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SB835

Solid Rocket Motor Manufacturing 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. Solid Rocket Motor Manufacturing Grant Fund.

Establishes the Solid Rocket Motor Manufacturing Grant Fund to provide grant installment awards between July 1, 2027, and July 1, 2046, in an amount not to exceed $6 million per fiscal year and in an aggregate amount not to exceed $97,723,000 to a qualified company that (i) engages in the manufacture of solid rocket motors, (ii) executes a memorandum of understanding with the Commonwealth, and (iii) is expected to make a capital investment of at least $537,570,000 and create and maintain at least 1,546 new full-time jobs. (Less)
  • Bill History

  • 02/24/2026 - Senate: Presented and ordered printed 26108122D
  • 02/24/2026 - Senate: Referred to Committee on Finance and Appropriations
  • 02/27/2026 - Senate: Fiscal Impact Statement from Department of Planning and Budget (SB835)
  • 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)