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Virginia bills · 2026 Regular Session

Virginia SB 403

Power Transformer Manufacturing Grant Fund; created.

  1. Introduced
  2. In committee
  3. Passed Senate
  4. Passed House
  5. To Governor
  6. Became law

Sponsors

Cosponsors (1)

Summary

Official abstract published by the Virginia legislature· SUMMARY AS PASSED

Power Transformer Manufacturing Grant Fund. Establishes the Power Transformer Manufacturing Grant Fund to provide grant installment awards between July 1, 2026, and July 1, 2035, in an amount not to exceed $4.6 million per fiscal year and in an aggregate amount not to exceed $29.4 million, to a qualified company that (i) engages in the manufacture of power transformers, (ii) executes a memorandum of understanding with the Commonwealth, and (iii) is expected to make a capital investment of at least $457,157,000 and create and maintain at least 825 new full-time jobs. This bill is identical to HB 799.

Text versions

Roll-call votes

State vote data last updated Oct 14, 2026, 8:01 AM.

DateVoteResultYour legislators
Feb 25, 2026
House		H VOTE:passSet your home in Virginia to see
Feb 20, 2026
House		Reported from AppropriationspassSet your home in Virginia to see
Jan 30, 2026
Senate		Passage RpassSet your home in Virginia to see
Jan 28, 2026
Senate		Constitutional reading dispensed RpassSet your home in Virginia to see
Jan 27, 2026
Senate		Reported from Finance and AppropriationspassSet your home in Virginia to see

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