SB836
Transformer Manufacturing Expansion Grant Fund; established.
Status:
Passed
Latest Action:
March 12, 2026
House: Passed House (94-Y 2-N 0-A)
Chief Patron:
Louise Lucas (D)
Session:
2026 Regular Session
Summary
As Introduced. 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 ... (More) 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. (Less)-
Bill History
- 02/24/2026 - Senate: Presented and ordered printed 26108123D
- 02/24/2026 - Senate: Referred to Committee on Finance and Appropriations
- 02/27/2026 - Senate: Fiscal Impact Statement from Department of Planning and Budget (SB836)
- 03/03/2026 - Senate: Reported from Finance and Appropriations (14-Y 0-N)
- 03/03/2026 - Senate: Read first time
- 03/04/2026 - Senate: Read second time
- 03/04/2026 - Senate: Engrossed by Senate (Voice Vote)
- 03/05/2026 - Senate: Read third time and passed Senate (39-Y 0-N 0-A)
- 03/09/2026 - House: Placed on Calendar
- 03/09/2026 - House: Read first time
- 03/09/2026 - House: Referred to Committee on Appropriations
- 03/09/2026 - House: Placed on Appropriations Agenda
- 03/09/2026 - House: Reported from Appropriations (22-Y 0-N)
- 03/11/2026 - House: Read second time
- 03/12/2026 - House: Moved from Uncontested Calendar to Regular Calendar
- 03/12/2026 - House: Read third time
- 03/12/2026 - House: Passed House (94-Y 2-N 0-A)
