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HB799Introduced in the House of Delegates

Power Transformer Manufacturing Grant Fund; created.

Passed

Introduced by Luke Torian, District 24

What does this bill do?

Plain-English breakdown

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Official description

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 SB 403.

Where it stands

Acts of Assembly Chapter text (CHAP0803)

April 13, 2026

How did lawmakers vote?

House of Delegates votes

3 recorded votes · each counted separately

Senate votes

3 recorded votes · each counted separately

SenateStage: Passed Senate Block Vote (39-Y 0-N 0-A) · February 19, 2026

39

Yes

0

No

1

Absent or Not Voting

40 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

See how each senator voted

Bill history

  1. Prefiled and ordered printed; Offered 01-14-2026 26102901D

  2. Referred to Committee on Appropriations

  3. Assigned HAPP sub: Commerce Agriculture & Natural Resources

  4. Fiscal Impact Statement from Department of Planning and Budget (HB799)

  5. Subcommittee recommends reporting (5-Y 0-N)

  6. Reported from Appropriations (21-Y 0-N)

  7. Read first time

  8. Moved from Uncontested Calendar to Regular Calendar

  9. Read second time and engrossed

  10. Read third time and passed House (93-Y 4-N 0-A)

  11. Constitutional reading dispensed (on 1st reading)

  12. Referred to Committee on Finance and Appropriations

  13. Reported from Finance and Appropriations (13-Y 0-N)

  14. Read second time

  15. Rules suspended

  16. Constitutional reading dispensed Block Vote (on 2nd reading) (38-Y 0-N 0-A)

  17. Passed by for the day

  18. Read third time

  19. Passed Senate Block Vote (39-Y 0-N 0-A)

  20. Enrolled

  21. Bill text as passed House and Senate (HB799ER)

  22. Fiscal Impact Statement from Department of Planning and Budget (HB799)

  23. Signed by Speaker

  24. Signed by President

  25. Enrolled Bill communicated to Governor on March 10, 2026

  26. Governor's Action Deadline 11:59 p.m., April 13, 2026

  27. Approved by Governor-Chapter 803 (effective 7/1/2026)

  28. Acts of Assembly Chapter text (CHAP0803)

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