# Virginia HB2358: Current and Mature Semiconductor Technology Grant Fund; established.

Virginia HB2358, Current and Mature Semiconductor Technology Grant Fund; established., is a 2025 Regular Session House bill sponsored by Luke E. Torian (Democratic); status to governor, last action 2025-03-18 (Acts of Assembly Chapter text (CHAP0034)) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/VA-HB2358-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB2358
- State: Virginia
- Session: 2025 Regular Session
- Title: Current and Mature Semiconductor Technology Grant Fund; established.
- Status: to governor
- Chamber: House
- Introduced: 2025-01-08
- Last action: 2025-03-18, Acts of Assembly Chapter text (CHAP0034)
- Sponsor: Luke E. Torian (Democratic)
- Cosponsors: 0
- Touches household money: no
- Roll calls: 6 (210 yes, 7 no in all)
- Economic provisions PRIA read: 0

## Summary

Current and Mature Semiconductor Technology Grant Fund. Establishes the Current and Mature Semiconductor Technology Grant Fund to, subject to appropriation, fund 15 annual grant award installments, in an aggregate amount not to exceed $60 million, to a qualified company that engages in the manufacture of semiconductors and that executes a memorandum of understanding with the Commonwealth and, on and after July 1, 2024, but before June 30, 2040, is expected to (i) make a capital investment, defined in the bill, of at least $2,170,130,850 and (ii) create and maintain at least 340 new full-time jobs, in an eligible locality, defined in the bill. The bill also authorizes bonus grants of up to $10 million that a qualified company may earn for certain new full-time job creation and maintenance. The bill also repeals the existing Semiconductor Manufacturing Grant Fund and is identical to SB 1208.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

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

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-02-07 | Senate | Passed Senate Block Vote | pass | 39 | 0 |   |
| 2025-02-06 | Senate | Constitutional reading dispensed Block Vote (on 2nd reading) | pass | 40 | 0 |   |
| 2025-02-05 | Senate | Reported from Finance and Appropriations | pass | 13 | 0 |   |
| 2025-01-30 | House | Read third time and passed House | pass | 88 | 7 |   |
| 2025-01-24 | House | Reported from Appropriations | pass | 22 | 0 |   |
| 2025-01-22 | House | Subcommittee recommends reporting | pass | 8 | 0 | 1 |

## Actions (27)

- 2025-03-18: Acts of Assembly Chapter text (CHAP0034) (Governor)
- 2025-03-18: Approved by Governor-Chapter 34 (Effective 07/01/25) (Governor)
- 2025-02-18: Governor's Action Deadline 11:59 p.m., March 24, 2025 (Governor)
- 2025-02-18: Enrolled Bill communicated to Governor on February 18, 2025 (House)
- 2025-02-13: Signed by President (Senate)
- 2025-02-11: Fiscal Impact Statement from Department of Planning and Budget (HB2358) (House)
- 2025-02-10: Bill text as passed House and Senate (HB2358ER) (House)
- 2025-02-10: Enrolled (House)
- 2025-02-10: Signed by Speaker (House)
- 2025-02-07: Passed Senate Block Vote (39-Y 0-N) (Senate)
- 2025-02-07: Read third time (Senate)
- 2025-02-06: Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N) (Senate)
- 2025-02-06: Passed by for the day (Senate)
- 2025-02-06: Rules suspended (Senate)
- 2025-02-05: Reported from Finance and Appropriations (13-Y 0-N) (Senate)
- 2025-01-31: Referred to Committee on Finance and Appropriations (Senate)
- 2025-01-31: Constitutional reading dispensed (on 1st reading) (Senate)
- 2025-01-30: Read third time and passed House (88-Y 7-N) (House)
- 2025-01-29: Read second time and engrossed (House)
- 2025-01-29: Moved from Uncontested Calendar to Regular Calendar (House)
- 2025-01-28: Read first time (House)
- 2025-01-24: Reported from Appropriations (22-Y 0-N) (House)
- 2025-01-22: Subcommittee recommends reporting (8-Y 0-N) (House)
- 2025-01-20: Fiscal Impact Statement from Department of Planning and Budget (HB2358) (House)
- 2025-01-18: Assigned Approps sub: Commerce Agriculture & Natural Resources (House)
- 2025-01-08: Referred to Committee on Appropriations (House)
- 2025-01-08: Prefiled and ordered printed; Offered 01-08-2025 25100963D (House)

## Bill text

- Chaptered, 2025-03-18: [HTML](https://lis.blob.core.windows.net/files/1070975.HTML), [PDF](https://lis.blob.core.windows.net/files/1070974.PDF)
- Enrolled, 2025-02-10: [HTML](https://lis.blob.core.windows.net/files/1044298.HTML), [PDF](https://lis.blob.core.windows.net/files/1044297.PDF)
- Introduced, 2025-01-08: [HTML](https://lis.blob.core.windows.net/files/1016069.HTML), [PDF](https://lis.blob.core.windows.net/files/1016066.PDF)

## Related bills

- HR671: Commending JR's Auto Care. (adopted)
- SB941: Robbery; use of air or gas operated weapon, etc., penalty. (failed)
- HB1746: Public safety officer; definition. (failed)
- HB1600: Budget Bill. (failed)
- SB1449: Data centers; site assessment for high energy use facility. (failed)
- HB1609: Essential health benefits benchmark plan; Commission to consider coverage for infertility treatment. (to governor)

## Sources
- [Chaptered (HTML)](https://lis.blob.core.windows.net/files/1070975.HTML)
- [Chaptered (PDF)](https://lis.blob.core.windows.net/files/1070974.PDF)
- [Enrolled (HTML)](https://lis.blob.core.windows.net/files/1044298.HTML)
- [Enrolled (PDF)](https://lis.blob.core.windows.net/files/1044297.PDF)
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1016069.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1016066.PDF)

## Related
- [HR671: Commending JR's Auto Care.](https://policyrisk.com/state-bill/VA-HR671-2025)
- [SB941: Robbery; use of air or gas operated weapon, etc., penalty.](https://policyrisk.com/state-bill/VA-SB941-2025)
- [HB1746: Public safety officer; definition.](https://policyrisk.com/state-bill/VA-HB1746-2025)
- [HB1600: Budget Bill.](https://policyrisk.com/state-bill/VA-HB1600-2025)
- [SB1449: Data centers; site assessment for high energy use facility.](https://policyrisk.com/state-bill/VA-SB1449-2025)
- [HB1609: Essential health benefits benchmark plan; Commission to consider coverage for i…](https://policyrisk.com/state-bill/VA-HB1609-2025)
- [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-HB2358-2025 (as of 2026-10-17).