Virginia · 2025 Regular Session · Bill
HB 2179: Virginia Investment Performance Grants; awarding of Grants.
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 2179 is a bill introduced in the Virginia House on January 7, 2025. According to its official title, it concerns: Virginia Investment Performance Grants; awarding of Grants. Primary sponsor: Nadarius Clark (Democratic). Most recent recorded action (March 19, 2025): Acts of Assembly Chapter text (CHAP0162).
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 Investment Performance Grants. Authorizes Virginia Investment Performance Grants to be awarded under more lenient requirements if the recipient is located in a locality with an unemployment rate and poverty rate that exceeds the state average. Specifically, the bill would authorize payment of such grants if the average wage paid by the eligible manufacturer or research and development service, excluding fringe benefits, is no less than 85 percent of the prevailing average wage. Grants may be paid for projects in such localities that pay less than 85 percent of the prevailing average wage, upon a written finding by the Governor that the economic circumstances in the area are sufficiently distressed such that assistance to the locality to attract the project is justified. However, the minimum private investment and number of new jobs required to be created are still a condition of eligibility. This bill is identical to SB 1231.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Nadarius Clark | Primary sponsor | Democratic | House | 84 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Acts of Assembly Chapter text (CHAP0162)
- Approved by Governor-Chapter 162 (Effective 07/01/25)
- Governor's Action Deadline 11:59 p.m., March 24, 2025
- Enrolled Bill communicated to Governor on February 20, 2025
- Signed by President
- Signed by Speaker
- Fiscal Impact Statement from Department of Planning and Budget (HB2179)
- Bill text as passed House and Senate (HB2179ER)
- Enrolled
- Senate substitute agreed to by House (84-Y 9-N)
- Passed Senate with substitute (39-Y 0-N)
- Engrossed by Senate - committee substitute
Showing 12 most recent of 36 actions. Full history