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Committee approves study on microchip and semiconductor tax incentives, directs VEDP to report by Nov. 30, 2025
2128326 · January 17, 2025
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Summary
Senate Bill 1184, directing VEDP and the Department of Taxation to study incentives for semiconductor and microchip manufacturing and report by Nov. 30, 2025, was reported by the Rules Committee (Ayes 15, No 0).
Senate Bill 1184, requiring the Virginia Economic Development Partnership (VEDP) to analyze potential economic development incentives for microchip and semiconductor manufacturers and report findings and recommendations by Nov. 30, 2025, was reported by the Rules Committee and will be scheduled for further committee action.
The sponsor summarized the federal…
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