HB 799 VA

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Became Law

Power Transformer Manufacturing Grant Fund. Establishes the Power Transformer Manufacturing Grant Fund to provide grant installment awards between July 1, 2026, and July 1, 2035, in an amount not to exceed $4.6 million per fiscal year and in an aggregate amount not to exceed $29.4 million, to a qualified company that (i) engages in the manufacture of power transformers, (ii) executes a memorandum of understanding with the Commonwealth, and (iii) is expected to make a capital investment of at least $457,157,000 and create and maintain at least 825 new full-time jobs. This bill is identical to SB 403.

• Luke E. Torian Democratic · primary

1. Jan 13, 2026 Prefiled and ordered printed; Offered 01-14-2026 26102901D · lower
2. Jan 13, 2026 Referred to Committee on Appropriations · lower
3. Jan 20, 2026 Assigned HAPP sub: Commerce Agriculture & Natural Resources · lower
4. Jan 23, 2026 Fiscal Impact Statement from Department of Planning and Budget (HB799) · lower
5. Jan 28, 2026 Subcommittee recommends reporting (5-Y 0-N) · lower
6. Jan 30, 2026 Reported from Appropriations (21-Y 0-N) · lower
7. Feb 3, 2026 Read first time · lower
8. Feb 4, 2026 Moved from Uncontested Calendar to Regular Calendar · lower
9. Feb 4, 2026 Read second time and engrossed · lower
10. Feb 5, 2026 Read third time and passed House (93-Y 4-N 0-A) · lower
11. Feb 6, 2026 Constitutional reading dispensed (on 1st reading) · upper
12. Feb 6, 2026 Referred to Committee on Finance and Appropriations · upper
13. Feb 17, 2026 Reported from Finance and Appropriations (13-Y 0-N) · upper
14. Feb 18, 2026 Read second time · upper
15. Feb 18, 2026 Rules suspended · upper
16. Feb 18, 2026 Constitutional reading dispensed Block Vote (on 2nd reading) (38-Y 0-N 0-A) · upper
17. Feb 18, 2026 Passed by for the day · upper
18. Feb 19, 2026 Read third time · upper
19. Feb 19, 2026 Passed Senate Block Vote (39-Y 0-N 0-A) · upper
20. Feb 23, 2026 Enrolled · lower
21. Feb 23, 2026 Bill text as passed House and Senate (HB799ER) · lower
22. Feb 23, 2026 Fiscal Impact Statement from Department of Planning and Budget (HB799) · lower
23. Feb 23, 2026 Signed by Speaker · lower
24. Feb 23, 2026 Signed by President · upper
25. Mar 10, 2026 Enrolled Bill communicated to Governor on March 10, 2026 · lower
26. Mar 10, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
27. Apr 13, 2026 Approved by Governor-Chapter 803 (effective 7/1/2026) · executive

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Enrolled · PDF
• Enrolled · HTML
• Introduced · PDF
• Introduced · HTML