SB 835 VA Became Law
Solid Rocket Motor Manufacturing Grant Fund; established.
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Summary
Solid Rocket Motor Manufacturing Grant Fund. Establishes the Solid Rocket Motor Manufacturing Grant Fund to provide grant installment awards between July 1, 2027, and July 1, 2046, in an amount not to exceed $6 million per fiscal year and in an aggregate amount not to exceed $97,723,000 to a qualified company that (i) engages in the manufacture of solid rocket motors, (ii) executes a memorandum of understanding with the Commonwealth, and (iii) is expected to make a capital investment of at least $537,570,000 and create and maintain at least 1,546 new full-time jobs. This bill is identical to HB 1531.
Sponsor (1)
- L. Louise Lucas Democratic · primary
Action history (25)
- Feb 24, 2026 Presented and ordered printed 26108122D · upper
- Feb 24, 2026 Referred to Committee on Finance and Appropriations · upper
- Feb 27, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB835) · upper
- Mar 3, 2026 Reported from Finance and Appropriations (14-Y 0-N) · upper
- Mar 3, 2026 Read first time · upper
- Mar 4, 2026 Read second time · upper
- Mar 4, 2026 Engrossed by Senate (Voice Vote) · upper
- Mar 5, 2026 Read third time and passed Senate (39-Y 0-N 0-A) · upper
- Mar 9, 2026 Placed on Calendar · lower
- Mar 9, 2026 Read first time · lower
- Mar 9, 2026 Referred to Committee on Appropriations · lower
- Mar 9, 2026 Reported from Appropriations (22-Y 0-N) · lower
- Mar 11, 2026 Read second time · lower
- Mar 12, 2026 Moved from Uncontested Calendar to Regular Calendar · lower
- Mar 12, 2026 Read third time · lower
- Mar 12, 2026 Passed House (94-Y 2-N 0-A) · lower
- Mar 30, 2026 Enrolled · upper
- Mar 30, 2026 Bill text as passed Senate and House (SB835ER) · upper
- Mar 30, 2026 Signed by President · upper
- Mar 31, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB835) · upper
- Mar 31, 2026 Signed by Speaker · lower
- Mar 31, 2026 Enrolled Bill communicated to Governor on March 31, 2026 · upper
- Mar 31, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
- Apr 6, 2026 Approved by Governor-Chapter 349 (effective 7/1/2026) · executive
- Apr 6, 2026 Acts of Assembly Chapter text (CHAP0349) · executive
Text versions (6)
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