital investment of at least $87 million at a facility in Roanoke County and creates at least 1,100 new full-time jobs at the facility. The eligible financial services company would be eligible for an aggregate of $15 million in grants paid out over a 10-year period if it meets such performance parameters. This bill is identical to HB 468."
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jurisdiction: "us/states/va"
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legislature: "Virginia General Assembly"
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session: "2024"
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identifier: "SB 156"
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citation: "Virginia SB 156 (2024)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Christopher T. Head"]
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version_count: 3
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action_count: 24
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vote_count: 5
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first_action: "2024-01-05"
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last_action: "2024-03-14"
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source: "openstates"
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source_identifier: "ocd-bill/4e2e6413-240a-44dd-9bfb-bc7ca61083e5"
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source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+SB156"
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source_hash: "be35d665e35cb80f515668d19165627ea16d3216b92136678e80dde58acdb542"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-va"]
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---
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# Virginia SB 156 (2024) — Financial Services Expansion Grant Fund; established.
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Financial Services Expansion Grant Fund. Creates the Financial Services Expansion Grant Fund to make grant payments to an eligible financial services company that makes a capital investment of at least $87 million at a facility in Roanoke County and creates at least 1,100 new full-time jobs at the facility. The eligible financial services company would be eligible for an aggregate of $15 million in grants paid out over a 10-year period if it meets such performance parameters. This bill is identical to HB 468.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **CHAP0092** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+CHAP0092)
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2. **Prefiled and ordered printed; offered 01/10/24 24102880D** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB156)
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3. **SB156ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB156ER)
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## Votes
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- VOTE: Passage (91-Y 4-N) — **90–4** (pass) · lower
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- Read third time and passed Senate (40-Y 0-N) — **40–0** (pass) · upper
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- Reported from Appropriations (22-Y 0-N) — **22–0** (pass) · lower
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- Constitutional reading dispensed (40-Y 0-N) — **40–0** (pass) · upper
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- Reported from Finance and Appropriations (13-Y 0-N) — **13–0** (pass) · upper
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## Sponsors
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- Christopher T. Head — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2024-01-05** Prefiled and ordered printed; offered 01/10/24 24102880D `filing, introduction`
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- **2024-01-05** Referred to Committee on Finance and Appropriations `referral-committee`
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- **2024-01-19** Impact statement from DPB (SB156)
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- **2024-01-24** Reported from Finance and Appropriations (13-Y 0-N) `committee-passage`
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- **2024-01-25** Constitutional reading dispensed (40-Y 0-N)
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- **2024-01-26** Read second time and engrossed `reading-2`
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- **2024-01-29** Read third time and passed Senate (40-Y 0-N) `passage, reading-3`
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- **2024-02-13** Placed on Calendar
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- **2024-02-13** Read first time `reading-1`
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- **2024-02-13** Referred to Committee on Appropriations `referral-committee`
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- **2024-02-21** Reported from Appropriations (22-Y 0-N) `committee-passage`
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- **2024-02-23** Read second time `reading-2`
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- **2024-02-26** Read third time `reading-3`
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- **2024-02-26** Passed House (91-Y 4-N) `passage`
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- **2024-02-26** VOTE: Passage (91-Y 4-N) `passage`
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- **2024-02-29** Enrolled `enrolled`
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- **2024-02-29** Bill text as passed Senate and House (SB156ER) `passage`
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- **2024-02-29** Impact statement from DPB (SB156ER)
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- **2024-02-29** Signed by Speaker `passage`
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- **2024-03-03** Signed by President `passage`
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- **2024-03-11** Enrolled Bill Communicated to Governor on March 11, 2024 `enrolled`
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- **2024-03-11** Governor's Action Deadline 11:59 p.m., April 8, 2024 `executive-receipt`
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- **2024-03-14** Approved by Governor-Chapter 92 (effective 7/1/24) `executive-signature`
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- **2024-03-14** Acts of Assembly Chapter text (CHAP0092)
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/4e2e6413-240a-44dd-9bfb-bc7ca61083e5`. Confidence: reported (aggregated from official Virginia legislature records).
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