# Virginia SB1208: Current and Mature Semiconductor Technology Grant Fund; established. Virginia SB1208, Current and Mature Semiconductor Technology Grant Fund; established., is a 2025 Regular Session Senate bill sponsored by L. Louise Lucas (Democratic); status to governor, last action 2025-03-18 (Acts of Assembly Chapter text (CHAP0045)) (as of 2026-10-17). - Canonical: https://policyrisk.com/state-bill/VA-SB1208-2025 - As of: 2026-10-17 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Virginia SB1208 - State: Virginia - Session: 2025 Regular Session - Title: Current and Mature Semiconductor Technology Grant Fund; established. - Status: to governor - Chamber: Senate - Introduced: 2025-01-08 - Last action: 2025-03-18, Acts of Assembly Chapter text (CHAP0045) - Sponsor: L. Louise Lucas (Democratic) - Cosponsors: 0 - Touches household money: no - Roll calls: 7 (254 yes, 10 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 HB 2358. ## Bill overview No economic impacts identified for this bill. ## Sponsors and cosponsors - Sponsor: L. Louise Lucas (Democratic), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-02-13 | House | Passed House | pass | 88 | 9 | | | 2025-02-10 | House | Reported from Appropriations | pass | 22 | 0 | | | 2025-01-30 | Senate | Constitutional reading dispensed Block Vote (on 3rd reading) | pass | 39 | 1 | | | 2025-01-30 | Senate | Passed Senate Block Vote | pass | 40 | 0 | | | 2025-01-29 | Senate | Constitutional reading dispensed Block Vote (on 1st reading) | pass | 38 | 0 | | | 2025-01-28 | Senate | Reported from Finance and Appropriations | pass | 15 | 0 | | | 2025-01-20 | Senate | Rereferred from Commerce and Labor and Rereferred to Finance and Appropriations to Finance and Appropriations | pass | 12 | 0 | | ## Actions (30) - 2025-03-18: Acts of Assembly Chapter text (CHAP0045) (Governor) - 2025-03-18: Approved by Governor-Chapter 45 (Effective 07/01/25) (Governor) - 2025-03-03: Governor's Action Deadline 11:59 p.m., March 24, 2025 (Governor) - 2025-03-03: Enrolled Bill Communicated to Governor on March 3, 2025 (Senate) - 2025-02-20: Signed by President (Senate) - 2025-02-18: Fiscal Impact Statement from Department of Planning and Budget (SB1208) (Senate) - 2025-02-18: Bill text as passed Senate and House (SB1208ER) (Senate) - 2025-02-18: Enrolled (Senate) - 2025-02-18: Signed by Speaker (House) - 2025-02-13: Passed House (88-Y 9-N) (House) - 2025-02-13: Read third time (House) - 2025-02-13: Moved from Uncontested Calendar to Regular Calendar (House) - 2025-02-12: Read second time (House) - 2025-02-10: Reported from Appropriations (22-Y 0-N) (House) - 2025-02-06: Assigned Approps sub: Commerce Agriculture & Natural Resources (House) - 2025-02-04: Read first time (House) - 2025-02-04: Referred to Committee on Appropriations (House) - 2025-02-04: Placed on Calendar (House) - 2025-01-30: Passed Senate Block Vote (40-Y 0-N) (Senate) - 2025-01-30: Constitutional reading dispensed Block Vote (on 3rd reading) (39-Y 1-N) (Senate) - 2025-01-30: Rules suspended (Senate) - 2025-01-30: Read second time and engrossed (Senate) - 2025-01-29: Constitutional reading dispensed Block Vote (on 1st reading) (38-Y 0-N) (Senate) - 2025-01-29: Passed by for the day (Senate) - 2025-01-29: Rules suspended (Senate) - 2025-01-28: Reported from Finance and Appropriations (15-Y 0-N) (Senate) - 2025-01-20: Rereferred from Commerce and Labor and Rereferred to Finance and Appropriations to Finance and Appropriations (12-Y 0-N) (Senate) - 2025-01-20: Fiscal Impact Statement from Department of Planning and Budget (SB1208) (Senate) - 2025-01-08: Referred to Committee on Commerce and Labor (Senate) - 2025-01-08: Prefiled and ordered printed; Offered 01-08-2025 25100964D (Senate) ## Bill text - Chaptered, 2025-03-18: [HTML](https://lis.blob.core.windows.net/files/1071050.HTML), [PDF](https://lis.blob.core.windows.net/files/1071049.PDF) - Enrolled, 2025-02-18: [HTML](https://lis.blob.core.windows.net/files/1051524.HTML), [PDF](https://lis.blob.core.windows.net/files/1051523.PDF) - Introduced, 2025-01-08: [HTML](https://lis.blob.core.windows.net/files/1018225.HTML), [PDF](https://lis.blob.core.windows.net/files/1018224.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/1071050.HTML) - [Chaptered (PDF)](https://lis.blob.core.windows.net/files/1071049.PDF) - [Enrolled (HTML)](https://lis.blob.core.windows.net/files/1051524.HTML) - [Enrolled (PDF)](https://lis.blob.core.windows.net/files/1051523.PDF) - [Introduced (HTML)](https://lis.blob.core.windows.net/files/1018225.HTML) - [Introduced (PDF)](https://lis.blob.core.windows.net/files/1018224.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-SB1208-2025 (as of 2026-10-17).