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VA HB1053
Bill
Status
Engrossed
2/4/2026
Primary Sponsor
Eric Phillips
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AI Summary
- Extends the GO Virginia grants matching funds provisions, which were set to expire on July 1, 2025, making them effective again on and after July 1, 2026
- Creates a one-year gap in the matching funds requirements between July 1, 2025, and July 1, 2026
- Amends previous legislation from 2020 that has been modified multiple times (2021, 2022, and 2023) regarding GO Virginia grant matching fund requirements
- GO Virginia is an economic development initiative that provides grants to regional councils for collaborative projects promoting private-sector growth and job creation
Legislative Description
GO Virginia grants; matching funds.
Last Action
Passed by indefinitely in Finance and Appropriations (10-Y 5-N)
2/25/2026
Committee Referrals
Finance and Appropriations2/9/2026
Appropriations: Commerce Agriculture & Natural Resources1/22/2026
Appropriations1/14/2026
Full Bill Text
No bill text available