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Bill > HB1053


VA HB1053

VA HB1053
GO Virginia grants; matching funds.


summary

Introduced
01/14/2026
In Committee
02/09/2026
Crossed Over
02/06/2026
Passed
Dead

Introduced Session

2026 Regular Regular Session

Bill Summary

GO Virginia grants; matching funds. Reinstates the program that previously expired on July 1, 2025, allowing a locality to use grant funds awarded by the Tobacco Region Revitalization Commission as matching funds for GO Virginia grants.

AI Summary

This bill extends the GO Virginia grant program, which provides funding for economic development initiatives, by allowing localities to use grant funds awarded by the Tobacco Region Revitalization Commission as matching funds for GO Virginia grants, a provision that was set to expire on July 1, 2025, and will now remain in effect until July 1, 2026.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Referred to Committee on Finance and Appropriations (on 02/09/2026)

bill text


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bill summary

Document Type Source Location
State Bill Page https://lis.virginia.gov/bill-details/20261/HB1053
Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (HB1053) https://lis.blob.core.windows.net/files/1095107.PDF
BillText https://lis.virginia.gov/bill-details/20261/HB1053/text/HB1053
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