Loading
Loading
Your feedback directly shapes Sporos.
Sign in to track your feedback history
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.
Introduced
Jan 9, 2025
Last Action
Mar 19, 2025
Session
VA 2025
Sponsors
1 primary · 1 co
Acts of Assembly Chapter text (CHAP0093)
Approved by Governor-Chapter 93 (Effective 07/01/25)
Governor's Action Deadline 11:59 p.m., March 24, 2025
Enrolled Bill communicated to Governor on February 18, 2025
Signed by President
Fiscal Impact Statement from Department of Planning and Budget (HB2540)
Signed by Speaker
Bill text as passed House and Senate (HB2540ER)
Enrolled
Passed Senate (39-Y 0-N)
Read third time
Passed by for the day
Rules suspended
Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
Reported from Finance and Appropriations (13-Y 0-N)
Referred to Committee on Finance and Appropriations
Constitutional reading dispensed (on 1st reading)
Fiscal Impact Statement from Department of Planning and Budget (HB2540)
Read third time and passed House (90-Y 6-N)
Engrossed by House as amended
Appropriations Amendment agreed to
Read second time
Moved from Uncontested Calendar to Regular Calendar
Printed as engrossed 25104335D-E
Read first time
Reported from Appropriations with amendment(s) (22-Y 0-N)
Subcommittee recommends reporting with amendment(s) (8-Y 0-N)
Assigned Approps sub: Commerce Agriculture & Natural Resources
Fiscal Impact Statement from Department of Planning and Budget (HB2540)
Referred to Committee on Appropriations
Prefiled and ordered printed; Offered 01-08-2025 25104335D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Acts of Assembly Chapter text (CHAP0093)
Daniel W. Marshall, III