Legislation · Virginia · 2026 Regular Session
HB 800: Active Pharmaceutical Ingredient Manufacturing Grant Fund; established.
Summary
Active Pharmaceutical Ingredient Manufacturing Grant Fund. Establishes the Active Pharmaceutical Ingredient Manufacturing Grant Fund to provide grant installment awards between July 1, 2026, and July 1, 2045, in an amount not to exceed $15 million per fiscal year and in an aggregate amount not to exceed $130 million, 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 $2,148,793,019 and create and maintain at least 468 new full-time jobs. This bill is identical to SB 404.
Latest recorded action
No action recorded yet.
Apr 13, 2026
This is the latest action supplied by the source, not the full legislative history.
Read the official text and history ↗Track bills like this one
Mandate alerts you when a bill that matters to your organization moves, and explains what it means.
Bill data from LegiScan, licensed under CC BY 4.0. Formatting adjusted by Mandate.