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SB 527 VA
Became Law

Pharmaceutical Substance Manufacturing Grant Fund; created.

VA · session 2026 · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 13, 2026

Latest action (Apr 13, 2026) Approved by Governor-Chapter 809 (effective 7/1/2026)

Summary

Pharmaceutical Substance Manufacturing Grant Fund. Establishes the Pharmaceutical Substance Manufacturing Grant Fund to provide grant installment awards between July 1, 2026, and July 1, 2045, in an amount not to exceed $34 million per fiscal year and in an aggregate amount not to exceed $191,255,000, 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 $4 billion and create and maintain at least 500 new full-time jobs. This bill is identical to HB 1076.

Sponsor (1)

Action history (29)

  1. Jan 13, 2026 Prefiled and ordered printed; Offered 01-14-2026 26102905D · upper
  2. Jan 13, 2026 Referred to Committee on Education and Health · upper
  3. Jan 22, 2026 Rereferred from Education and Health to Commerce and Labor (14-Y 0-N) · upper
  4. Jan 23, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB527) · upper
  5. Feb 2, 2026 Rereferred from Commerce and Labor to Finance and Appropriations (11-Y 0-N) · upper
  6. Feb 10, 2026 Reported from Finance and Appropriations (14-Y 0-N) · upper
  7. Feb 11, 2026 Rules suspended · upper
  8. Feb 11, 2026 Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A) · upper
  9. Feb 11, 2026 Passed by for the day Block Vote (Voice Vote) · upper
  10. Feb 12, 2026 Read second time · upper
  11. Feb 12, 2026 Engrossed by Senate (Voice Vote) · upper
  12. Feb 13, 2026 Read third time and passed Senate (39-Y 0-N 0-A) · upper
  13. Feb 19, 2026 Placed on Calendar · lower
  14. Feb 19, 2026 Read first time · lower
  15. Feb 19, 2026 Referred to Committee on Appropriations · lower
  16. Feb 19, 2026 Assigned HAPP sub: Commerce Agriculture & Natural Resources · lower
  17. Feb 25, 2026 Reported from Appropriations (22-Y 0-N) · lower
  18. Feb 27, 2026 Read second time · lower
  19. Mar 2, 2026 Moved from Uncontested Calendar to Regular Calendar · lower
  20. Mar 2, 2026 Read third time · lower
  21. Mar 2, 2026 Passed House (92-Y 6-N 0-A) · lower
  22. Mar 5, 2026 Enrolled · upper
  23. Mar 5, 2026 Bill text as passed Senate and House (SB527ER) · upper
  24. Mar 5, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB527) · upper
  25. Mar 5, 2026 Signed by Speaker · lower
  26. Mar 5, 2026 Signed by President · upper
  27. Mar 10, 2026 Enrolled Bill communicated to Governor on March 10, 2026 · upper
  28. Mar 10, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
  29. Apr 13, 2026 Approved by Governor-Chapter 809 (effective 7/1/2026) · executive

Text versions (4)

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

Full text

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