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HB 1531 VA
Became Law

Solid Rocket Motor Manufacturing Grant Fund; established.

VA · session 2026 · Assembly / House · bill

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Introduced Feb 24, 2026

Latest action (Apr 6, 2026) Acts of Assembly Chapter text (CHAP0326)

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 SB 835.

Sponsor (1)

Action history (28)

  1. Feb 24, 2026 Presented and ordered printed 26108046D · lower
  2. Feb 24, 2026 Introduced at the request of Governor · lower
  3. Feb 24, 2026 Referred to Committee on Appropriations · lower
  4. Feb 26, 2026 Assigned HAPP sub: Commerce Agriculture & Natural Resources · lower
  5. Feb 27, 2026 Reported from Appropriations (22-Y 0-N) · lower
  6. Mar 2, 2026 Fiscal Impact statement From DPB (3/2/2026 2:07 pm) · lower
  7. Mar 3, 2026 Read first time · lower
  8. Mar 4, 2026 Read second time and engrossed · lower
  9. Mar 5, 2026 Read third time and passed House (96-Y 2-N 0-A) · lower
  10. Mar 6, 2026 Constitutional reading dispensed (on 1st reading) · upper
  11. Mar 6, 2026 Referred to Committee on Finance and Appropriations · upper
  12. Mar 9, 2026 Reported from Finance and Appropriations (14-Y 0-N) · upper
  13. Mar 10, 2026 Rules suspended · upper
  14. Mar 10, 2026 Constitutional reading dispensed (on 2nd reading) (37-Y 0-N 0-A) · upper
  15. Mar 10, 2026 Passed by for the day (Voice Vote) · upper
  16. Mar 11, 2026 Read third time · upper
  17. Mar 11, 2026 Passed Senate Block Vote (39-Y 0-N 0-A) · upper
  18. Mar 11, 2026 Reconsideration of Senate passage agreed to by Senate (40-Y 0-N 0-A) · upper
  19. Mar 11, 2026 Passed Senate Block Vote (40-Y 0-N 0-A) · upper
  20. Mar 30, 2026 Enrolled · lower
  21. Mar 30, 2026 Bill text as passed House and Senate (HB1531ER) · lower
  22. Mar 30, 2026 Signed by President · upper
  23. Mar 31, 2026 Fiscal Impact Statement from Department of Planning and Budget (HB1531) · lower
  24. Mar 31, 2026 Signed by Speaker · lower
  25. Mar 31, 2026 Enrolled Bill communicated to Governor on March 31, 2026 · lower
  26. Mar 31, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
  27. Apr 6, 2026 Approved by Governor-Chapter 326 (effective 7/1/2026) · executive
  28. Apr 6, 2026 Acts of Assembly Chapter text (CHAP0326) · executive

Text versions (7)

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.

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

Full text

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Data from OpenStates. View on OpenStates →