# Virginia HB799: Power Transformer Manufacturing Grant Fund; created.

Virginia HB799, Power Transformer Manufacturing Grant Fund; created., is a 2026 Regular Session House bill sponsored by Luke E. Torian (Democratic); status signed, last action 2026-04-13 (Acts of Assembly Chapter text (CHAP0803)); PRIA reads it as touching household money (as of 2026-10-12).

- Canonical: https://policyrisk.com/state-bill/VA-HB799-2026
- As of: 2026-10-12
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB799
- State: Virginia
- Session: 2026 Regular Session
- Title: Power Transformer Manufacturing Grant Fund; created.
- Status: signed
- Chamber: House
- Introduced: 2026-01-13
- Last action: 2026-04-13, Acts of Assembly Chapter text (CHAP0803)
- Sponsor: Luke E. Torian (Democratic)
- Cosponsors: 0
- Touches household money: yes
- Roll calls: 6 (209 yes, 4 no in all)
- Economic provisions PRIA read: 3

## Summary

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.

## Bill overview: provisions PRIA read

- Who qualifies for Halifax transformer grants: benefit, low. The law offers grants to a company that makes power transformers in Halifax County. To qualify between July 1, 2025 and before July 1, 2035, it plans at least $457,157,000 in capital investment and creates and keeps at least 825 new full-time jobs. Capital investment includes building construction…
- Annual filing and document rules: mixed, low. To get a yearly payment, the company must file by October 1 each year. The filing must show the number of new full-time jobs as of the end of the prior fiscal year and the capital investment made in that year. The postmark controls for mailed filings. Missing the deadline defers the payment. The Se…
- Grant fund, caps, and payments: mixed, low. The state creates the Power Transformer Manufacturing Grant Fund. The Fund keeps interest and does not revert. Grants are available from the fiscal year starting July 1, 2026 through the one starting July 1, 2035, only if the General Assembly appropriates money and the company meets the MOU and law…

## Sponsors and cosponsors

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

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-02-19 | Senate | Passed Senate Block Vote | pass | 39 | 0 |   |
| 2026-02-18 | Senate | Constitutional reading dispensed Block Vote (on 2nd reading) | pass | 38 | 0 |   |
| 2026-02-17 | Senate | Reported from Finance and Appropriations | pass | 13 | 0 |   |
| 2026-02-05 | House | Read third time and passed House | pass | 93 | 4 |   |
| 2026-01-30 | House | Reported from Appropriations | pass | 21 | 0 |   |
| 2026-01-28 | House | Subcommittee recommends reporting | pass | 5 | 0 |   |

## Actions (28)

- 2026-04-13: Acts of Assembly Chapter text (CHAP0803) (Governor)
- 2026-04-13: Approved by Governor-Chapter 803 (effective 7/1/2026) (Governor)
- 2026-03-10: Governor's Action Deadline 11:59 p.m., April 13, 2026 (Governor)
- 2026-03-10: Enrolled Bill communicated to Governor on March 10, 2026 (House)
- 2026-02-23: Fiscal Impact Statement from Department of Planning and Budget (HB799) (House)
- 2026-02-23: Bill text as passed House and Senate (HB799ER) (House)
- 2026-02-23: Enrolled (House)
- 2026-02-23: Signed by President (Senate)
- 2026-02-23: Signed by Speaker (House)
- 2026-02-19: Passed Senate Block Vote (39-Y 0-N 0-A) (Senate)
- 2026-02-19: Read third time (Senate)
- 2026-02-18: Constitutional reading dispensed Block Vote (on 2nd reading) (38-Y 0-N 0-A) (Senate)
- 2026-02-18: Rules suspended (Senate)
- 2026-02-18: Passed by for the day (Senate)
- 2026-02-18: Read second time (Senate)
- 2026-02-17: Reported from Finance and Appropriations (13-Y 0-N) (Senate)
- 2026-02-06: Referred to Committee on Finance and Appropriations (Senate)
- 2026-02-06: Constitutional reading dispensed (on 1st reading) (Senate)
- 2026-02-05: Read third time and passed House (93-Y 4-N 0-A) (House)
- 2026-02-04: Read second time and engrossed (House)
- 2026-02-04: Moved from Uncontested Calendar to Regular Calendar (House)
- 2026-02-03: Read first time (House)
- 2026-01-30: Reported from Appropriations (21-Y 0-N) (House)
- 2026-01-28: Subcommittee recommends reporting (5-Y 0-N) (House)
- 2026-01-23: Fiscal Impact Statement from Department of Planning and Budget (HB799) (House)
- 2026-01-20: Assigned HAPP sub: Commerce Agriculture & Natural Resources (House)
- 2026-01-13: Referred to Committee on Appropriations (House)
- 2026-01-13: Prefiled and ordered printed; Offered 01-14-2026 26102901D (House)

## Bill text

- Chaptered, 2026-04-13: [HTML](https://lis.blob.core.windows.net/files/1222715.HTML), [PDF](https://lis.blob.core.windows.net/files/1222714.PDF)
- Enrolled, 2026-02-23: [HTML](https://lis.blob.core.windows.net/files/1171565.HTML), [PDF](https://lis.blob.core.windows.net/files/1171564.PDF)
- Introduced, 2026-01-13: [HTML](https://lis.blob.core.windows.net/files/1085949.HTML), [PDF](https://lis.blob.core.windows.net/files/1085948.PDF)

## 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/1222715.HTML)
- [Chaptered (PDF)](https://lis.blob.core.windows.net/files/1222714.PDF)
- [Enrolled (HTML)](https://lis.blob.core.windows.net/files/1171565.HTML)
- [Enrolled (PDF)](https://lis.blob.core.windows.net/files/1171564.PDF)
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1085949.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1085948.PDF)

## 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-HB799-2026 (as of 2026-10-12).