HB 1530: Transformer Manufacturing Expansion Grant Fund; established.

Official summary

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

Transformer Manufacturing Expansion Grant Fund. Establishes the Transformer Manufacturing Expansion Grant Fund to provide grant installment awards between July 1, 2027, and July 1, 2041, in an amount not to exceed $5.1 million per fiscal year and in an aggregate amount not to exceed $60 million, to a qualified company that (i) engages in the manufacture of electrical transformers, (ii) executes a memorandum of understanding with the Commonwealth, and (iii) is expected to make a capital investment of at least $301 million and create and maintain at least 1,185 new full-time jobs. This bill is identical to SB 836.

Sponsors

Sponsors by party (alphabetical): Democratic 1

“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. April 6, 2026Acts of Assembly Chapter text (CHAP0324)
2. April 6, 2026Approved by Governor-Chapter 324 (effective 7/1/2026)
3. March 31, 2026Governor's Action Deadline 11:59 p.m., April 13, 2026
4. March 31, 2026Enrolled Bill communicated to Governor on March 31, 2026
5. March 31, 2026Signed by Speaker
6. March 31, 2026Fiscal Impact Statement from Department of Planning and Budget (HB1530)
7. March 30, 2026Signed by President
8. March 30, 2026Bill text as passed House and Senate (HB1530ER)
9. March 30, 2026Enrolled
10. March 11, 2026Passed Senate Block Vote (40-Y 0-N 0-A)
11. March 11, 2026Reconsideration of Senate passage agreed to by Senate (40-Y 0-N 0-A)
12. March 11, 2026Passed Senate Block Vote (39-Y 0-N 0-A)

Showing 12 most recent of 28 actions. Full history