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Virginia Economic Development Partnership; evaluation of new economic development incentives for companies engaging in the microchip and semiconductor and related equipment and material supplies sector; report. Directs the Virginia Economic Development Partnership, in collaboration with the Department of Taxation, to evaluate the benefits and impacts of new economic development incentives for companies engaging in the microchip and semiconductor and related equipment and material supplies sector. The bill requires VEDP to provide a report on its findings and recommendations to the Chairmen of the Senate Committee on Finance and Appropriations and the House Committee on Appropriations no later than November 30, 2025.
Introduced
Jan 8, 2025
Last Action
Feb 17, 2025
Session
VA 2025
Sponsors
1 primary · 0 co
Tabled in Rules (16-Y 1-N)
Referred to Committee on Rules
Read first time
Placed on Calendar
Read third time and passed Senate (40-Y 0-N)
Read second time and engrossed
Fiscal Impact Statement from Department of Planning and Budget (SB1184)
Passed by for the day
Constitutional reading dispensed (on 1st reading) (40-Y 0-N)
Rules suspended
Reported from Rules (15-Y 0-N)
Referred to Committee on Rules
Prefiled and ordered printed; Offered 01-08-2025 25103987D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Tabled in Rules (16-Y 1-N)
Jennifer D. Carroll Foy