SB1207
Lithium-ion Battery Separator Manufacturing Grant Fund; created, definitions.
Status:
Enacted
Latest Action:
March 19, 2025
Acts of Assembly Chapter text (CHAP0110)
Chief Patron:
Tammy Mulchi (R)
Session:
2025 Regular Session
Summary
As Passed House of Origin. 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 ... (More) 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 HB 2540. (Less)-
Bill History
- 01/08/2025 - Senate: Prefiled and ordered printed; Offered 01-08-2025 25100957D
- 01/08/2025 - Senate: Referred to Committee on Commerce and Labor
- 01/16/2025 - Senate: Fiscal Impact Statement from Department of Planning and Budget (SB1207)
- 01/20/2025 - Senate: Rereferred from Commerce Labor and Rereferred to Finance and Appropriations (12-Y 0-N)
- 01/20/2025 - Senate: Rereferred to Finance and Appropriations
- 01/28/2025 - Senate: Reported from Finance and Appropriations with amendment (15-Y 0-N)
- 01/29/2025 - Senate: Rules suspended
- 01/29/2025 - Senate: Constitutional reading dispensed (on 1st reading) (38-Y 0-N)
- 01/29/2025 - Senate: Passed by for the day
- 01/30/2025 - Senate: Fiscal Impact Statement from Department of Planning and Budget (SB1207)
- 01/30/2025 - Senate: Read second time
- 01/30/2025 - Senate: Reading of amendment waived
- 01/30/2025 - Senate: Finance and Appropriations Amendment agreed to
- 01/30/2025 - Senate: Engrossed by Senate as amended
- 01/30/2025 - Senate: Printed as engrossed 25100957D-E
- 01/30/2025 - Senate: Rules suspended
- 01/30/2025 - Senate: Constitutional reading dispensed (on 3rd reading) (39-Y 1-N)
- 01/30/2025 - Senate: Passed Senate (40-Y 0-N)
- 02/04/2025 - House: Placed on Calendar
- 02/04/2025 - House: Read first time
- 02/04/2025 - House: Referred to Committee on Appropriations
- 02/06/2025 - House: Assigned Approps sub: Commerce Agriculture & Natural Resources
- 02/07/2025 - House: Placed on Appropriations Agenda
- 02/10/2025 - House: Reported from Appropriations (22-Y 0-N)
- 02/12/2025 - House: Read second time
- 02/13/2025 - House: Moved from Uncontested Calendar to Regular Calendar
- 02/13/2025 - House: Read third time
- 02/13/2025 - House: Passed House (90-Y 6-N)
- 02/18/2025 - Senate: Enrolled
- 02/18/2025 - Senate: Bill text as passed Senate and House (SB1207ER)
- 02/18/2025 - Senate: Fiscal Impact Statement from Department of Planning and Budget (SB1207)
- 02/18/2025 - House: Signed by Speaker
- 02/20/2025 - Senate: Signed by President
- 03/03/2025 - Senate: Enrolled Bill Communicated to Governor on March 3, 2025
- 03/03/2025 - Governor's Action Deadline 11:59 p.m., March 24, 2025
- 03/19/2025 - Approved by Governor-Chapter 110 (Effective 07/01/25)
- 03/19/2025 - Acts of Assembly Chapter text (CHAP0110)
