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HB 1076

Virginia - Session 2026

House of Delegates enrolled 2026-03-10
Bill Details

Title: Pharmaceutical Substance Manufacturing Grant Fund; created.

Summary

Pharmaceutical Substance Manufacturing Grant Fund. Establishes the Pharmaceutical Substance Manufacturing Grant Fund to provide grant installment awards between July 1, 2026, and July 1, 2045, in an amount not to exceed $34 million per fiscal year and in an aggregate amount not to exceed $191,255,000, to a qualified company that (i) engages in the manufacture of pharmaceutical substances, (ii) executes a memorandum of understanding with the Commonwealth, and (iii) is expected to make a capital investment of at least $4 billion and create and maintain at least 500 new full-time jobs.

Sponsor
Laufer
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2026-01-14 Introduced Bill introduced
2026-03-10 Status enrolled
2026-03-10 Latest Action Governor's Action Deadline 11:59 p.m., April 13, 2026
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