SB 404 VA Became Law
Active Pharmaceutical Ingredient Manufacturing Grant Fund; established.
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Summary
Active Pharmaceutical Ingredient Manufacturing Grant Fund. Establishes the Active Pharmaceutical Ingredient Manufacturing Grant Fund to provide grant installment awards between July 1, 2026, and July 1, 2045, in an amount not to exceed $15 million per fiscal year and in an aggregate amount not to exceed $130 million, to a qualified company that (i) engages in the manufacture of pharmaceutical substances, (ii) executes a memorandum of understanding with the Commonwealth, and (iii) is expected to make a capital investment of at least $2,148,793,019 and create and maintain at least 468 new full-time jobs. This bill is identical to HB 800.
Sponsor (1)
- L. Louise Lucas Democratic · primary
Action history (27)
- Jan 13, 2026 Prefiled and ordered printed; Offered 01-14-2026 26102909D · upper
- Jan 13, 2026 Referred to Committee on Finance and Appropriations · upper
- Jan 23, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB404) · upper
- Jan 27, 2026 Reported from Finance and Appropriations (14-Y 0-N) · upper
- Jan 28, 2026 Rules suspended · upper
- Jan 28, 2026 Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A) · upper
- Jan 28, 2026 Passed by for the day Block Vote (Voice Vote) · upper
- Jan 28, 2026 Passed by for the day · upper
- Jan 29, 2026 Read second time · upper
- Jan 29, 2026 Engrossed by Senate (Voice Vote) · upper
- Jan 30, 2026 Read third time and passed Senate (38-Y 0-N 0-A) · upper
- Feb 4, 2026 Placed on Calendar · lower
- Feb 4, 2026 Read first time · lower
- Feb 4, 2026 Referred to Committee on Appropriations · lower
- Feb 18, 2026 Assigned HAPP sub: Commerce Agriculture & Natural Resources · lower
- Feb 20, 2026 Reported from Appropriations (22-Y 0-N) · lower
- Feb 24, 2026 Read second time · lower
- Feb 25, 2026 Read third time · lower
- Feb 25, 2026 Passed House (97-Y 0-N 0-A) · lower
- Feb 27, 2026 Enrolled · upper
- Feb 27, 2026 Bill text as passed Senate and House (SB404ER) · upper
- Feb 27, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB404) · upper
- Feb 27, 2026 Signed by Speaker · lower
- Feb 27, 2026 Signed by President · upper
- Mar 10, 2026 Enrolled Bill communicated to Governor on March 10, 2026 · upper
- Mar 10, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
- Apr 13, 2026 Approved by Governor-Chapter 822 (effective 7/1/2026) · executive
Text versions (4)
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