VirginiaSB11842025 Regular SessionSenate

Va. Economic Development Partnership; evaluation of new economic development incentives.

Sponsored By: Jennifer D. Carroll Foy (Democratic)

Failed

Summary

Virginia Economic Development Partnership; evaluation of new economic development incentives for companies engaging in the microchip and semiconductor and related equipment and material supplies sector; report. Directs the Virginia Economic Development Partnership, in collaboration with the Department of Taxation, to evaluate the benefits and impacts of new economic development incentives for companies engaging in the microchip and semiconductor and related equipment and material supplies sector. The bill requires VEDP to provide a report on its findings and recommendations to the Chairmen of the Senate Committee on Finance and Appropriations and the House Committee on Appropriations no later than November 30, 2025.

Rules

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Jennifer D. Carroll Foy

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 111 • No: 1

House vote • 2/17/2025

Tabled in Rules

Yes: 16 • No: 1

Senate vote • 1/22/2025

Read third time and passed Senate Block Vote

Yes: 40 • No: 0

Senate vote • 1/20/2025

Constitutional reading dispensed Block Vote (on 1st reading)

Yes: 40 • No: 0

Senate vote • 1/17/2025

Reported from Rules

Yes: 15 • No: 0

Actions Timeline

  1. Tabled in Rules (16-Y 1-N)

    2/17/2025House
  2. Read first time

    2/4/2025House
  3. Referred to Committee on Rules

    2/4/2025House
  4. Placed on Calendar

    2/4/2025House
  5. Read third time and passed Senate Block Vote (40-Y 0-N)

    1/22/2025Senate
  6. Fiscal Impact Statement from Department of Planning and Budget (SB1184)

    1/21/2025Senate
  7. Read second time and engrossed

    1/21/2025Senate
  8. Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N)

    1/20/2025Senate
  9. Passed by for the day

    1/20/2025Senate
  10. Rules suspended

    1/20/2025Senate
  11. Reported from Rules (15-Y 0-N)

    1/17/2025Senate
  12. Referred to Committee on Rules

    1/8/2025Senate
  13. Prefiled and ordered printed; Offered 01-08-2025 25103987D

    1/8/2025Senate

Bill Text

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