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Virginia · 2026 Regular Session · Bill

HB 1033: Va. Economic Dev. Partnership Authority; Division of Incentives; due diligence for major projects.

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 1033 is a bill introduced in the Virginia House on January 14, 2026. According to its official title, it concerns: Va. Economic Dev. Partnership Authority; Division of Incentives; due diligence for major projects. Primary sponsor: Kathy Tran (Democratic). Most recent recorded action (February 18, 2026): Left in Labor and Commerce.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Virginia Economic Development Partnership Authority; Division of Incentives; due diligence for major projects. Requires the due diligence review performed by the Division of Incentives at the Virginia Economic Development Partnership Authority for proposed economic development projects to include whether and to what extent the business involved has executed a labor peace agreement, as defined in the bill, with its employees if the project is a major one for which (i) incentives require a change to the law, (ii) incentives involve cash payments in excess of $3.5 million prior to any performance, or (iii) the aggregate amount of state incentives exceeds $10 million in value.

Sponsors

Sponsors by party (alphabetical): Democratic 1

NameRolePartyChamberDistrict
Kathy TranPrimary sponsorDemocraticHouse18

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Left in Labor and Commerce
  2. Subcommittee recommends striking from the docket (7-Y 0-N)
  3. Assigned HCL sub: Subcommittee #2
  4. Fiscal Impact Statement from Department of Planning and Budget (HB1033)
  5. Referred to Committee on Labor and Commerce
  6. Prefiled and ordered printed; Offered 01-14-2026 26103682D

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source