HB1138
Economic development incentives; wage requirements.
Status:
In House
Latest Action:
Jan. 30, 2026
House: Reported from Appropriations (21-Y 0-N)
Chief Patron:
Terry Austin (R)
Session:
2026 Regular Session
Summary
As Introduced. Economic development incentives; wage requirements.
Requires companies to pay an average wage for the jobs eligible for assistance under the component programs of the Virginia Jobs Investment Program that is no less than the prevailing average wage, defined in the bill, or, in the case of an economically distressed locality, defined in the bill, no ... (More) less than 85 percent of the prevailing average wage. Under current law, to be eligible for the component programs, companies must pay a minimum entry-level wage rate per hour of at least 1.2 times the federal minimum wage or the Virginia minimum wage, whichever is higher, and in areas that have an unemployment rate of 1.5 times the statewide average unemployment rate, the wage rate minimum may be waived. (Less)-
Bill History
- 01/14/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26102879D
- 01/14/2026 - House: Referred to Committee on Appropriations
- 01/21/2026 - House: Fiscal Impact Statement from Department of Planning and Budget (HB1138)
- 01/22/2026 - House: Assigned HAPP sub: Commerce Agriculture & Natural Resources
- 01/27/2026 - House: Placed on Appropriations Agenda
- 01/28/2026 - House: Subcommittee recommends reporting (5-Y 0-N)
- 01/29/2026 - House: Placed on Appropriations Agenda
- 01/30/2026 - House: Reported from Appropriations (21-Y 0-N)
