Virginia · 2025 Regular Session · Bill
HB 2540: Lithium-ion Battery Separator Manufacturing Grant Fund; created, definitions.
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 2540 is a bill introduced in the Virginia House on January 9, 2025. According to its official title, it concerns: Lithium-ion Battery Separator Manufacturing Grant Fund; created, definitions. Primary sponsor: Daniel W. Marshall, III. It lists 1 additional sponsor. Most recent recorded action (March 19, 2025): Acts of Assembly Chapter text (CHAP0093).
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.
Lithium-ion Battery Separator Manufacturing Grant Fund. Establishes the Lithium-ion Battery Separator Manufacturing Grant Fund to, subject to appropriation, fund 20 annual grant award installments, in an aggregate amount not to exceed $60.597 million, to a qualified company that engages in the manufacture of lithium-ion battery separators and that executes a memorandum of understanding with the Commonwealth and the Virginia Economic Development Partnership Authority, and that on and after July 1, 2024, but before July 1, 2045, is expected to (i) make a capital investment, defined in the bill, of at least $1.3506 billion and (ii) create and maintain at least 2,015 new full-time jobs in Pittsylvania County. This bill is identical to SB 1207.
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Daniel W. Marshall, III | Primary sponsor | Not applicable (committee) | — | — |
| Eric Phillips | Co-sponsor | Republican | House | 48 |
“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 (CHAP0093)
- Approved by Governor-Chapter 93 (Effective 07/01/25)
- Governor's Action Deadline 11:59 p.m., March 24, 2025
- Enrolled Bill communicated to Governor on February 18, 2025
- Signed by President
- Fiscal Impact Statement from Department of Planning and Budget (HB2540)
- Signed by Speaker
- Bill text as passed House and Senate (HB2540ER)
- Enrolled
- Passed Senate (39-Y 0-N)
- Read third time
- Passed by for the day
Showing 12 most recent of 31 actions. Full history