SB403Introduced in the Senate
Power Transformer Manufacturing Grant Fund; created.
Introduced by Louise Lucas, District 18
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
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 HB 799.
Where it stands
Acts of Assembly Chapter text (CHAP0821)
April 13, 2026
How did lawmakers vote?
House of Delegates votes
2 recorded votes · each counted separately
Senate votes
3 recorded votes · each counted separately
House of DelegatesStage: Passed House (92-Y 4-N 0-A) · February 25, 2026
92
Yes
4
No
3
Absent or Not Voting
99 delegates recorded in this House of Delegates vote. Colors show vote categories only, not whether a vote was good or bad.
See how each delegate voted
| Delegate | District | Vote |
|---|---|---|
| Patrick Hope | 1 | Yes |
| Adele McClure | 2 | Yes |
| Alfonso Lopez | 3 | Yes |
| Charniele Herring | 4 | Yes |
| Kirk McPike | 5 | Yes |
| Richard Sullivan | 6 | Yes |
| Karen Keys-Gamarra | 7 | Yes |
| Irene Shin | 8 | Yes |
| Karrie Delaney | 9 | Yes |
| Dan Helmer | 10 | Yes |
Bill history
Prefiled and ordered printed; Offered 01-14-2026 26102902D
Referred to Committee on Finance and Appropriations
Fiscal Impact Statement from Department of Planning and Budget (SB403)
Reported from Finance and Appropriations (14-Y 0-N)
Rules suspended
Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
Passed by for the day Block Vote (Voice Vote)
Passed by for the day
Read second time
Engrossed by Senate (Voice Vote)
Read third time and passed Senate (38-Y 0-N 0-A)
Placed on Calendar
Read first time
Referred to Committee on Appropriations
Assigned HAPP sub: Commerce Agriculture & Natural Resources
Reported from Appropriations (22-Y 0-N)
Read second time
Moved from Uncontested Calendar to Regular Calendar
Read third time
Passed House (92-Y 4-N 0-A)
Enrolled
Bill text as passed Senate and House (SB403ER)
Fiscal Impact Statement from Department of Planning and Budget (SB403)
Signed by Speaker
Signed by President
Enrolled Bill communicated to Governor on March 10, 2026
Governor's Action Deadline 11:59 p.m., April 13, 2026
Approved by Governor-Chapter 821 (effective 7/1/2026)
Acts of Assembly Chapter text (CHAP0821)
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