# Virginia HB1530: Transformer Manufacturing Expansion Grant Fund; created.

Virginia HB1530, Transformer Manufacturing Expansion Grant Fund; created., is a 2026 Regular Session House bill sponsored by Luke E. Torian (Democratic); status signed, last action 2026-04-06 (Acts of Assembly Chapter text (CHAP0324)); PRIA reads it as touching household money (as of 2026-10-12).

- Canonical: https://policyrisk.com/state-bill/VA-HB1530-2026
- As of: 2026-10-12
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB1530
- State: Virginia
- Session: 2026 Regular Session
- Title: Transformer Manufacturing Expansion Grant Fund; created.
- Status: signed
- Chamber: House
- Introduced: 2026-02-24
- Last action: 2026-04-06, Acts of Assembly Chapter text (CHAP0324)
- Sponsor: Luke E. Torian (Democratic)
- Cosponsors: 0
- Touches household money: yes
- Roll calls: 8 (288 yes, 2 no in all)
- Economic provisions PRIA read: 3

## Summary

Transformer Manufacturing Expansion Grant Fund. Establishes the Transformer Manufacturing Expansion Grant Fund to provide grant installment awards between July 1, 2027, and July 1, 2041, in an amount not to exceed $5.1 million per fiscal year and in an aggregate amount not to exceed $60 million, to a qualified company that (i) engages in the manufacture of electrical transformers, (ii) executes a memorandum of understanding with the Commonwealth, and (iii) is expected to make a capital investment of at least $301 million and create and maintain at least 1,185 new full-time jobs. This bill is identical to SB 836.

## Bill overview: provisions PRIA read

- Who qualifies for Henry County grants: cost, medium. A qualified company must manufacture electrical transformers and invest at least $301 million in Henry County. It must create and keep at least 1,185 new full‑time jobs between July 1, 2025 and July 1, 2040, on top of 806 existing Virginia jobs as of July 1, 2025. Each new full‑time job must be at…
- Grants for Henry County transformer expansion: mixed, medium. The law creates a state fund to pay grants to a qualified transformer manufacturer in Henry County. Grants can be paid each fiscal year from July 1, 2027 through the year starting July 1, 2041, unless extended in the memorandum of understanding. Total payments cannot exceed $60 million, with no mor…
- Yearly filings and records to get grants: mixed, low. To get a yearly grant installment, the company must file proof of jobs and capital spending from the prior fiscal year. The filing is due to the Secretary by October 1 each year; mailed filings use the postmark. Missing the deadline defers that year’s payment. Upon request, the company must share r…

## Sponsors and cosponsors

- Sponsor: Luke E. Torian (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-03-11 | Senate | Passed Senate Block Vote | pass | 40 | 0 |   |
| 2026-03-11 | Senate | Passed Senate Block Vote | pass | 39 | 0 |   |
| 2026-03-11 | Senate | Reconsideration of Senate passage agreed to by Senate Block Vote | pass | 40 | 0 |   |
| 2026-03-10 | Senate | Passed by for the day Block Vote (Voice Vote) | pass | 0 | 0 |   |
| 2026-03-10 | Senate | Constitutional reading dispensed Block Vote (on 2nd reading) | pass | 37 | 0 |   |
| 2026-03-09 | Senate | Reported from Finance and Appropriations | pass | 14 | 0 |   |
| 2026-03-05 | House | Read third time and passed House Block Vote | pass | 96 | 2 |   |
| 2026-02-27 | House | Reported from Appropriations | pass | 22 | 0 |   |

## Actions (28)

- 2026-04-06: Acts of Assembly Chapter text (CHAP0324) (Governor)
- 2026-04-06: Approved by Governor-Chapter 324 (effective 7/1/2026) (Governor)
- 2026-03-31: Fiscal Impact Statement from Department of Planning and Budget (HB1530) (House)
- 2026-03-31: Governor's Action Deadline 11:59 p.m., April 13, 2026 (Governor)
- 2026-03-31: Enrolled Bill communicated to Governor on March 31, 2026 (House)
- 2026-03-31: Signed by Speaker (House)
- 2026-03-30: Bill text as passed House and Senate (HB1530ER) (House)
- 2026-03-30: Enrolled (House)
- 2026-03-30: Signed by President (Senate)
- 2026-03-11: Passed Senate Block Vote (40-Y 0-N 0-A) (Senate)
- 2026-03-11: Reconsideration of Senate passage agreed to by Senate Block Vote (40-Y 0-N 0-A) (Senate)
- 2026-03-11: Passed Senate Block Vote (39-Y 0-N 0-A) (Senate)
- 2026-03-11: Read third time (Senate)
- 2026-03-10: Passed by for the day Block Vote (Voice Vote) (Senate)
- 2026-03-10: Constitutional reading dispensed Block Vote (on 2nd reading) (37-Y 0-N 0-A) (Senate)
- 2026-03-10: Rules suspended (Senate)
- 2026-03-09: Reported from Finance and Appropriations (14-Y 0-N) (Senate)
- 2026-03-06: Referred to Committee on Finance and Appropriations (Senate)
- 2026-03-06: Constitutional reading dispensed (on 1st reading) (Senate)
- 2026-03-05: Read third time and passed House Block Vote (96-Y 2-N 0-A) (House)
- 2026-03-04: Read second time and engrossed (House)
- 2026-03-03: Read first time (House)
- 2026-03-02: Fiscal Impact statement From DPB (3/2/2026 2:05 pm) (House)
- 2026-02-27: Reported from Appropriations (22-Y 0-N) (House)
- 2026-02-26: Assigned HAPP sub: Commerce Agriculture & Natural Resources (House)
- 2026-02-24: Referred to Committee on Appropriations (House)
- 2026-02-24: Presented and ordered printed 26108045D (House)
- 2026-02-24: Introduced at the request of Governor (House)

## Bill text

- Chaptered, 2026-04-06: [HTML](https://lis.blob.core.windows.net/files/1217459.HTML), [PDF](https://lis.blob.core.windows.net/files/1217458.PDF)
- Enrolled, 2026-03-30: [HTML](https://lis.blob.core.windows.net/files/1212580.HTML), [PDF](https://lis.blob.core.windows.net/files/1212579.PDF)
- Introduced, 2026-02-24: [HTML](https://lis.blob.core.windows.net/files/1178097.HTML), [PDF](https://lis.blob.core.windows.net/files/1178096.PDF)
- Introduced, 2026-02-23: [HTML](https://lis.blob.core.windows.net/files/1178086.HTML)

## Related bills

- HB5: Employment; paid sick leave, civil penalties. (signed)
- SB199: Employment; paid sick leave, civil penalties. (signed)
- HB95: Va. Residential Landlord and Tenant Act; landlord remedies, noncompliance with rental agreement. (signed)
- HB1393: Electric utilities; pilot program for energy assistance and weatherization for certain individuals. (signed)
- HB834: Virginia Residential Landlord and Tenant Act; fire or casualty damage, termination by landlord. (signed)
- HB675: Protection of employees; coercion or threat based on immigration status, civil penalty. (signed)

## Sources
- [Chaptered (HTML)](https://lis.blob.core.windows.net/files/1217459.HTML)
- [Chaptered (PDF)](https://lis.blob.core.windows.net/files/1217458.PDF)
- [Enrolled (HTML)](https://lis.blob.core.windows.net/files/1212580.HTML)
- [Enrolled (PDF)](https://lis.blob.core.windows.net/files/1212579.PDF)
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1178097.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1178096.PDF)
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1178086.HTML)

## Related
- [HB5: Employment; paid sick leave, civil penalties.](https://policyrisk.com/state-bill/VA-HB5-2026)
- [SB199: Employment; paid sick leave, civil penalties.](https://policyrisk.com/state-bill/VA-SB199-2026)
- [HB95: Va. Residential Landlord and Tenant Act; landlord remedies, noncompliance with…](https://policyrisk.com/state-bill/VA-HB95-2026)
- [HB1393: Electric utilities; pilot program for energy assistance and weatherization for…](https://policyrisk.com/state-bill/VA-HB1393-2026)
- [HB834: Virginia Residential Landlord and Tenant Act; fire or casualty damage, terminat…](https://policyrisk.com/state-bill/VA-HB834-2026)
- [HB675: Protection of employees; coercion or threat based on immigration status, civil…](https://policyrisk.com/state-bill/VA-HB675-2026)
- [Virginia bills](https://policyrisk.com/states/virginia/bills)
- [Virginia state hub](https://policyrisk.com/states/virginia)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/VA-HB1530-2026 (as of 2026-10-12).